On January 1, 2013, Congress voted to extend the New Markets Tax Credit (“NMTC”) Program for two additional years. The NMTC Program had expired on December 31, 2011. The extension of the NMTC Program is one component of the American Taxpayer Relief Act of 2012, which helped address the nation’s “fiscal cliff” dilemma. Download the PDF: Extension of the NMTC Program
