Kennedy Sutherland Urges Congress to Extend NMTC Program

Yesterday, the San Antonio law firm of Kennedy Sutherland LLP urged Congress to extend the New Markets Tax Credit (NMTC) program by signing onto the New Markets Tax Credit Coalition letter. The letter, strongly urged the 113th Congress to extend the New Markets Tax Credit (NMTC) program before adjourning this year.  Along with 1,500 organizations, including businesses, nonprofits and investors, we believe the economic activity spurred by NMTC investments has generated enough tax revenue to cover the cost of the program and has. The program has created over 550,000 jobs in severely distressed communities with unemployment rates at least 1.5 times the national average or with poverty rates of at least 30 percent.

Read Letter

Contact Us

Have any questions? Send our team an email and we'll get back to you as soon as posible. *Warning: Do not send or include any information in any email generated through this web site if you consider the information confidential or privileged. By submitting information by email or other communication in response to this web site, you agree that the communication does not create a lawyer-client relationship between you and the law firm and its lawyers and that any information submitted is not confidential and is not privileged. You further acknowledge that, unless the law firm subsequently enters into a lawyer-client relationship with you, any information you provide will not be treated as confidential and any such information may be used adversely to you and for the benefit of current or future clients of the law firm.

Start typing and press Enter to search