"Tax Reform" Timeline

"We are working to give the American people a giant tax cut for Christmas.  We are giving them a big beautiful Christmas present in the form of a tremendous tax cut.”

- President Donald J. Trump       

Aug. 30
President Trump delivers speech launching the tax reform effort at Loren Cook Company in Springfield, MO.

Sept. 27
President Trump announces Unified Framework for Fixing Our Broken Tax Code in speech at the Indiana Farm Bureau Building in Indianapolis, IN.

Oct. 26
 House passes budget resolution by vote of 216 to 212.

Nov. 2
House Ways and Means Committee, chaired by Rep. Kevin Brady (R-TX), introduces the "Tax Cuts and Jobs Act."

Nov. 9
- After mark up (Nov. 6-9), House Ways and Means Committee passes the bill on a 24-16 party line vote.
- Senate Finance Committee, chaired by Sen. Orrin Hatch (R-UT), introduces its version of the "Tax Cuts and Jobs Act."

Nov. 16
- House passes the bill on a vote of 227-205, with no Democrats voting for it and thirteen Republicans voting against it.
- After mark up (Nov. 13-16), Senate Finance Committee passes its version, including a repeal of the Obamacare individual mandate, on a 14-12 party line vote.

Nov. 28
Senate Budget Committee approves the Senate version of the bill on 12-11 party line vote.

Dec. 2

Just before 2 a.m., Senate passes its version of the bill on a vote of 51-49, with no Democrats voting for it and one Republican (Corker) voting against it.

Dec. 11

U.S. Treasury releases "Analysis of Growth and Revenue Estimates Based on the U.S. Senate Committee on Finance Tax Reform Plan."

Dec. 13

- House-Senate Conference Committee meets[photos]
- President Trump delivers closing argument speech at the White House.

Dec. 15
- House-Senate Conference Committee releases report

Dec. 19

- House passes the Tax Cuts and Jobs Act by a vote of 227 to 203, with no Democrats voting for it and twelve Republicans voting against it.  [photo]

Dec. 20
- Senate passes the Tax Cuts and Jobs Act by a vote of 51-48, all Republicans for and all Democrats against. 
- Due to a procedural matter, House revote to approve the bill by a vote of 224 to 201.

Dec. 22
- President Trump signs H.R. 1 into law.

Narrative: In the House, members of the Ways and Means Committee led by Rep. Kevin Brady (R-TX) introduced the "Tax Cuts and Jobs Act," on Nov. 2 promising tax relief to "Americans across the country – especially low- and middle-income Americans" and to "businesses of all sizes" (+).  The committee marked up the legislation from Nov. 6-9 and passed it on a 24-16 party line vote.  Also on Nov. 9 Republicans on the Senate Finance Committee introduced their version of the "Tax Cuts and Jobs Act," noting the legislation "encompasses Republicans’ shared pro-growth, pro-middle-class vision, but offers different approaches on some policy provisions to achieve the unified goal (+)."  Nov. 16 was a big day for the tax reform effort.  The House passed the bill on a vote of 227-205, with no Democrats voting for it (+).  Thirteen Republicans voted against the legislation, which would repeal the deduction for state and local income taxes.  Also, the Senate Finance Committee finished an at times contentious four-day mark up session and passed its version, including a repeal of the Obamacare individual mandate, on a 14-12 party line vote (+).  On Nov. 28 the Senate Budget Committee approved the bill on 12-11 party line vote.  As the measure headed to the full Senate, it was still unclear if Republicans would be able to obtain enough votes, or if critics might manage to peel off the three Republican votes they needed.  They did not.  After more feverish tinkering with the bill on Dec. 2 just before 2 a.m. the Senate voted 51-49 to approve the legislation (+).  All Democrats voted against it as did one Republican, Sen. Bob Corker (TN).  On Dec. 11, the U.S. Treasury final issued an "analysis" of the proposal, which was widely ridiculed (+).  The House-Senate conference committee met on Dec. 13 (+) and produced its report on Dec. 15 (+).  On Dec. 19 the House passed the bill on a 227-203 vote, the  Senate followed early the morning of Dec.  20 on a 51-48 vote, the House did a revote to address technical problems.  President Trump signed the legislation into law on Dec. 22 (+).




U.S. House Ways and Means Committee, Nov. 1, 2017


"The Tax Cuts & Jobs Act changes the course of our nation. Today is the day we empower everyday American families..."  - House Republicans