The House has passed a fix for the alternative minimum tax to keep it from spreading to more taxpayers next year, as well as a separate bill to provide tax relief to businesses and families affected by natural disasters.
The Senate passed similar legislation on Tuesday, but the House decided to break up the bill into four sections (see Senate Passes Tax Extenders and AMT Patch). The House passed the AMT patch and disaster relief bills on Wednesday, and a bill providing parity for mental health treatment in insurance benefits on Tuesday, but was still working on the tax extenders and clean energy incentives parts of the bill on Thursday.
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