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by Brownstein Hyatt Farber Schreck, LLP
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Ways and Means Chair Jason Smith’s Potential Legislative Agenda
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Following two rounds of votes, the House Republican Steering Committee elected Rep. Jason Smith (R-MO) to serve as the chair of the House Ways and Means Committee for the 118th Congress. Smith has served on the committee since 2015 and was also the ranking member of the House Budget Committee in the 117th Congress. On the Democratic side, Rep. Richard Neal (D-MA) will serve as ranking member. In the last few weeks, both Smith and Neal have publicly expressed their interest in pursuing bipartisan tax legislation through the committee.
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Earlier this month, Smith announced the 10 Republicans who were selected by the Republican Steering Committee to join the Ways and Means Committee: Reps. Claudia Tenney (R-NY), Michelle Steel (R-CA), Mike Carey (R-OH), Blake Moore (R-UT), Brian Fitzpatrick (R-PA), Beth Van Duyne (R-TX), Randy Feenstra (R-IA), Michelle Fischbach (R-MN), Greg Steube (R-FL) and Nicole Malliotakis (R-NY). This roster was largely expected and includes a mixture of tax experts and former small-business owners. With these new additions, Republicans will have 25 total members on the committee.
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With Republicans taking over the committee, Democrats lost seven committee slots, bringing their total membership down to 18. Former committee members Reps. Ron Kind (D-WI), Tom Suozzi (D-NY) and Stephanie Murphy (D-FL) did not run for reelection in 2022. Additionally, Rep. Brendan Boyle (D-PA) chose to take a leave of absence from the committee following his election to serve as the top Democrat on the House Budget Committee. This means that the three members with the least seniority on the committee, Reps. Jimmy Gomez (D-CA), Steven Horsford (D-NV) and Del. Stacy Plaskett (D-VI), will no longer have seats on the committee.
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Congress is back in session until mid-February, with lawmakers expected to gather soon for the first meetings of the newly formed House committees.
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Our thanks to Brownstein Hyatt Farber Schreck, LLP.
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About Brownstein Hyatt Farber Schreck, LLP
Brownstein Hyatt Farber Schreck is a unique law firm. Walk into any of our offices and you’ll immediately recognize a different type of energy. Complacency doesn’t have a place here. Flexibility and inspiration do. Our culture and enthusiasm allow our attorneys, policy consultants and legal staff to stay ahead of our clients’ needs and provide them with the resources they require to meet their business objectives.
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Upcoming Events
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Sign-Up For New Podcast: "Voice of Family Business on Capitol Hill" with host Pat Soldano.
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Join our growing family of podcast listeners by clicking on the links below to our new podcast, "The Voice of Family Business on Capitol," where each episode delves into the major issues facing family businesses and family business centers today. Subscribe by clicking on these links, or wherever you get your podcasts.
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About Policy and Taxation Group
Policy and Taxation Group is your voice in Washington on economic freedom. We advocate for policies that allow American families to fully enjoy the economic liberties and benefits of a robust free market unique to our nation. For over 25 years, we have been the loudest voice in the nation’s capital on eliminating the death tax. This ill-conceived tax has a destructive impact on families, family businesses, job creation, and the national economy.
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