The top lawmakers on the Senate Finance Committee (SFC) are focusing on IRS reform. Currently, SFC Chairman Orrin G. Hatch, R-Utah and ranking member Ron Wyden, D-Ore., are reviewing the House’s bipartisan IRS reform bills. In April, the House passed a package of bills that aim to restructure the IRS for the first time in 20 years.
“The administrative reforms included in the House bills are a welcome step forward,” Hatch told Wolters Kluwer on May 11. Moreover, the Senate will likely draft its own IRS reform measure, using the House’s package as a starting point, House Ways and Means Committee Chairman Kevin Brady, R-Tex., told reporters earlier in the week. “I look forward to examining the [House] proposals in more detail and working with my colleagues in Congress to find a path forward that reflects both the House and Senate views,” Hatch told Wolters Kluwer.
Likewise, SFC ranking member Ron Wyden, D-Ore., is also participating in the Senate’s bipartisan IRS reform efforts. The ranking member “continues to review the House legislation,” a spokesperson for Wyden told Wolters Kluwer on May 11.
By Jessica Jeane, Wolters Kluwer News Staff