By Alan K. Ota, ROLL CALL
The House, which passed one permanent extension of an expired business tax break, will delay any action on other so-called extenders until at least June following the demise this week of the Senate’s two-year tax break patch.
House Republican leaders on Friday finalized plans for floor action for the coming week that did not include proposed individual bills some GOP lawmakers want, and action on any of the separate measures is unlikely in the coming brief work period.
Senior GOP aides said the House would put off further action on five remaining permanent tax-break extensions that passed out of the Ways and Means Committee until next month. Lobbyists said the House likely would move next on a $73 billion proposal (HR 4457) by Pat Tiberi, R-Ohio, to make permanent the $500,000 cap for small business expensing.