Legislative update: House Budget Committee’s report on “Build Back Better Act” (the reconciliation bill)

A report to accompany H.R. 5376, the “Build Back Better Act”

A report to accompany H.R. 5376, the “Build Back Better Act”

The U.S. House Budget Committee today released a report to accompany H.R. 5376, the “Build Back Better Act” (the reconciliation bill). 

The Budget Committee’s report includes discussions of the tax provisions approved by the Ways and Means Committee earlier this month—read TaxNewsFlashas well as the provisions approved by other House committees. The Budget Committee’s report includes both explanatory language and bill text. 

Today’s Budget Committee report notes some technical corrections that would be necessary. Also, there could be further changes to H.R. 5376 before the full House votes on the proposed legislation.


Read the Budget Committee's entire report for H.R. 5376 (scroll to the bottom) which includes much more than the revenue proposals.

Read the particular parts of the Budget Committee’s report with tax provisions:

Read the bill text:


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