Press Releases

Today, the House passed the Protecting Americans from Tax Hikes (PATH) Act by a bipartisan vote of 318-109. The PATH Act would extend numerous temporary tax provisions and make over 20 tax relief provisions permanent, including the Research and Development Tax Credit, Section 179 small business expensing, and several extenders that enhance charitable giving, such as the IRA charitable rollover provision. Following its passage, Congressman French Hill (AR-2) released the below statement:

“We need a tax code that promotes economic growth and gives our businesses the certainty needed to grow, expand, and create jobs in Arkansas and throughout the country. Consistent with the goal of comprehensive tax reform, the House passed the PATH Act, which would prevent a significant tax increase on millions of Americans and provide certainty to the tax code. I was proud to support this bipartisan, pro-growth bill that is an important first step toward meaningful tax reform. I have always been an advocate for lower taxes for all Arkansans and Americans, and I will continue working toward a simpler and fairer tax code.”