House of Reps Unveiled Three Proposed Tax Bills
Brian Coddington
June 12, 2023
House Bills Spur Discussion of Business Tax Extenders On Friday, June 9, 2023, the House of Representatives unveiled three proposed tax bills. We view these bills as an opening offer, unlikely to pass in their present form, but they will inform later Congressional debate. In this summary, we will focus on the aspects of these bills related to federal income tax accounting methods and credits. Only H.R. 3938 “Build It In America Act” and H.R. 3937 “Small Business Jobs Act”
