Ways and Means Working Groups Influenced Portions of Camp Tax Reform Draft

The bipartisan working groups the House Ways and Means Committee formed last spring to study different areas of the tax code were never meant to produce concrete reform proposals, but the groups' discussions served as a springboard for some of the policy changes incorporated into the chair's draft legislation released last month.
 
House Ways and Means Committee Chair Dave Camp, R-Mich., included in his comprehensive tax reform draft released February 26 a proposal from education working group co-chairs Diane Black, R-Tenn., and Danny K. Davis, D-Ill., to consolidate four education tax credits into one, a revamped version of the American opportunity tax credit. But the influence of the working groups on the draft goes beyond that, Camp told Tax Analysts.

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