Temporary Highway Funding Law Contains Multiple Provisions Impacting Tax Filings

You've probably heard that Congress passed a short-term bill to keep the nation’s highway trust fund on life support through October of this year.  The House passed H.R. 3236 by a vote of 385-34 on Wednesday and the Senate passed the bill by a vote of 91-4 yesterday. The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 became law when President Obama signed it on July 31, 2015.

What you may not have heard is that this new law contains several tax provisions that will significantly impact tax practitioners. Check out our aricle on TaxPlace providing a summary of these new revenue provisions.

CALT does not provide legal advice. Any information provided on this website is not intended to be a substitute for legal services from a competent professional. CALT's work is supported by fee-based seminars and generous private gifts. Any opinions, findings, conclusions or recommendations expressed in the material contained on this website do not necessarily reflect the views of Iowa State University.

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