On the recordFebruary 11, 2015
Reclaiming my time, I appreciate the gentlelady's interest on this, and I share her concern. I would note, and I know that I would also speak for my colleague, Chairman Shuster, as we did write then-chairman of the Ways and Means Committee, Dave Camp, back in 2012, May 21, I sent a letter to the Ways and Means chair encouraging that this exemption be--loophole--be fixed. As you know, meaningful tax reform did not emerge from the last Congress. I remain absolutely committed to resolving this, as I know Bill Shuster has said so on the Record. Besides that though, it has been years that we have been debating this, and we finally have a bill out of the Senate. They took a whole month on the other side. They considered lots of amendments. They adopted three. We are accepting those three amendments when this bill passes today, as we did not go to conference. As we know, this is a jurisdictional issue, that neither our committee nor Transportation has jurisdiction over tax issues. That is why we were not able to include that provision here, and that is, frankly, why the Senate was not able to adopt it on the Senate side either, because it would have been a blue slip issue. We view this on our side as a procedural issue. We don't want to send it back to the Senate. Who knows when we are going to get it back after the last month that they had. I would urge my colleagues on our side to vote ``no'' on this procedural vote.…





