Legislation - 112th Congress

2011-2012

Legislation and Proposals

The President's Framework for Business Tax Reform
February 2012

S. 727, Bipartisan Tax Fairness and Simplification Act of 2011
April 5, 2011

Summary of The Bipartisan Tax Fairness and Simplification Act of 2011

Repeals of Tax Credits, Deductions, Exclusions and Other Preferences

Press Release: Wyden, Coats Team Up to Make the Tax Code Work for Businesses and Families

Ways and Means Committee Republicans' International Tax Reform Discussion Draft
October 26, 2011

Technical Explanation of the Ways and Means Discussion Draft Provisions to Establish a Participation Exemption System for the Taxation of Foreign Income
October 26, 2011

Press Release: Camp Releases International Tax Reform Discussion Draft
October 26, 2011

Discussion Draft: One Page Highlights
October 26, 2011

Discussion Draft: Three Page Summary
October 26, 2011

Talking Points and Background: Reforming the Tax Code to Get America Working Again
October 26, 2011

Hearings

Joint Hearing on Energy Tax Policy and Tax Reform
Ways and Means Subcommittee on Select Revenue Measures and Subcommittee on Oversight, September 22, 2011 

Hearing Advisory: Chairman Tiberi and Chairman Boustany Announce Joint Hearing on Energy Tax Policy and Tax Reform
August 3, 2011

Boustany Opening Statement: Joint Hearing on Energy Tax Policy and Tax Reform
September 22, 2011

Tiberi Opening Statement
September 22, 2011

Testimony - J. Russell George, Inspector General, Treasury Inspector General for Tax Administration
September 22, 2011

Testimony - Richard E. Byrd, Jr., Commissioner, Wage and Investment Division, Internal Revenue Service
September 22, 2011

Testimony - Donald B. Marron, The Urban Institute
September 22, 2011

Testimony - Kevin Book, Clearview Energy Partners, LLC
September 22, 2011

Testimony - Neil Z. Auerbach, Hudson Clean Energy Partners, L.P.
September 22, 2011

Testimony - Will Coleman, Mohr Davidow Ventures
September 22, 2011

Testimony - Tim Greeff, Clean Economy Network
September 22, 2011

Testimony - Andrew J. Littlefair, Clean Energy Fuels
September 22, 2011

Testimony - Dr. Lawrence B. Lindsey, The Lindsey Group
September 22, 2011

Testimony - Calvin Dooley, American Chemistry Council
September 22, 2011

Testimony - Dr. David W. Kreutzer, The Heritage Foundation
September 22, 2011

Testimony - Hank Ziomek, Titeflex Corporation
September 22, 2011

Hearing Overview: Revenue Options and Reforming the Tax Code
Joint Select Committee on Deficit Reduction (Super Committee), September 22, 2011

Opening Statement - Sen. Patty Murray
September 22, 2011

Opening Statement - Rep. Jeb Hensarling
September 22, 2011

Testimony - Mr. Tom Barthold, Chief of Staff, Joint Committee on Taxation
September 22, 2011

Examining Whether There is a Role for Tax Reform in Comprehensive Deficit Reduction and U.S. Fiscal Policy 
Senate Finance Committee, September 13, 2011 

Statement: Sen. Bill Nelson
September 13, 2011

Statement: Sen. Mike Crapo
September 13, 2011

Testimony: Dr. Alan C. Greenspan, President, Greenspan Associates LLC, Washington, DC
September 13, 2011

Testimony: Dr. John B. Taylor, Mary and Robert Raymond Professor of Economics and George P. Shultz Senior Fellow in Economics, Stanford University, Hoover Institution, Stanford, CA
September 13, 2011

Dr. Martin S. Feldstein, George F. Baker Professor of Economics, Harvard University, Cambridge, MA
September 13, 2011

Testimony: The Honorable John M. Engler, President, Business Roundtable, Washington, DC
September 13, 2011

Testimony: Mr. Edward D. Kleinbard, Professor of Law, USC Gould School of Law, Los Angeles, CA
September 13, 2011

Tax Reform and the Tax Treatment of Debt and Equity
Joint Hearing between the Senate Committee on Finance and the House Committee on Ways and Means, July 13, 2011 

JCX 40-11: Present Law And Background Relating To Tax Treatment Of Household Debt
July 11, 2011

JCX 41-11:Present Law And Background Relating To Tax Treatment Of Business Debt
July 11, 2011

Chairmen Camp and Baucus Announce Joint Hearing on Tax Reform and the Tax Treatment of Debt and Equity
July 13, 2011 

Hearing on How Business Tax Reform Can Encourage Job Creation
House Ways and Means Committee, June 2, 2011

JCX-34-11: Present Law And Background Relating To Selected Business Income Tax Provisions
June 1, 2011

Chairman Camp Opening Statement
June 2, 2011

Testimony of Ashby T. Corum, KPMG LLP
June 2, 2011

Testimony of Walter J. Galvin, Emerson Electric Co.
June 2, 2011

Testimony of Judy L. Brown, Perrigo Company
June 2, 2011

Testimony of James H. Zrust, The Boeing Company
June 2, 2011

Testimony of James Misplon, Sears Holdings Management Corporation, Hoffman Estates, IL, testifying on behalf of the National Retail Federation
June 2, 2011

Testimony of Mark Stutman, Grant Thornton
June 2, 2011

Sen. Max Baucus Statement
May 3, 2011

Sen. Orrin G. Hatch Statement
May 3, 2011

Daniel Shaviro, Wayne Perry Professor of Taxation, New York University School of Law, New York, NY Testimony
May 3, 2011

Scott Hodge, President, Tax Foundation, Washington, DC Testimony
May 3, 2011

Aviva Aron-Dine, P.h.D. Candidate, Department of Economics, Massachusetts Institute of Technology (MIT), Cambridge, MA Testimony
May 3, 2011

Alan Reynolds, Senior Fellow, Cato Institute, Washington, DC Testimony
May 3, 2011

Ideas on Reforming the U.S. Internal Revenue Code
Senate Committee on Finance, Joint Committee on Taxation, April 6, 2011 

JCX-28-11: Roundtable Discussion On Ideas For Reforming The U.S. Internal Revenue Code
April 6, 2011

Video Replay of Hearing

Camp Statement

Hatch Statement

Chairman Camp Announces First in a Series of Hearings on Fundamental Tax Reform
January 19, 2011

JCX-1-11: Present Law And Historical Overview Of The Federal Tax System
January 18, 2011

Chairman Camp Opening Statement (January 20, 2011) 

Testimony: Nina E. Olson, National Taxpayer Advocate
January 20, 2011

Testimony: Robert A. McDonald, CEO, The Procter & Gamble Company, chairman, Fiscal Policy Initiative of the Business Roundtable
January 20, 2011

Testimony: Warren S. Hudak, President, Hudak & Company, LLC
January 20, 2011

Testimony: Kevin A. Hassett, Ph.D., Senior Fellow & Director of Economic Policy Studies, American Enterprise Institute
January 20, 2011

Testimony: Martin A. Sullivan, Ph.D., Contributing Editor, Tax Analysts
January 20, 2011