Ways and Means Committee and the bills it addressed on July 7

Ways and Means Committee and the bills it addressed on July 7

The Ways and Means Committee handled H.R.8317, H.R.8319 bills on July 7, according to the US Congress.

Bill H.R.8317 titled “To amend the Internal Revenue Code of 1986 to provide an increased tax credit for combined photovoltaic and thermal technology” was referred to the House Committee on Ways and Means by the House of Representatives. The bill is sponsored by Rep. Gregory Steube.

Bill H.R.8319 titled “To amend the Internal Revenue Code of 1986 to modify the eligible age for the exemption from the retirement plan early withdrawal penalty for public safety officers” was referred to the House Committee on Ways and Means by the House of Representatives. The bill is sponsored by Rep. Mike Thompson with Mike Kelly as cosponsor.

The Ways and Means Committee moves forward in some way on two bills per day.

Most bills have a hearing where those involved explain why they are for or against the bill. Roughly 8,000 bills are addressed by committees each year but only about 800 make it to the floor of Congress, according to ushistory.org.

A 2019 report from the Brookings Institute argued committees aren’t capable of delving fully into the issues they address and are forced to rely on lobbyists.

Bills Addressed by Ways and Means Committee on July 7
Bill NameSponsorAction
To amend the Internal Revenue Code of 1986 to provide an increased tax credit for combined photovoltaic and thermal technology.Rep. Steube, W. GregoryHouse of Representatives
To amend the Internal Revenue Code of 1986 to modify the eligible age for the exemption from the retirement plan early withdrawal penalty for public safety officers.Rep. Thompson, MikeHouse of Representatives