Bankruptcy Out of Senate Housing Bill

The controversial bankruptcy provisions appear to be out of the Senate housing bill, The Hill's J. Taylor Rushing reports.

Debate over bankruptcy measures had stalled talks on the issue for weeks, as Rushing reported in Wednesday's paper. Senate sources say that the issue will get an up-or-down vote as an amendment. The base bill will emerge on the chamber floor later this afternoon, they said. Majority Leader Harry ReidHarry ReidOvernight Energy: Dems block energy spending bill for second day Senate GOP hardening stance against emergency funding for Zika Senate Dems block spending bill over Iran amendment — again MORE (D-Nev.) plans to announce the bill's details at 5 p.m.


It's expected to be heavy on tax credits, like the $15,000, three-year credit proposed by Sen. Johnny IsaksonJohnny IsaksonSenate approves new Veterans Affairs watchdog Overnight Regulation: Republicans move to block financial adviser rule Senate Republicans move to block financial adviser rule MORE (R- Ga.), though the credit's exact amount will be revised. Majority Whip Dick DurbinDick DurbinSenators roll out changes to criminal justice bill Let the Democratic veepstakes begin Senate Democrats push climate change bond bill MORE (D-Ill.) had been pushing for the bankruptcy provisions.


A final vote isn't expected until mid-next week.

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