Tax Reform Legislation Mark Up Commences in the Senate Finance Committee

11/15/2017

The Chairman of the Senate Finance Committee, Orrin Hatch, yesterday released a modification of his initial tax reform proposal.  The changes made do not significantly impact the provisions of concern to ECFC membership.  However, one notable change made in this modification is the elimination of the individual mandate for health insurance that was a cornerstone of the Affordable Care Act. 

A copy of the Chairman’s Modification to the Chairman’s Mark is here. http://www.ecfc.org/files/legislative-news/JCX-56-17-SFC-Chairmans-Modification.pdf
A copy of the Joint Tax Committee (JCT) score of the Chairman’s modification is here. http://www.ecfc.org/files/legislative-news/JCX5717.pdf
An updated spreadsheet of the tax reform proposals of interest to ECFC membership is here.http://www.ecfc.org/files/legislative-news/Tax_reform_spreadsheet_11-15-17_(4).pdf

Media Contact:

Martin Trussell
(202) 659-4300
mtrussell@ecfc.org

About Employers Council on Flexible Compensation

The Employers Council on Flexible Compensation (ECFC) is a non-profit organization dedicated to the maintenance and expansion of private employee benefit programs on a tax-advantaged basis. The organization has two driving missions. The first is to represent and promote flexible compensation programs through effective lobbying. The second is to provide information on flexible compensation programs to member, national opinion leaders and the general public to help create a positive climate for the growth of flexible compensation.