In June, the congressional tax-writing committees may hold additional hearings on the economic impact of tax reform. Additionally, a House Ways and Means Committee hearing regarding the impact of tariffs on international tax policy could also be on the horizon given recent trade conflicts with U.S. allies. Ways and Means may also hold a markup of legislation related to health savings accounts near the end of June.
Senate Finance Chairman Orrin Hatch (R-UT) is expected to schedule a third hearing on pension reform over at the Joint Select Committee on Solvency of Multiemployer Pension Plans. Both Hatch and Ways and Means Chairman Kevin Brady (R-TX) have previously expressed interest in advancing legislation this year to boost retirement savings.
On June 12, The Senate Finance Committee will consider the nominations of Patrick J. Urda and Elizabeth Ann Copeland to be judges on the U.S. Tax Court.