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ALI CLE in the News

November 17, 2017

 

On November 16, 2017, the U.S. House of Representatives passed the Tax Cut and Jobs Act, H.R. 1,, as amended.  This action followed the November 10 release of the Senate GOP’s version of the Tax Cuts and Jobs Act by Senate Finance Committee Chairman Orrin Hatch.  Although in many ways the same, the Senate version has several significant differences from the House Bill, particularly the Senate bill’s proposed repeal of the state and local tax deduction and recently added proposed repeal of the ACA mandate.

 

Click on the full PDF below for an in-depth review of the amended House Bill and the differences in the proposed Senate Bill, click the link below.

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