On February 9, Congress passed and President Trump signed into law the Bipartisan Budget Act (BBA) of 2018. While the main aim of the legislation was avoiding a government shutdown by increasing government spending limits and raising the debt ceiling, the BBA contains a large number of tax provisions, including special tax relief in response to the wildfires and hurricanes in 2017, the extension of energy tax incentive programs, modifications of certain provisions of the Tax Cuts and Jobs Act (TCJA) of 2017, and the retroactive extension to 2017 of a range of tax incentives that had expired on December 31, 2016.
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