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Senate bill · 119th Congress · Latest step: Introduced

New Markets Tax Credit Extension Act of 2025

S. 479Introduced Feb 6, 2025Policy area: Taxation

Official title: A bill to amend the Internal Revenue Code of 1986 to permanently extend the new markets tax credit, and for other purposes.

Sponsor: Sen. Steve Daines R-MT
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Where it went

Latest action: Feb 6, 2025 — Read twice and referred to the Committee on Finance.

Vote results

No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).

Cosponsors

25 cosponsors — 12 Republicans, 13 Democrats

13 of 25 cosponsors (52%) are from the other party.

Marsha Blackburn (R-TN), Cory Booker (D-NJ), John Boozman (R-AR), Katie Britt (R-AL), Maria Cantwell (D-WA), Shelley Capito (R-WV), Bill Cassidy (R-LA), Maggie Hassan (D-NH), John Hickenlooper (D-CO), John Hoeven (R-ND), Cindy Hyde-Smith (R-MS), Mark Kelly (D-AZ), Amy Klobuchar (D-MN), Jerry Moran (R-KS), Gary Peters (D-MI), Pete Ricketts (R-NE), Jacky Rosen (D-NV), Charles Schumer (D-NY), Tim Scott (R-SC), Jeanne Shaheen (D-NH), Tim Sheehy (R-MT), Chris Van Hollen (D-MD), Mark Warner (D-VA), Peter Welch (D-VT), Roger Wicker (R-MS).

More from the sponsor

Other 119th Congress bills sponsored by Sen. Steve Daines.

Related bills

Relationships as recorded by Congress.gov.

Sponsor’s state and district

Montana in Congress

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Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.