Search Results: keywords:"equity investments"

  • S. 479 — To amend the Internal Revenue Code of 1986 to permanently extend the new markets tax credit, and for other purposes.
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    Status:Introduced in Senate
    Words:659

    S. 479 aims to amend the Internal Revenue Code of 1986 to make the new markets tax credit permanent. This bill not only extends the tax credit beyond 2025 but also includes an adjustment for inflation starting in 2026. Additionally, it offers relief from the alternative...

    Simple Explanation

    The bill S. 479 wants to make sure a special kind of tax help, called the new markets tax credit, never runs out and even grows bigger every year because of rising prices. This is like giving businesses a money boost to keep helping them build and grow in new areas.

  • S. 4496 — To expand the authorities of the Office of Strategic Capital of the Department of Defense.
    Status:Introduced in Senate
    Words:1,136

    The bill, known as the "Investing in Our Defense Act of 2024," aims to expand the powers of the Office of Strategic Capital within the Department of Defense. It allows the Office to make minority equity investments, particularly in critical minerals, by amending existing laws. The bill also...

    Simple Explanation

    The bill wants to give the Department of Defense more power to invest in special minerals and important projects by allowing them to do things like owning a small part of companies and charging fees for helping with money, while also making it easier to hire people to get the job done.