Legislative update: JCT “Bluebook” describing enacted tax legislation

JCT “Bluebook” describing enacted tax legislation

The Joint Committee on Taxation (JCT) today released the “Bluebook”—the General Explanation of Tax Legislation Enacted in the 113th Congress, JCS-1-15 (March 2015).

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The JCT Bluebook [PDF 981 KB] provides an explanation of tax legislation enacted in the 113th Congress, with the explanation following the chronological order of the tax legislation as signed into law.

For each provision, the Bluebook includes a description of present law, explanation of the provision, and effective date.

  • Present law describes the law in effect immediately prior to enactment and does not reflect changes to the law made by the provision or by subsequent legislation.
  • Reasons for change are included based on committee report language for provisions reported by a committee.
  • For provisions enacted in bills that went directly to the House and Senate floors without a committee report, no reasons for change are included in this document.

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