Upcoming Committee Action

According to Ways and Means Committee staff, Chairman Dave Camp (R-Mich.) plans to draft legislation during the August congressional recess (which begins August 2) and hopes to have a committee markup in October before a November showdown over raising the debt limit. The House reconvenes on September 9. Assuming Congress agrees to keep the government funded after September 30, the timeline places a tax reform markup directly between two of the most anticipated political battles of the year. Camp said after a meeting with House Democrats that there is no set schedule for Ways and Means members to meet over recess, but he is expecting feedback from committee Democrats in the coming weeks. Finance Committee Chairman Max Baucus (D-Mont.) stands by a statement he made last month that his panel will move a tax reform bill before December. Chairman Baucus’ staff has said that they will use the summer recess to draft a committee tax bill. AGC will continue to identify and meet with congressional offices during the August congressional recess as committee staff begins to draft preliminary language for a tax reform bill. To learn more about the work that Chairmen Camp and Baucus are accomplishing in committee, visit http://taxreform.gov. For more information, please contact Brian Lenihan at (202) 547-4733 or lenihanb@agc.org.