2017 Tax Reform Information

Find all of the important, relevant documentation relating to the House and Senate Tax Reform proposals and bills below.

House Version (H.R. 1):

On Thursday, Nov. 9, the House Ways and Means made a series of changes to H.R. 1, the Tax Cuts and jobs Act, then passed the bill.  The official summary of those changes is here.

Senate Version:

Chairman Hatch has released an updated version of the Senate tax reform plan that is being debated.  The Committee’s summary of the changes and the JCT’s revenue estimates on the changes are here.

The Senate Finance Committee on Nov. 9 released this bullet-point-level summary of a planned tax reform bill, to be named the Tax Cut and Jobs Act. 

The Senate Finance Committee has released a detailed description of its proposed tax reform bill (“Chairman’s Mark”) and the Joint Committee on Taxation has released the estimated federal revenue effect for each proposal (useful in making state revenue estimates.)