Grassley Releases First Tranche of Reports Examining Tax Extenders (1)

Tax breaks for short-line railroads and energy-efficient commercial buildings should be among the provisions made permanent, a bipartisan group of Senate Finance Committee lawmakers said in a report released Aug. 13.

Committee Chairman Chuck Grassley (R-Iowa), who in May tasked his panel members with examining tax extenders, released reports from three of six task forces on Aug. 13. Two of the reports released, on energy and individual tax provisions, didn’t reach definitive conclusions, indicating either weak support or divided opinion for some of those provisions. Reports from committee task forces that studied employment and development, health, and disaster relief ...