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The letter is supported by 334 event industry companies from the membership of all three associations and proposes an Event Industry Hibernation Scheme. The scheme proposed would support the survival of businesses and their employees through closure of the industry, allowing it to restart once constraints are relaxed.
Earlier this month the Senate Finance Committee easily passed a tax extenders package out of committee, and Senate Majority Leader Harry Reid (D-NV) has promised to bring the package to a vote when the Senate returns later this month. If Ryan takes the gavel, it is uncertain how much his view of tax reform may align with Camp’s proposal.
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