Newspaper article THE JOURNAL RECORD

Senate Corrects over 250 Errors in Tax-Overhaul Bill / Awaiting Reagan's Signature

Newspaper article THE JOURNAL RECORD

Senate Corrects over 250 Errors in Tax-Overhaul Bill / Awaiting Reagan's Signature

Article excerpt

WASHINGTON (AP) - The Senate voted Thursday to correct more than 250 errors in the landmark tax-overhaul bill that is awaiting President Reagan's signature, but it could not resist adding about $50 million worth of new tax breaks for selected projects and businesses.

The ""enrollment resolution'' was approved by voice vote. However, because of the Senate amendments, it will have to be considered again by the House and there is no assurance that will happen during the closing days of the 99th Congress.

Reagan, who has championed the issue of tax reform for over a year, will sign the bill whether or not the corrections are made, although the White House has not announced a date for the ceremonies.But congressional leaders want the changes made before the signing to avoid delaying various construction projects affected by the measure.

Sen. Bob Packwood, R-Ore., chairman of the Finance Committee, said projects in 38 states, ranging from sewage-treatment plants to college stadiums, could face delays unless the corrections were made.

The House originated the enrollment resolution when it passed the huge tax bill last month. But instead of just correcting the mistakes made when the bill was typed, the House tacked on several substantive provisions.

For example, the House directed that the just-passed tax bill be amended to repeal a 1981 tax break for state legislators. It agreed to broaden a relief provision benefiting insurance companies.

The Senate passed the bill two days later, on Sept. 27. But faced with the threat from several senators to try to add some pet projects to the enrollment resolution, Packwood decided to wait until closer to the end of the session to try to dissuade those senators.

In the end, several senators decided against offering their amendments. For example, Sen. John Melcher, D-Mont., agreed not to offer his proposal to allow farmers to continue using a device known as income averaging to reduce their taxes. The tax bill repeals that benefit for all taxpayers. …

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