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Sec. 936 tax credits to end in 2006; House FDA reform mark-up postponed until September.

This article was originally published in The Tan Sheet

Executive Summary

SEC. 936 INCOME AND WAGE TAX CREDITS WOULD BE ELIMINATED AFTER 2006 under Congress' conference agreement on the Small Busi-ness Job Protection Act of 1996 (HR 3448). Aiming to send the bill to President Clinton before breaking for August recess, both chambers cleared the measure Aug. 2 -- the House by a 354-72 vote and the Senate by a 76-22 margin.

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