# 115-hr-1098: New Markets Tax Credit Extension Act of 2017

115-hr-1098, New Markets Tax Credit Extension Act of 2017, is a 115th Congress bill sponsored by PATRICK TIBERI (R-OH); status ASSUMING FIRST SPONSORSHIP - Mr. Reed asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 1098, a bill originally introduced by Representative Tiberi, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-1098
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-1098
- Congress: 115
- Title: New Markets Tax Credit Extension Act of 2017
- Status: ASSUMING FIRST SPONSORSHIP - Mr. Reed asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 1098, a bill originally introduced by Representative Tiberi, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
- Introduced: 2017-02-15
- Sponsor: PATRICK TIBERI (R-OH)
- Cosponsors: 103
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

New Markets Tax Credit Extension Act of 2017 This bill amends the Internal Revenue Code to: (1) make permanent the new markets tax credit, (2) provide for an inflation adjustment to the limitation amount for such credit after 2016, and (3) allow an offset against the alternative minimum tax for such credit (determined with respect to qualified equity investments initially made after 2016).

## Cosponsors (103)

- Rep. Neal, Richard E. [D-MA-1] (D-MA), 2017-02-15T00:00:00.000Z
- Rep. Reed, Tom [R-NY-23] (R-NY), 2017-02-15T00:00:00.000Z
- Rep. Kelly, Mike [R-PA-16] (R-PA), 2017-02-15T00:00:00.000Z
- Rep. Meehan, Patrick [R-PA-7] (R-PA), 2017-02-15T00:00:00.000Z
- Rep. McKinley, David B. [R-WV-1] (R-WV), 2017-02-15T00:00:00.000Z
- Rep. Kind, Ron [D-WI-3] (D-WI), 2017-02-15T00:00:00.000Z
- Rep. Higgins, Brian [D-NY-26] (D-NY), 2017-02-15T00:00:00.000Z
- Rep. Smith, Jason [R-MO-8] (R-MO), 2017-02-15T00:00:00.000Z
- Rep. Paulsen, Erik [R-MN-3] (R-MN), 2017-02-15T00:00:00.000Z
- Rep. Blumenauer, Earl [D-OR-3] (D-OR), 2017-02-15T00:00:00.000Z
- Rep. Davis, Danny K. [D-IL-7] (D-IL), 2017-02-15T00:00:00.000Z
- Rep. Thompson, Mike [D-CA-4] (D-CA), 2017-02-15T00:00:00.000Z
- Rep. Pascrell, Bill, Jr. [D-NJ-9] (D-NJ), 2017-02-15T00:00:00.000Z
- Rep. Sewell, Terri A. [D-AL-7] (D-AL), 2017-02-15T00:00:00.000Z
- Rep. Larson, John B. [D-CT-1] (D-CT), 2017-02-15T00:00:00.000Z
- Rep. Sánchez, Linda T. [D-CA-38] (D-CA), 2017-02-15T00:00:00.000Z
- Rep. Turner, Michael R. [R-OH-10] (R-OH), 2017-02-15T00:00:00.000Z
- Rep. Joyce, David P. [R-OH-14] (R-OH), 2017-02-15T00:00:00.000Z
- Rep. Johnson, Bill [R-OH-6] (R-OH), 2017-02-15T00:00:00.000Z
- Rep. Stivers, Steve [R-OH-15] (R-OH), 2017-02-15T00:00:00.000Z
- Rep. Renacci, James B. [R-OH-16] (R-OH), 2017-02-15T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2017-02-16T00:00:00.000Z
- Rep. Curbelo, Carlos [R-FL-26] (R-FL), 2017-02-16T00:00:00.000Z
- Rep. Yoho, Ted S. [R-FL-3] (R-FL), 2017-02-27T00:00:00.000Z
- Rep. Price, David E. [D-NC-4] (D-NC), 2017-02-27T00:00:00.000Z
- Rep. Ryan, Tim [D-OH-13] (D-OH), 2017-02-27T00:00:00.000Z
- ELIJAH CUMMINGS (D-MD), 2017-02-27T00:00:00.000Z
- Rep. Gibbs, Bob [R-OH-7] (R-OH), 2017-02-28T00:00:00.000Z
- Rep. Buchanan, Vern [R-FL-16] (R-FL), 2017-03-01T00:00:00.000Z
- Rep. Smucker, Lloyd [R-PA-11] (R-PA), 2017-03-07T00:00:00.000Z
- Rep. Bilirakis, Gus M. [R-FL-12] (R-FL), 2017-03-07T00:00:00.000Z
- Rep. Young, Don [R-AK-At Large] (R-AK), 2017-03-07T00:00:00.000Z
- Rep. Ellison, Keith [D-MN-5] (D-MN), 2017-03-07T00:00:00.000Z
- Rep. DelBene, Suzan K. [D-WA-1] (D-WA), 2017-03-07T00:00:00.000Z
- Rep. Diaz-Balart, Mario [R-FL-26] (R-FL), 2017-03-08T00:00:00.000Z
- Rep. Rooney, Thomas J. [R-FL-17] (R-FL), 2017-03-09T00:00:00.000Z
- Rep. Valadao, David G. [R-CA-22] (R-CA), 2017-03-15T00:00:00.000Z
- Rep. Doyle, Michael F. [D-PA-18] (D-PA), 2017-03-15T00:00:00.000Z
- Rep. Long, Billy [R-MO-7] (R-MO), 2017-03-24T00:00:00.000Z
- PETER KING (R-NY), 2017-03-27T00:00:00.000Z
- Rep. Ross, Dennis A. [R-FL-15] (R-FL), 2017-03-27T00:00:00.000Z
- Rep. Beatty, Joyce [D-OH-3] (D-OH), 2017-04-17T00:00:00.000Z
- Rep. Cicilline, David N. [D-RI-1] (D-RI), 2017-04-25T00:00:00.000Z
- Rep. Payne, Donald M., Jr. [D-NJ-10] (D-NJ), 2017-05-01T00:00:00.000Z
- Rep. Harper, Gregg [R-MS-3] (R-MS), 2017-05-03T00:00:00.000Z
- Rep. McGovern, James P. [D-MA-2] (D-MA), 2017-05-03T00:00:00.000Z
- Rep. Pingree, Chellie [D-ME-1] (D-ME), 2017-05-03T00:00:00.000Z
- COLLIN PETERSON (D-MN), 2017-05-11T00:00:00.000Z
- Rep. Wenstrup, Brad R. [R-OH-2] (R-OH), 2017-05-11T00:00:00.000Z
- Rep. Swalwell, Eric [D-CA-14] (D-CA), 2017-05-17T00:00:00.000Z
- Rep. Castor, Kathy [D-FL-14] (D-FL), 2017-05-17T00:00:00.000Z
- Rep. Sinema, Kyrsten [D-AZ-9] (D-AZ), 2017-05-18T00:00:00.000Z
- Rep. DeFazio, Peter A. [D-OR-4] (D-OR), 2017-05-19T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2017-05-23T00:00:00.000Z
- Rep. Kaptur, Marcy [D-OH-9] (D-OH), 2017-06-06T00:00:00.000Z
- Rep. Fudge, Marcia L. [D-OH-11] (D-OH), 2017-06-07T00:00:00.000Z
- Rep. Comstock, Barbara [R-VA-10] (R-VA), 2017-06-07T00:00:00.000Z
- Rep. Chabot, Steve [R-OH-1] (R-OH), 2017-06-08T00:00:00.000Z
- RICHARD NOLAN (D-MN), 2017-06-08T00:00:00.000Z
- Rep. Abraham, Ralph Lee [R-LA-5] (R-LA), 2017-06-08T00:00:00.000Z
- Rep. Holding, George [R-NC-2] (R-NC), 2017-06-12T00:00:00.000Z
- Rep. O'Halleran, Tom [D-AZ-1] (D-AZ), 2017-06-13T00:00:00.000Z
- Rep. Crist, Charlie [D-FL-13] (D-FL), 2017-06-22T00:00:00.000Z
- Rep. Cartwright, Matt [D-PA-8] (D-PA), 2017-06-27T00:00:00.000Z
- Rep. Krishnamoorthi, Raja [D-IL-8] (D-IL), 2017-06-28T00:00:00.000Z
- MICHAEL CAPUANO (D-MA), 2017-06-28T00:00:00.000Z
- Sen. Welch, Peter [D-VT] (D-VT), 2017-07-12T00:00:00.000Z
- Rep. Costa, Jim [D-CA-21] (D-CA), 2017-07-24T00:00:00.000Z
- Rep. McCollum, Betty [D-MN-4] (D-MN), 2017-07-26T00:00:00.000Z
- Rep. Sires, Albio [D-NJ-8] (D-NJ), 2017-07-28T00:00:00.000Z
- Rep. Lofgren, Zoe [D-CA-18] (D-CA), 2017-07-28T00:00:00.000Z
- Rep. Shea-Porter, Carol [D-NH-1] (D-NH), 2017-08-15T00:00:00.000Z
- Rep. Schakowsky, Janice D. [D-IL-9] (D-IL), 2017-09-12T00:00:00.000Z
- Rep. Jenkins, Lynn [R-KS-2] (R-KS), 2017-09-25T00:00:00.000Z
- Rep. Upton, Fred [R-MI-6] (R-MI), 2017-09-25T00:00:00.000Z
- Rep. Rokita, Todd [R-IN-4] (R-IN), 2017-09-27T00:00:00.000Z
- Rep. Walorski, Jackie [R-IN-2] (R-IN), 2017-10-12T00:00:00.000Z
- Rep. DeSaulnier, Mark [D-CA-10] (D-CA), 2017-10-12T00:00:00.000Z
- Rep. Richmond, Cedric L. [D-LA-2] (D-LA), 2017-10-12T00:00:00.000Z
- Rep. Palazzo, Steven M. [R-MS-4] (R-MS), 2017-10-12T00:00:00.000Z
- Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large] (D-MP), 2017-10-23T00:00:00.000Z
- Rep. Messer, Luke [R-IN-6] (R-IN), 2017-10-26T00:00:00.000Z
- Rep. Graves, Garret [R-LA-6] (R-LA), 2017-10-26T00:00:00.000Z
- Rep. Posey, Bill [R-FL-8] (R-FL), 2017-10-26T00:00:00.000Z
- Rep. Rogers, Harold [R-KY-5] (R-KY), 2017-10-31T00:00:00.000Z
- Rep. Yarmuth, John A. [D-KY-3] (D-KY), 2017-10-31T00:00:00.000Z
- Rep. Wagner, Ann [R-MO-2] (R-MO), 2017-10-31T00:00:00.000Z
- Rep. Esty, Elizabeth H. [D-CT-5] (D-CT), 2017-11-02T00:00:00.000Z
- Rep. Carson, André [D-IN-7] (D-IN), 2017-11-02T00:00:00.000Z
- Rep. Brooks, Susan W. [R-IN-5] (R-IN), 2017-11-02T00:00:00.000Z
- Rep. Hastings, Alcee L. [D-FL-20] (D-FL), 2017-11-06T00:00:00.000Z
- Rep. Clarke, Yvette D. [D-NY-9] (D-NY), 2018-04-16T00:00:00.000Z
- LUIS GUTIERREZ (D-IL), 2018-04-25T00:00:00.000Z
- Rep. Kildee, Daniel T. [D-MI-8] (D-MI), 2018-07-10T00:00:00.000Z
- Rep. Roskam, Peter J. [R-IL-6] (R-IL), 2018-07-23T00:00:00.000Z
- Rep. Barr, Andy [R-KY-6] (R-KY), 2018-09-10T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2018-09-10T00:00:00.000Z
- Rep. DesJarlais, Scott [R-TN-4] (R-TN), 2018-09-10T00:00:00.000Z
- Rep. Bishop, Sanford D. [D-GA-2] (D-GA), 2018-09-25T00:00:00.000Z
- Rep. Kuster, Ann M. [D-NH-2] (D-NH), 2018-09-25T00:00:00.000Z
- Rep. Hartzler, Vicky [R-MO-4] (R-MO), 2018-10-16T00:00:00.000Z
- Rep. Simpson, Michael K. [R-ID-2] (R-ID), 2018-10-30T00:00:00.000Z
- Rep. Peters, Scott H. [D-CA-50] (D-CA), 2018-12-19T00:00:00.000Z

## Related bills

- 115-hr-299: Blue Water Navy Vietnam Veterans Act of 2018
- 115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act
- 115-hr-1235: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 115-hr-1017: Removing Barriers to Colorectal Cancer Screening Act of 2017
- 115-hr-4107: USS Indianapolis Congressional Gold Medal Act
- 115-hr-1861: Larry Doby Congressional Gold Medal Act

## Sources
- [115-hr-1098 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/1098)

## Related
- [115-hr-299: Blue Water Navy Vietnam Veterans Act of 2018](https://policyrisk.com/legislation/115-hr-299)
- [115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-2519)
- [115-hr-1235: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-1235)
- [115-hr-1017: Removing Barriers to Colorectal Cancer Screening Act of 2017](https://policyrisk.com/legislation/115-hr-1017)
- [115-hr-4107: USS Indianapolis Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-4107)
- [115-hr-1861: Larry Doby Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-1861)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-1098 (as of 2025-11-18).