Congress is moving rapidly towards passing the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (Extenders Bill) as part of the Consolidated Appropriations Act, 2021. If enacted, the Extenders Bill would extend certain...more
On November 26, the House of Representatives released a tax bill (Extenders Bill) that, if enacted, would extend certain tax credits for the renewable energy and alternative fuels industries and would make other changes...more
2015 Year-End Appropriations and Tax Measures - On Friday, December 18, the House and Senate completed work on the omnibus appropriations legislation funding the federal government for the 2016 fiscal year and a series...more
Last week the Senate voted 65-33 to pass the Extenders bill (H.R. 2029) and it moves to the President where it is expected to be signed. As discussed in more detail in this blog, the legislation makes permanent or creates an...more
The Protecting Americans from Tax Hikes Act of 2015 Passes Both the U.S. House of Representatives and the U.S. Senate - Late in the day on December 15, 2015, the U.S. House of Representatives passed the Protecting...more
Last week, Congress delivered a holiday gift to the country in the form of a permanent extenders package. The Protecting Americans from Tax Hikes Act of 2015 ("PATH Act") passed in the House of Representatives yesterday and...more
Earlier this year, I discussed the IRS’s recent no rule policy on spin-offs, and how that would likely have a chilling impact on spin-offs, particularly the common practice of businesses spinning off their real estate in a...more
Energy and Climate Debate - In his final major effort prior to retiring last week, Speaker of the House John Boehner (R-OH) reached a bipartisan agreement, the Bipartisan Budget Act of 2015, with other House and Senate...more
Energy and Climate Debate - Following a busy week for the Obama Administration during which it held several energy and climate events in anticipation of the international climate negotiations at the end of the year in...more
Energy and Climate Debate - Congress is in recess this week for the Columbus Day holiday, but will return next week with full schedules in both chambers. The House will focus heavily on the leadership race to...more
Energy and Climate Debate - With Congress avoiding a government shutdown by passing a continuing resolution last week, both the House and Senate are in session this week with full schedules, including several energy and...more
Funding Crisis Averted & New Leadership in the House: A week ago no one could have predicted that the biggest story in Washington this week would not be the last minute avoidance of a government shutdown by passage of a...more
Energy and Climate Debate - Congressional activities are abbreviated this week, with the observance of Yom Kippur and Pope Francis’ visit to the United States. Pope Francis will address a joint session of Congress...more
If you go by what Yogi Berra says, tax policy and baseball have a lot in common. Just as we head toward the end of the regular season of baseball and hope we make it to play-offs, Congress is doing the same. Having returned...more
Energy and Climate Debate - Energy and climate issues will garner substantial attention between now and the August recess, and congressional, Administration, and international efforts will remain high through the end of...more
Energy and Climate Debate - With just two or three weeks before the August recess – two for the House, three for the Senate – Congress has a full schedule. The Senate will devote much of this week to the Highway bill,...more
In February, the House of Representatives passed several tax bills and the Senate Finance Committee approved several tax bills that, if ultimately enacted, would impact tax-exempt organizations....more
In two earlier blog posts we mentioned that the House had passed one bill to extend a number of tax breaks and had passed another bill, the ABLE Act, which would provide added benefits to individuals with disabilities....more
ENERGY AND CLIMATE DEBATE - Energy and environmental issues abounded on the congressional as well as international fronts last week, and they will continue to play a prominent role in the last couple of weeks of 2014....more