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 BurrSchumer: Trump must apologize for wiretapping claim Senate panel asks Trump ally Roger Stone to preserve Russia-related records Senate Intel Committee sets hearing on Russian election interference MORE (R-N.C.), Bill NelsonBill NelsonOvernight Tech: Senate votes to eliminate Obama internet privacy rules | FCC chief wants to stay out of 'political debate' on fake news | Wikileaks reveals new CIA docs FCC chairman: Whether NY Times, CNN, NBC are 'fake news' is a ‘political debate’ Senators demand Pentagon action after nude photo scandal MORE (D-Fla.), Debbie StabenowDebbie StabenowPerdue says he will advocate for agriculture spending RNC drops six-figure ad buy for Supreme Court, healthcare fight Five things to watch for in Supreme Court showdown MORE (D-Mich.) and Mark WarnerMark WarnerSenate intel panel has not seen Nunes surveillance documents: lawmakers Overnight Cybersecurity: House Intel chair says surveillance collected on Trump transition team Dem senator: House Intel chairman may have revealed classified info MORE (D-Va.) – all of whom have NASCAR tracks in their state – are pushing to extend that measure.
Sen. Chuck GrassleyChuck GrassleyFriends, foes spar in fight on Trump’s Supreme Court nominee Live coverage: Day three of Supreme Court nominee hearing Live coverage: Day two of Supreme Court nominee hearing 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.