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Hice Applauds Passage of PATH Act of 2015

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Washington, December 17, 2015 | comments

WASHINGTON D.C. – Today, the United States House of Representatives passed H.R. 2029, the Protecting Americans from Tax Hikes (PATH) Act of 2015. This includes a package of tax extensions and provisions that prevent $622 billion in tax increases, fosters small business investment, and benefits consumers and the American business community. Congressman Jody Hice issued the following statement after the measure passed:

“With the passage of the PATH Act of 2015, I am confident that American entrepreneurs and manufacturers will be empowered to get back to what they do best, and that’s getting down to business. The PATH Act permanently guarantees tax extensions for research and development, which will foster long-term innovation and economic growth for American entrepreneurs and the business community. Additionally, with the extension of Section 179, small business owners are afforded more predictability, and this will provide certainty in challenging economic times to America’s job creators. Lastly, I am very encouraged that this commonsense legislation prevents the medical community from suffering from the disastrous effects of the Obamacare Medical Device tax for an additional two years.”

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