Neal Vows To Make New Markets Credit Permanent This Year

Law360 (July 23, 2020, 5:22 PM EDT) -- House Ways and Means Chairman Richard Neal, D-Mass., said Thursday he was determined to pass legislation that would make the new markets tax credit permanent this year regardless of November's election results. 

If Congress fails to extend the new markets tax credit as part of its legislative response to the coronavirus, it's still likely that lawmakers could extend the credit after November's election, Neal said during a webcast hosted by accounting firm Novogradac & Co. LLP. 

"Regardless of what happens in coming weeks, we also have to prepare for a lame duck session and the new Congress, including taking a look at...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections


Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!