JofA articl written
by Alistair M. Nevius, J.D.
The federal government spending bill passed by Congress on Thursday repeals three health care taxes that were originally enacted as part of 2010 health care reform legislation, makes many changes to retirement plan rules, extends several expired tax provisions, provides disaster tax relief, and repeals the provision that taxed exempt organizations when they provided parking to their employees. The Further Consolidated Appropriations Act, 2020, H.R. 1865, passed the House of Representatives on Tuesday by a vote of 297–120 and the Senate on Thursday by a vote of 71–23. It now goes to President Donald Trump for his signature.
- Health care taxes
- Retirement plan changes
- Extenders
- Disaster tax relief
- Parking as UBTI