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Build Back Better Act - CCH AnswerConnect Tax Briefing
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"Build Back Better Act - CCH AnswerConnect Tax Briefing"

House Committee Advances $3.5T Domestic Agenda; Outlook for Bill Uncertain

On September 25, 2021, the House Budget Committee approved legislative text for the Build Back Better Act. This action followed approval of a series of component bills by the House Ways and Means Committee a couple weeks earlier. While the text of the bill at this stage is by no means final, the approval of the text by two committees begins to paint a picture of the basic proposals that might be included, in one form or another, in a final package approved by Congress sometime this fall.

This special report from CCH AnswerConnect provides a deep-dive into the proposed bill, including:

  • Tax increases on corporations and high-income individuals
  • Extension of many popular ARPA tax credits
  • Changes to taxation of foreign corporations
  • Modifications of estate taxes, grantor trust rules and retirement plans
  • Massive expansion and extension of green energy incentives
  • Plus, much more!

Find out more about the Build Back Better Act, download a free copy of this timely tax briefing today.


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