Tag Archives: Ways and Means Committee

AIRR Act Delayed Amid ATC Reform Opposition

Legislative Activity AIRR Act Delayed Amid ATC Reform Opposition The House is unlikely to consider the Aviation Innovation, Reform, and Reauthorization (AIRR) Act on the floor this week amid opposition from Democrats, Republican appropriators, and some Republican members of the House Ways and Means Committee. The AIRR Act would reauthorize Federal Aviation Administration (FAA) programs … Continue Reading

AIRR Act’s ATC Reform Faces Diverse Opposition

Legislative Activity AIRR Act’s ATC Reform Faces Diverse Opposition The Aviation Innovation, Reform, and Reauthorization (AIRR) Act, House Transportation and Infrastructure Committee Chairman Bill Shuster’s (R-PA) Federal Aviation Administration (FAA) Reauthorization bill, faces diverse opposition to its air traffic control (ATC) reform provisions. The AIRR Act would remove ATC from the federal government and transfer … Continue Reading

House To Consider Transportation Bill on Floor

Legislative Activity House To Consider Transportation Bill on Floor Both chambers passed a short-term extension last week, reauthorizing highway, highway safety, and transit programs through November 20. The House now turns to floor consideration of their six-year surface transportation bill on Wednesday. The House appears determined to make productive use of the 22-day extension. On … Continue Reading

House Transportation Bill Marked-Up, But Short-Term Extension Needed

Legislative Activity House Transportation Bill Marked-Up, But Short-Term Extension Needed Facing the October 29 expiration of surface transportation programs, the House will vote this week on a bill to extend these programs for three weeks, through November 20, buying time for the House to finish work on its six-year bill. The extension legislation also includes … Continue Reading

Returning to the Debate on Long-Term Highway Funding

Legislative Activity Finding a Way to Fund the Nation’s Highways…The Debate Continues Prior to adjourning for the Memorial Day recess, lawmakers passed legislation that extended highway funding authority for a two-month period through July 31. Now, with Congress set to return to Washington this week, lawmakers will yet again be tasked within finding a way to … Continue Reading

House Passes Highway Funding Bill, Senate Prepares to Vote on Legislation

Legislative Activity House Passes Highway Funding Bill, Senate Prepares to Vote on Legislation Last week, the House voted 367-55 to pass H.R. 5021, the Highway and Transportation Funding Act of 2014. The bill would patch and reauthorize the Highway Trust Fund (HTF) through May 2015 by using transfers from the General Fund and the Leaking Underground Storage … Continue Reading

Senate Finance Committee Aims to Markup Highway Funding Bill

Legislative Activity Senate Finance Committee Aims to Markup Highway Funding Bill While not yet noticed, the Senate Finance Committee is expected to markup a short-term highway funding bill before the week-long July 4 holiday recess; however, it is possible that the markup will slip until Congress returns the week of July 7. While disagreements remain … Continue Reading

Reid, Paul Working on Repatriation Bill to Fund Transportation Infrastructure

Legislative Activity Reid, Paul Working on Repatriation Bill to Fund Transportation Infrastructure On June 10, Senate Majority Leader Harry Reid (D-NV) and Senator Rand Paul (R-KY) indicated that they are working on legislation that would allow corporations to repatriate foreign earnings at lower rates, suggesting that this revenue could be used to fund improvements to … Continue Reading

Ways and Means Marks Up Six More Tax Bills, Expected to Continue Work on Extenders Through Summer

Legislative Activity Ways and Means Marks Up Six More Tax Bills, Expected to Continue Work on Extenders Through Summer On May 29, the House Ways and Means Committee held a markup of six bills (four extenders and two new provisions) seeking to make the following tax provisions permanent: (1) conservation contributions; (2) IRA distributions; (3) … Continue Reading

Senate to Take up Temporary Rax Extenders Package; House Takes Different Approach

Legislative Activity Senate to Take Up Temporary Tax Extenders Package; House Takes Different Approach During the week of May 12, the Senate is expected to take up the EXPIRE Act (S. 2260), which provides a two-year extension for certain tax extenders, which expired on January 1. The Senate’s approach for dealing with tax extenders differs … Continue Reading

House to Vote on Legislation to Permanently Extend R&D Tax Credit

Legislative Activity House to Vote on Legislation to Permanently Extend R&D Tax Credit During the week of May 5, the House of Representatives is set to vote on H.R. 4438, the “American Research and Competitiveness Act of 2014,” which is one of six bills considered during the House Ways and Means Committee’s markup of certain … Continue Reading

FATCA IGA Agreements in Substance to be Treated as Agreements in Effect

Legislative Activity Ways and Means Committee to Hold First Hearing on Tax Extenders; Finance Committee Passes Tax Extenders Bill On Tuesday, April 8, the House Ways and Means Committee will hold its first hearing on tax extenders to consider those expired provisions that should be made permanent or provided long-term extensions.  This will likely be … Continue Reading

IRS May Consider Transitional Relief for FATCA Harmonization Rules

Legislative Activity Wyden, Camp to Take Next Steps on Tax Extenders On March 24, House Ways and Means Committee Chairman Dave Camp (R-MI) sent a memo to his Committee members regarding next steps on tax reform.  In the memo, Chairman Camp suggests that the Committee will: (1) continue its efforts to educate Members and stakeholders; … Continue Reading

Camp Discussion Draft Receives Criticism from Republicans

Legislative Activity Wyden Planning Extenders Markup in Early April Senate Finance Committee Chairman Ron Wyden (D-OR) is planning to hold a markup of a tax extenders package sometime in early April.  While an official date has yet to be announced, there has been suggestion that Chairman Wyden is planning to hold the markup on April … Continue Reading

Camp Releases Tax Reform Discussion Draft

Legislative Activity Camp Releases Tax Reform Discussion Draft On February 26, House Ways and Means Committee Chairman Dave Camp (R-MI) released his long-awaited plan for comprehensive tax reform.  The Patton Boggs analysis of Chairman Camp’s discussion draft is available here. This Week’s Hearings: Tuesday, March 4:  The House Judiciary Committee will hold a hearing titled, “Exploring Alternative Solutions … Continue Reading

Bipartisan Congressional Trade Priorities Act of 2014 Introduced; Lawmakers Face January 15 Deadline to Pass Spending Bill

Executive and Legislative Branch Activity Iran As of last Friday, January 10, the bipartisan Senate bill (S. 1881) to increase sanctions on Iran had reportedly garnered a filibuster-proof majority – at least 60 Members supporting it.  While speculation is high as to when the bill will come to the Senate floor, many expect the bill … Continue Reading

Chairman Camp Announces Tax Reform Delay

Legislative Activity Chairman Camp Announces Tax Reform Delay House Ways and Means Chairman Dave Camp (R-MI) stated last week that comprehensive tax reform legislation will not be circulated this year. The Chairman had aimed to release a comprehensive reform draft this year for markup in committee, but other occurrences like the government shutdown had slowed … Continue Reading

Congress Impasse on Debt Ceiling, Spending Measures; Teams Disabling Syrian Chemical Weapons; Special Forces Missions in Libya and Somalia

Executive and Legislative Branch Activity Budget and the Debt Ceiling Debate With no congressional consensus on a bill to fund the U.S. federal government for FY 2014, on Tuesday, October 1, the U.S. government partially shut down. Last week, the House attempted to advance its strategy of passing “mini” continuing resolutions (CR) to fund parts … Continue Reading
LexBlog