PSI Sci
New here? Follow the money and the votes · Not sure of your district? Find your U.S. House member · Find your state legislators

H.R. 1680: New Markets Tax Credit Extension Act of 2019

Before you vote › Federal bills

H.R. 1680: New Markets Tax Credit Extension Act of 2019

116th Congress · introduced 2019-03-12 · Taxation · Latest: Referred to the House Committee on Ways and Means.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2019-03-12 · official record
  2. Who proposed it: Rep. Sewell, Terri A. [D-AL-7] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the House Committee on Ways and Means. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

New Markets Tax Credit Extension Act of 2019

Plain summary

New Markets Tax Credit Extension Act of 201 9 This bill makes the new markets tax credit permanent. It also modifies the credit to (1) provide for an inflation adjustment to the limitation amount for the credit after 2018, and (2) allow an offset against the alternative minimum tax for the credit (determined with respect to qualified equity investments initially made after 2018).

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

New Markets Tax Credit Extension Act of 2019

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

No AI explanation yet. It takes up to a minute to write and is then saved for everyone.

Limited to a few requests an hour per person.

The strongest published arguments

Arguments for (supporters)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Arguments against (opponents)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Sewell, Terri A. [D-AL-7] · 130 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Suzan K. DelBene (D-WA), Gwen Moore (D-WI), John B. Larson (D-CT), Danny K. Davis (D-IL), Linda T. Sánchez (D-CA), Mike Kelly (R-PA), Jason Smith (R-MO), Darin LaHood (R-IL), Jimmy Gomez (D-CA), John H. Rutherford (R-FL), David P. Joyce (R-OH), Eleanor Holmes Norton (D-DC), Michael R. Turner (R-OH), Mario Diaz-Balart (R-FL), Raja Krishnamoorthi (D-IL), Scott H. Peters (D-CA), Brian K. Fitzpatrick (R-PA), Gus M. Bilirakis (R-FL), Chellie Pingree (D-ME), James R. Baird (R-IN), James P. McGovern (D-MA), Marcy Kaptur (D-OH), Joyce Beatty (D-OH), Steven Horsford (D-NV), Michael K. Simpson (R-ID), Vicente Gonzalez (D-TX), Emanuel Cleaver (D-MO), Mark DeSaulnier (D-CA), Michael Guest (R-MS), Kathy Castor (D-FL), Ann Wagner (R-MO), Lori Trahan (D-MA), Joseph D. Morelle (D-NY), Harold Rogers (R-KY) and 70 more.

Sponsor's campaign money: Rep. Sewell, Terri A. [D-AL-7] reported raising $2.3 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong116-hr1680 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116