Legislative Activity As June Nears, Tax-Writers Press Forward with Tax Reform Proposals Following last week’s Senate Finance Committee hearing to discuss Chairman Orrin Hatch’s (R-UT) “corporate integration” proposal as relates to the pros and cons of a dividends paid deduction regime, this week, on Tuesday, May 24, the Committee will hold its second in a … Continue Reading
Legislative Activity Financial Services Lawmakers to Focus on FSOC, Hold Markup This week, the House Financial Services Committee will hold an oversight hearing on the Financial Stability Oversight Council (FSOC). Notably, eight of the ten voting members will be present to testify. This hearing follows continued discussion about potential reforms to the agency, which many … Continue Reading
Legislative Activity Lawmakers Poised to Move Forward with TRIA Legislation, Dodd-Frank Also in Focus As previously discussed, the 113th Congress was unable to renew the Terrorism Risk Insurance Act (TRIA). Given the urgency to pass such legislation, House Speaker John Boehner (R-OH) has indicated that “the House will act very quickly in the new Congress … Continue Reading
