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Tax Extenders Bill Approved by House

On May 21, the House passed, 263-160, the Renewable Energy and Job Creation Act (H.R. 6049), after defeating, 201-220, a motion by Rep. Jim McCrery (R-LA) to recommit the bill to include a “patch” for the Alternative Minimum Tax, provide long-term extensions for several expiring tax provisions, and remove funding offsets. The House Ways and Means Committee passed the measure on May 15 (see The Source, 5/16/08).

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