releases: https://www.hatch.senate.gov/public/index.cfm/releases?ContentRecord_id=5649e9cd-0283-4eac-b150-bdaaf5cf96f2
Data license: MIT · Data source: dwillis/congress-press
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| https://www.hatch.senate.gov/public/index.cfm/releases?ContentRecord_id=5649e9cd-0283-4eac-b150-bdaaf5cf96f2 | Hatch Announces Tax Relief Deal for Utah Families, Job Creators & Entrepreneurs | 2015-12-16 | 2015 | 2015-12 | Republican | House | UT | Orrin Hatch | H000338 | www.hatch.senate.gov | legacy | Bipartisan Legislation Lays the Groundwork for Comprehensive Tax Reform WASHINGTON Today, Senate Finance Committee Chairman Orrin Hatch (R-Utah), alongside House Ways and Means Committee Chairman Kevin Brady (R-Texas), and Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) announced a bipartisan, bicameral deal on legislation to provide permanent tax relief for hard-working Utah families, college students, charities, small business and enterprises on the forefront of innovation. The Protecting Americans from Tax Hikes (PATH) Act of 2015 is a culmination of recent work done in both chambers of Congress and renews and makes permanentimportant tax incentives that support both individuals and job creators. This important achievement demonstrates what happens when Congress works for the American people,said Hatch.After years of short-term extensions, good faith bipartisan compromise prevailed. The result? A strong common-sense deal that puts in place permanent and responsible tax relief to help businesses, families and individuals keep more of their hard-earned dollars and promotes greater economic growth here at home. This bill also protects job creators by suspending one of Obamacares most egregious taxes. By providing permanency and certainty in the tax code, this bipartisan bill sets the stage for a comprehensive tax overhaul that will provide bigger paychecks, better jobs, and more opportunity for the American people. The Senate Finance and House Ways and Means Committees, which have jurisdiction over the American tax system, have spearheaded efforts in Congress to overhaul the nations broken tax code. Through working groups, hearings, roundtables, issue papers and markups, lawmakers have examined ways to make the U.S. tax code simpler, fairer, and more efficient. Earlier this year, the Senate Finance Committeereported outa bipartisan tax extenders package that extended provisions to assist families, individuals and small businesses for two years. The House Ways and Means Committee advanced several tax bills that would make permanent a number of policies, like incentives for innovative research and development, among others. The PATH Act includes a number of bipartisan legislative policies that were advanced by the two tax writing committees through open process and debate. Additionally, the legislation suspends the 2.3 percent excise tax on medical devices through 2017. To view a copy of the bill text clickhere. A section-by-section summary of the legislation can be foundhere. | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |