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Tenney introduces tax credit bill to assist rural developers

Press release: Congresswoman Claudia Tenney (NY-24), a member of the House Ways and Means Committee, introduced the New Markets Tax Credit Extension (NMTC) Act of 2023. This bipartisan legislation would make the NMTC permanent, index the allocation to inflation in future years, and exempt NMTC investments from the Alternative Minimum Tax. Tenney led this piece of legislation ....

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