FEDERALhearing transcript

Congressional Hearing on Tax System Improvement Proposals

Original title: MEMBER PROPOSALS FOR IMPROVEMENTS TO THE U.S. TAX SYSTEM

January 1, 2017

tax policy congressional hearing tax reform tax deductions energy efficiency economic policy

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The Frame

What this does

The hearing served as a formal platform for members of Congress to introduce tax policy changes that could influence future legislation affecting individual and corporate tax obligations.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Members of Congress

They used the hearing to formally introduce and advocate for specific tax policy changes.

Industry Trade Associations

Various groups submitted written testimony to influence tax policy regarding specific credits and deductions relevant to their sectors.

What changed

Last recorded activity January 1, 2017.

What's next

Next step not available in the current record.

Summary

This document is a transcript record of a May 12, 2016, House on Tax Policy hearing. During the session, numerous members of Congress presented various proposals for modifying the U.S. tax system, and several organizations submitted written testimony regarding specific tax credits and industry-related tax policies.

Key Facts

The hearing took place on May 12, 2016, under the 114th Congress.
The session was organized into nine panels of members of Congress who presented tax proposals.
The hearing record includes formal submissions from various industry groups, including the American Bankers Association and the Geothermal Energy Association.
Specific tax topics addressed in submissions include the 179D tax deduction for energy-efficient buildings and the Adoption Tax Credit.
The hearing was conducted by the Subcommittee on Tax Policy of the Committee on Ways and Means.

Frequently Asked Questions

What was the purpose of this hearing?

The hearing allowed members of Congress to present their individual proposals for improving or changing the U.S. tax system to the on Tax Policy.

Did this hearing result in new laws?

No, this was a hearing to gather proposals and testimony; it is not a legislative act that changes tax law.

Why It Matters

The hearing served as a formal platform for members of Congress to introduce tax policy changes that could influence future legislation affecting individual and corporate tax obligations.

News Coverage

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Focus on Energy Efficiency

A significant portion of the submissions for the record focused on energy-related tax incentives, indicating a high level of industry interest in these specific provisions during the 114th Congress.

Coalition to Extend and Improve the 179D Tax Deduction American Gas Association Geothermal Energy Association

Connected Entities

personCharles W. Boustany, Jr.“Chairman of the Subcommittee on Tax Policy.”Map →

organizationSubcommittee on Tax Policy“The body within the House Ways and Means Committee that held the hearing.”Map →

personKevin Brady“Chairman of the Committee on Ways and Means.”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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