Legislative Update: Finance Committee completes report on extenders bill

The Senate Finance Committee has completed and released its report, including a dissent, and text of legislation to extend some 53 of the pending expired and expiring tax provisions, following its August 2 markup. Chairman Max Baucus (D-MT) is expected to introduce the bill and file the report, when the Senate convenes in September.

The following documents are available:

• Committee report: Family and Business Tax Cut Certainty Act of 2012 [PDF 470 KB]
• Draft legislative text [PDF 98 KB]
• Revenue estimate [PDF 17 KB]
• IRS complexity analysis of the provision increasing the alternative minimum tax exemption amount [PDF 96 KB]

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