Tax reform process in U.S. Senate - KPMG United States
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Legislative update: Senate Finance chairman’s statement on tax reform process

Tax reform process in U.S. Senate

U.S. Senate Finance Committee Chairman Orrin Hatch (R-UT) spoke on the floor of the U.S. Senate about the need for comprehensive tax reform and the “ongoing effort” to reform the Internal Revenue Code.


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Chairman Hatch addressed the tax reform process (among other things) in his statement and said, in part:  

Today, I want to take a few minutes to rebut the growing narrative in the media and elsewhere that tax reform is going to be a secretive exercise, involving the input of only a few key players. 

True enough, there have been meetings involving the administration, House and Senate leaders and tax-writers in recent weeks, wherein we’ve been discussing tax reform at a high level in an effort to reach some agreement. 

However, while this process may result in an agreed upon framework, this will not be the be-all-end-all of tax reform. On the contrary, as chairman of the Senate’s tax-writing committee, I am committed to ensuring a robust process in the Senate for developing, considering, and passing any tax reform package. * * * Toward that end, I have been working to involve all the Republican members of the Senate Finance Committee in this effort. * * *

And, I’ve asked some senators to focus on particular areas.

Chairman Hatch said that he had asked the following senators to focus on the following areas:

  • Senators Enzi and Portman—international tax
  • Senator Grassley—individual tax 
  • Senator Thune—business tax
  • Senators Heller and Cassidy—energy tax
  • Senator Roberts—agriculture

Hatch also noted his intent to enlist the help of other Finance Committee members, over time, on particular tax issues. 

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