Build Back Better Act: Tax Policy Summary and Analysis 
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Build Back Better Act: Tax Policy Summary and Analysis 

Brownstein Client Alert, November 12, 2021

On Nov. 3, the House Rules Committee released updated text for the Build Back Better Act, the budget reconciliation bill, which contains President Joe Biden’s human infrastructure and green energy priorities. This latest draft contains multiple changes to the various sections approved by House committees in mid-September and to an earlier version of the bill released on Oct. 28. 

In the wake of the Democrats’ loss in the Virginia governor’s race, party leadership is forging ahead on trying to pass both parts of the president’s economic agenda. With House passage of the Infrastructure Investment and Jobs Act, 228-206, on Nov. 5, the bill now heads to the president for his signature. 

Neither chamber has yet passed the Build Back Better Act and the timeline for passage is uncertain. Moderate Democrats continue to push for a full Congressional Budget Office (CBO) score and more time to better understand various sections of the bill, thereby further delaying House passage. As of this writing, a House floor vote could occur as early as this week, though the release of the CBO score will likely determine timing. It is unclear when the Senate will consider the bill. 

Click here to view the full Brownstein Tax Policy Team summary and analysis.

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