Sunday, December 22, 2013
Joint Committee on Taxation, Description of Certain Revenue Provisions Contained in the President's Fiscal Year 2014 Budget Proposal (JCS-4-13) (220 pages):
This document ... provides a description and analysis of certain revenue provisions modifying the Internal Revenue Code ... that are included in the President’s fiscal year 2014 budget proposal. ... Because many of the provisions in the 2014 budget proposal are substantially similar or identical to the fiscal year 2013 budget proposal, the Joint Committee Staff has described only those provisions that did not appear in the fiscal year 2013 budget proposal or that are substantially modified. The document generally follows the order of the proposals as included in the Department of the Treasury’s explanation of the President’s budget revenue proposals. For new provisions, there is a description of present law and the proposal (including effective date), and a discussion of policy issues related to the proposal. For modified provisions, there is a description of the modification, and a footnote directing the reader to the Joint Committee Staff’s description of the revenue provision as it appeared in the fiscal year 2013 budget proposal.