16 June 2025

The latest Tax Alerts and other content of interest

Senate Finance Committee reconciliation text released; WCEY summary available, EY webcast on Wednesday
Committee Chairman Mike Crapo (R-ID) released legislative text within the Senate Finance Committee's jurisdiction for inclusion in Senate Republicans' budget reconciliation bill on June 16. WCEY has prepared a preliminary summary, available here, of select tax provisions in the proposed Senate version of H.R. 1, the House-passed One Big, Beautiful Bill Act (OBBBA). The summary compares key provisions of the House-passed and Senate versions. Please join us for a webcast on these developments scheduled for Wednesday, June 18, from 4:00-5:00 pm ET. An invitation is forthcoming.

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Document ID: 2025-0002