While all signs point to the fact that, given the current makeup of the House and Senate, the Build Back Better bill on the table last fall is essentially lifeless, some of the policies contained in the bill may be back in play in 2022.
Build Back Better Act
In the face of opposition from moderate Democratic Senators, the Build Back Better Act did not pass in 2021; what is the future of the BBBA?
The House passes Build Back Better Act – a $1.9 trillion bill to address Biden’s human infrastructure priorities.
A third version of the Build Back Better Act was released last week, which increases the state and local tax deduction, brings back many of the retirement proposals from the original 9/13 draft of the Act, and retains the surcharge on high-income individuals, estates and trusts from the 10/28 version.