Senate Majority Leader Schumer files motion to proceed on tax extenders bill
H.R. 7024, the “Tax Relief for American Families and Workers Act”
H.R. 7024, the “Tax Relief for American Families and Workers Act”
Senate Majority Leader Schumer tonight filed a motion for cloture on the motion to proceed to the House-passed tax extenders bill, the “Tax Relief for American Families and Workers Act” (H.R. 7024).
The filing of this motion is necessary to bring the bill to a vote. The filing tonight suggests he intends to bring this procedural motion to the floor before the August recess, which begins at the end of the week. The motion requires 60 votes to begin debate on the bill on the Senate floor.
The House passed the bill in January. Read TaxNewsFlash
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.