September 6, 2018 / 5:32 PM / 9 months ago

U.S. House could vote on new tax bill before Oct. 1 -panel chairman

WASHINGTON, Sept 6 (Reuters) - The chairman of the U.S. House of Representatives committee charged with drafting the next chapter of tax legislation, informally called “tax reform 2.0” said on Thursday that he would release a draft of the bill next week and he expects a full chamber vote on it by Oct. 1.

“We expect to go to a markup next week on 2.0 and we’ll be releasing the text before that,” Ways and Means Committee Chairman Kevin Brady told reporters. “We expect that to come to the House floor before September is out.”

During a “markup,” a committee puts the finishing touches on a bill and approves sending it to the full House to consider. (Reporting by Lisa Lambert; Editing by David Gregorio)

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