Senate tax writers unveiled dozens of amendments on Wednesday to the Finance Committee’s legislation to extend a slew of expired tax breaks, seeking to tack on incentives for NASCAR tracks and wind energy.
Committee members filed 93 amendments in all to that measure, the Finance panel said Wednesday, a day ahead of a scheduled mark-up.
Those amendments included expected efforts to extend tax incentives that expired at the end of 2013, but were left out of Wyden and Hatch’s initial package – including the preference for NASCAR track owners.
Sens. Richard BurrRichard BurrTrump's pick for intel chief to get hearing next week A guide to the committees: Senate Juan Williams: Senate GOP begins to push Trump away MORE (R-N.C.), Bill NelsonBill NelsonA guide to the committees: Senate Senate advances Trump's Commerce pick CMS nominee breezes through confirmation hearing MORE (D-Fla.), Debbie StabenowDebbie StabenowA guide to the committees: Senate Trump's pick to lead Medicare won't say if she supports negotiating prices with drug companies Overnight Finance: Fed chief tries to stay above partisan fray | Bill would eliminate consumer agency | Trump signs repeal of SEC rule on foreign payments MORE (D-Mich.) and Mark WarnerMark WarnerDems worry too much about upsetting others. That needs to stop. Washington-area lawmakers request GAO report on DC Metro Trump's pick for intel chief to get hearing next week MORE (D-Va.) – all of whom have NASCAR tracks in their state – are pushing to extend that measure.
Sen. Chuck GrassleyChuck GrassleyGOP senator grilled over DeVos vote during town hall Big Pharma must address high drug prices ObamaCare fix hinges on Medicaid clash in Senate MORE (R-Iowa), the self-professed father of the production tax credit for wind energy, is pushing to extend that preference along with eight committee Democrats.
Wyden has said that he’d like to limit the extenders mark-up to provisions that expired either at the end of 2013 or 2014.
But that didn’t stop his fellow tax writers from seeking to tack on a string of other tax measures.
Republicans, for instance, are seeking votes to delay new proposed federal rules governing tax-exempt 501(c)(4) groups, target taxes in the healthcare law and scrap the estate tax.
Bipartisan groups are pushing for tax break for smaller beer brewers and Olympic medalists.