The House is set to take up several bills extending expired tax provisions when lawmakers return in June.
House Majority Leader Eric CantorEric CantorGOP shifting on immigration Breitbart’s influence grows inside White House Ryan reelected Speaker in near-unanimous GOP vote MORE (R-Va.) told members in a memo Friday that the chamber will vote on three tax bills that would make permanent specific tax breaks that have previously expired.
Last month, the House passed legislation that would make permanent the research and development tax credit, another break that had lapsed at the beginning of 2014. House Republicans are pushing bills to make permanent certain breaks, while Senate Democrats are pushing to offer short-term extensions of those same breaks.
Senate Majority Leader Harry ReidHarry ReidIf Gorsuch pick leads to 'crisis,' Dems should look in mirror first Senate confirms Mulvaney to be Trump’s budget chief Democrats declare victory after Puzder bows out MORE (D-Nev.) indicated earlier this week that the extenders legislation likely will not be dealt with until after the November elections.
In his memo, Cantor noted that House Ways and Means Committee Chairman Dave Camp (R-Mich.) put forward a “bold” comprehensive tax reform plan. While efforts to completely overhaul the tax code have stalled in this Congress, Cantor said the House will move the extenders legislation as the tax-writing panel “continues to gather feedback on the draft.”