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PublicationsWashington Report    February 4, 2012
Washington Report & NASBO News
 
Mar 9

Written by: NASBO-Direct
3/9/2010 2:00 PM 

The Senate will continue work this week on the Tax Extenders Act of 2009 (HR 4213). The bill was originally brought to the Senate floor on Monday, March 1. The legislation would extend an estimated $31 billion in tax code provisions that expired at the end of last year, including individual tax relief and tax credits for alternative fuels and large hybrid vehicles. The bill also would extend, through 2010, tax provisions related to disaster relief, charitable contributions, and community development. The bill may also be a vehicle for extension of unemployment benefits, COBRA health care subsidies for laid-off workers with an increase in Medicaid reimbursements to states, dozens of lapsed tax breaks for businesses, farm disaster aid and other provisions. Several amendments to the bill may also be considered. The legislation originally passed the House on December 9 on a vote of 241-181.

 

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