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NEWS

FROM THE COMMITTEE ON WAYS AND MEANS

FOR IMMEDIATE RELEASE
Contact: Mark Gundersen (202) 225-8933
Wednesday, May 16, 2001 

House Passes Reconciliation Bill

Economic Growth and Tax Relief Reconciliation Act Passes Congress by 230-197 Vote

WASHINGTON - The House of Representatives today passed the Economic Growth and Tax Relief Reconciliation Act of 2001, a plan giving Americans who pay income taxes real relief as early as this year. The bill passed by a vote of 230 to 197 with 13 Democrats voting in favor of the plan.

This bill is identical to H.R. 3, originally passed by the House on March 8th, with the exception of the term "Reconciliation" added to the title and the new designation of the H.R.1836 number. This change took place in order to initiate the reconciliation process.

"Today, the House of Representatives reaffirmed its commitment to passing a responsible permanent marginal rate reduction. I am pleased we are moving forward to conference with the Senate so we can quickly approve the tax relief plan and provide assistance to American taxpayers," said Chairman Thomas.


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