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ARTICLE · 15 NOVEMBER 2021

US House Rules Committee Modifies The "Build Back Better Act"

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In less than a week, the Rules Committee of the US House of Representatives (the "Rules Committee") released two versions of modified legislative text of H.R. 5376, the Build Back Better Act.

United StatesTax

In less than a week, the Rules Committee of the US House of Representatives (the "Rules Committee") released two versions of modified legislative text of H.R. 5376, the Build Back Better Act. The first version was released on October 28, 2021, and a subsequent version (the "Bill") was released on November 3, 2021.1 In connection with the release of the Bill on November 3, 2021, House Speaker Nancy Pelosi noted that it had been her intent to have a Rules Committee hearing on the Build Back Better Act on Monday, November 1, 2021, but that additional comments and changes continued to come in, which necessitated the second release of the Bill.

The Bill covers a wide range of green energy tax incentives and makes significant changes to a prior version of the Bill that was approved by the House Ways and Means Committee on September 15, 2021 (the "Prior Bill").2 The Bill must be approved by the Rules Committee before it will come to a vote in the full House of

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