Friday, February 13, 2009
Tax Provisions of Stimulus Bill
Updated: The House voted today to approve the $787.2 billion stimulus bill, 246-183. Not a single Republican voted in favor of the bill, and only 7 Democrats voted against it (down from 11 on the original House passage). The Senate voted last night to approve the bill, 60-38, with three Republicans (Sens. Collins, Snow and Specter) voting with all of the Democrats. The bill contains $301 billion in tax cuts (including $232.2 billion in tax relief for individuals):
- Statutory Language (Division A)
- Statutory Language (Division B)
- Conference Report (Division A)
- Conference Report (Division B)
- Staff Summary
- Joint Committee on Taxation, Estimated Revenue Effects (JCX-19-09)
- CBO, Cost Estimate
- Associated Press: Stimulus Bill Offers Workers, Businesses Tax Cuts
- ataxingmatter: Economic Stimulus--Conference Agreement
- Bloomberg: GM Wins, Loses in Stimulus, Homebuilders Get Less Aid
- CCH, Tax Briefing
- New York Times: Stimulus Bill’s Tax Breaks and Benefits
- Reuters: Tax Details of Stimulus Plan Released
- Roth & Co:
https://taxprof.typepad.com/taxprof_blog/2009/02/tax-provisions-of-stimulus-bill.html