Markup of: Committee on Ways and Means Views and Estimates on the Fiscal Year 2016 Federal Budget; H.R. 529, A bill to amend the Internal Revenue Code of 1986 to improve 529 plans; H.R. 622, A bill to amend the Internal Revenue Code of 1986 to make permanent the deduction of State and local general sales taxes; H.R. 880, A bill to amend the Internal Revenue Code of 1986 to simplify and make permanent the research credit.
1324 Longworth House Office Building at 9:30 AM

Feb 12, 2015

Chairman Ryan has scheduled a Meeting of the Committee on Ways and Means to be held in 1324 Longworth House Office Building on Thursday, February 12, 2015, at 9:30 AM.

Markup of:

-Committee on Ways and Means Views and Estimates on the Fiscal Year 2016 Federal Budget.
-H.R. 529, A bill to amend the Internal Revenue Code of 1986 to improve 529 plans.
-H.R. 622, A bill to amend the Internal Revenue Code of 1986 to make permanent the deduction of State and local general sales taxes.
-H.R. 880, A bill to amend the Internal Revenue Code of 1986 to simplify and make permanent the research credit.

Additional Markup Materials

Committee on Ways and Means Views and Estimates on the Fiscal Year 2016 Federal Budget
H.R. 529

H.R. 622

H.R. 880

JCT Description of H.R. 529

JCT Description of H.R. 622

JCT Description of H.R. 880

Amendment in the Nature of a Substitute to H.R. 529

Amendment in the Nature of a Substitute to H.R. 622

Amendment in the Nature of a Substitute to H.R. 880

JCT Description of Amendment in the Nature of a Substitute to H.R. 529 Green Sheet

JCT Description of Amendment in the Nature of a Substitute to H.R. 622 Green Sheet

JCT Description of Amendment in the Nature of a Substitute to H.R. 880 Green Sheet

Markup Results:

Committee on Ways and Means Views and Estimates on the Fiscal Year 2016 Federal Budget was ordered favorably reported to the House of Representatives by voice vote (with a quorum being present).

Amendment by Mr. Davis to the amendment in the nature of a substitute, in which under the amendment, 529 programs would be required to provide certain information regarding contributions and distributions required by the Secretary to be made public in aggregate form.

The vote on the amendment by Mr. Davis to the amendment in the nature of a substitute, in which under the amendment, 529 programs would be required to provide certain information regarding contributions and distributions required by the Secretary to be made public in aggregate form, was not agreed to by a roll call vote of 21 nays to 13 yeas (with a quorum being present).

Amendment by Mr. Davis to the amendment in the nature of a substitute, which under the amendment disqualifies 529 plans that accept contributions from taxpayers with adjusted gross incomes of more than three million dollars.

The vote on the amendment by Mr. Davis to the amendment in the nature of a substitute, in which under the amendment taxpayers with adjusted gross incomes of more than three million dollars would not be eligible to make contributions to 529 accounts, was not agreed to by a roll call vote of 23 nays to 14 yeas (with a quorum being present). 

H.R. 529 was ordered favorably reported to the House of Representatives as amended by voice vote (with a quorum being present).