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The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.
The Tax Relief for American Families and Workers Act of 2024 is a tax bill in the 118th United States Congress that would amend portions of the Internal Revenue Code of 1986. The bill was approved by the House of Representatives on January 31, 2024, by a bipartisan vote 357–70.
The procedure overrides the Senate's filibuster rules, which may otherwise require a 60-vote supermajority for passage. Bills described as reconciliation bills can pass the Senate by a simple majority of 51 votes or 50 votes plus the vice president's as the tie-breaker.
The new tax bill that includes an expansion of the child tax credit and breaks for businesses passed through committee on a big bipartisan vote. ... its path is hazier in the Senate, where it will ...
This bill — if enacted — would serve as a stopgap of sorts ahead of a tax debate in 2025, which will center around an array of provisions in the 2017 Trump tax cuts that are set to expire on ...
Senate Majority Leader Chuck Schumer, D-N.Y., declined to say Wednesday when the tax bill would come to a vote and whether it would be amended. "I support the tax bill," Schumer told reporters.
Pub. L. 105–34 (text), Taxpayer Relief Act of 1997; Pub.L. 105-34, Taxpayer Relief Act of 1997 (readable online) H.R. 2014, Taxpayer Relief Act of 1997; 105th Congress / House / 1st session / Vote 350 final vote results on H R 2014: Revenue Reconciliation Act of 1997, by various groups and by individuals, from the Washington Post
After weeks of hearings and debate, Wilson and Secretary of State William Jennings Bryan managed to unite Senate Democrats behind the bill. [11] The Senate voted 44 to 37 in favor of the bill, with only one Democrat voting against it and only one Republican, progressive leader Robert M. La Follette, voting for it. Wilson signed the Revenue Act ...