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On Monday, the EXPIRE Act of 2014 was introduced to the Senate and placed on the Senate Calendar. Find detailed information at Congress.gov here.
The EXPIRE Act proposes to extend WOTC through 2015 and support for the bill in the Senate is strong; HOWEVER, proponents of the Work Opportunity Credit face a serious challenge in the House where the Ways and Means Committee is now taking up individual tax extender programs for evaluation. Among committee members, Republican support for extending WOTC is weak. (more…)PUBLISHED IN
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Paul Suplizio, President of the WOTC Coalition gave us an e-mail play-by-play this morning as the Senate Finance Committee considered amendments to the EXPIRE Act.
First, according to the Committee’s press release, the Senate Finance Committee approved the EXPIRE Act with a strong bipartisan vote. (more…)PUBLISHED IN
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The markup of the Senate Finance Committee’s tax extenders bill, which was scheduled for Wednesday, has been postponed until Thursday. The bill’s formal name is the “Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act.
The Chairman’s Mark was published today and is available on the Senate Finance Committee’s website. It will be considered by the full Committee on Thursday, amendments offered and approved, etc. It will then pass before the entire Senate for a vote. (more…)PUBLISHED IN
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Senate and House committee votes that may determine the future of the Work Opportunity Tax Credit (WOTC) are approaching in the US Congress. On Tuesday (tomorrow) the Senate Finance Committee has scheduled a hearing to markup a tax-extenders bill. The Committee will then vote to recommend the bill on Wednesday, April 2nd.
While WOTC is almost assured to be included in the Senate’s extender bill, it is not immune to amendments. WOTC proponents hope to stave off any detrimental changes, keeping the program intact until it can be revisited later in the context of comprehensive tax reform. (more…)PUBLISHED IN
