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Regulatory and Legislative
Tax Bill Passes out of Committee
The House Committee on Ways and Means has approved their tax package out of committee by a party line vote of 26-19 following a markup hearing.
Regulatory and Legislative
House Releases Proposed Tax Bill
The House Committee on Ways and Means has released draft text of a budget bill and a section by section summary ahead of a full committee markup of the bill scheduled today.
Regulatory and Legislative
Child Savings Account Proposal Introduced
Senator Bob Casey (D-PA) and several co-sponsors have introduced S. 3716, the 401Kids Savings Account Act.
Regulatory and Legislative
IRS Announces Rollover Relief for Maryland Prepaid College Trust Accounts
The Internal Revenue Service has issued Notice 2024-23 providing relief for taxpayers impacted by system issues affecting the Maryland Prepaid College Trust.
Regulatory and Legislative
SECURE 2.0 Technical Corrections Draft Released
The Senate and House committees of jurisdiction have released a draft containing technical corrections and other clarifications to SECURE 2.0.