Todd Simmens, of BDO LLP, has made available for download his article, “THE BUILD BACK BETTER ACT IN A LEGISLATIVE LULL,” published in BDO. The article begins as follows:
2021 was a busy legislative year. A new administration took office. The American Rescue Plan was enacted in March. The Infrastructure Investment and Jobs Act (IIJA) was signed into law in November. The last major piece of legislation the Biden administration sought to enact in 2021 was the Build Back Better Act (BBBA). But in the face of opposition by some moderate Democratic Senators regarding certain policy provisions and its price tag, the BBBA did not make it through the Senate by December 31. With the calendar having turned the page to 2022, what is the future of the BBBA?
Posted by Isabella King, Associate Editor, Wealth Strategies Journal.