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Read. Follow. Verify.Senate Finance Committee Hearing on Business Tax Reform
Record date · January 1, 2018
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What This Bill Does
This document is the official transcript of a September 19, 2017, Senate Finance Committee hearing regarding potential reforms to the U.S. business tax system. The hearing featured testimony from tax policy experts and industry representatives regarding the structure and impact of business taxes.
The hearing served as a foundational discussion for federal tax policy changes that affect how businesses are taxed, which influences corporate investment, operational costs, and the broader U.S. economy.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Business entities
Changes to the tax code discussed in this hearing directly impact the tax liabilities and compliance requirements for businesses.
Tax policy experts
These individuals provide analysis that informs the legislative process regarding tax reform.
Key Facts
- The hearing took place on September 19, 2017, in the Dirksen Senate Office Building.
- The session was convened by Chairman Orrin G. Hatch.
- Witnesses provided testimony on business tax reform, including representatives from the Tax Foundation, Urban Institute, AICPA, and The Real Estate Roundtable.
- The record includes prepared statements and responses to follow-up questions from the witnesses.
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- Numerous industry coalitions and organizations submitted written communications for the record regarding tax reform priorities.
Frequently Asked Questions
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News Coverage
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Votes, people, money & the original sourceLobbying Activity
A STREET STRATEGIES
on behalf of National Association of Convenience Stores
2026
“Issues relating to renewable fuels and energy policy Issues relating to UST regulations Issues relating to renewable fuels standard implementation Issues relating to retailer liability associated with selling alternative and renewable fuels Issues relating to the gasoline and diesel fuel excise tax Issues relating to Biodiesel Blenders' Tax Credit Issues relating to the Alternative Fuel Vehicle Refueling Property tax credit Issues relating to Gas prices and fuel markets, price gouging E15 RVP waiver”
SMALL BUSINESS MAJORITY FOUNDATION, INC.
1607 STRATEGIES, LLC
on behalf of BMO Financial Corp.
2020
“Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Issues related to proposed rulemaking by the Federal Reserve Board for financial institutions with foreign parent companies. Issues related to the Federal Deposit Insurance Corporation brokered deposits rulemaking.”
1607 STRATEGIES, LLC
on behalf of BMO Financial Corp.
2020
“Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Issues related to proposed rulemaking by the Federal Reserve Board for financial institutions with foreign parent companies. Issues related to the Federal Deposit Insurance Corporation brokered deposits rulemaking.”
1607 STRATEGIES, LLC
on behalf of BMO Financial Corp.
2020
“Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Issues related to proposed rulemaking by the Federal Reserve Board for financial institutions with foreign parent companies. Issues related to the Federal Deposit Insurance Corporation brokered deposits rulemaking.”
1607 STRATEGIES, LLC
on behalf of BMO Financial Corp.
2020
“Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Issues related to proposed rulemaking by the Federal Reserve Board for financial institutions with foreign parent companies. Issues related to the Federal Deposit Insurance Corporation brokered deposits rulemaking.”
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Extensive Stakeholder Participation
The hearing record includes submissions from a wide array of industry groups, indicating high levels of lobbying interest in the 2017 tax reform process.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy40Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz20Current news / social attention level
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