WASHINGTON — Incentives for clean energy and a tax break for companies’ research and development appear to be off the table for legislation moving this summer, raising the stakes for a potential year-end tax bill after the dust settles on the midterm elections.
“I think there’s a commitment that we’re going to have to have some tax legislation before the year’s out,” said Rep. Dan Kildee, D-Mich., a member of the Ways and Means Committee.
The panel’s top Republican, Rep. Kevin Brady of Texas, said he’s expecting his staff will begin working with the committee’s Democratic aides over August recess and into September on a potential package.
