Technical Corrections Bill Introduced in Congress
A bill to make "technical corrections" to recently enacted tax legislation was introduced in both the House and the Senate, according to this story from CCH. The bills, S. 4026 and H.R. 6264, should find their way to passage in the "rump session" that will begin after the November election.
The bill in the Senate is cosponsored by both the Chair of the Senate Finance Committee (Charles Grassley, R-IA) and the ranking Democrat, Max Baucus (D-MT). Don't be surprised if some non-technical corrections, like extension of the sales tax deduction, get thrown onto this bill.
We'll keep you informed.
The bill in the Senate is cosponsored by both the Chair of the Senate Finance Committee (Charles Grassley, R-IA) and the ranking Democrat, Max Baucus (D-MT). Don't be surprised if some non-technical corrections, like extension of the sales tax deduction, get thrown onto this bill.
We'll keep you informed.