House GOP Clears Tax Bill

The House this afternoon easily passed a sweeping tax bill that brings congressional Republicans and President Trump one step closer to the major legislative victory they are desperately seeking before the end of the year. President Trump visited Capitol Hill earlier in the day ahead of the vote to rally support but no arm-twisting was… Read more »

Senate Finance Committee Targets Associations

Yesterday, the association community had a major win when provisions that would negatively impact the association community were removed from the House tax bill. Last night, however, the Senate released a bill that includes some of the same provisions we fought in the House bill along with several new proposals that we strongly believe would… Read more »

Senate GOP Releases ‘Conceptual’ Tax Plan

Senate leaders have shared a “conceptual mark” of their tax plan that is markedly different from the tax bill moving through the House. The Senate plan is being presented as a narrative, rather than actual bill text, to allow for more “fulsome and engaged discussion,” according to a statement from the Senate Finance Committee. Senate… Read more »

Ways and Means Advances Revised Tax Bill

Ways and Means Republicans advanced the Tax Cuts and Jobs Act this afternoon after Chairman Kevin Brady (R-TX) made a few revisions, including a change that preserves the deferred compensation arrangements that many associations use to attract and retain top executives. ASAE delivered a sign-on letter to House and Senate tax-writers last night expressing concern… Read more »