Update, 4:57 pm: Several provisions in the GOP's sweeping tax bill violate the Senate's procedural rules and will likely need to be removed, according to Senate aides. The House is expected to re-vote on the legislation Wednesday, after the Senate votes Tuesday night.
Majority Leader Mitch McConnell says the Senate will vote on the Republican tax reform plan Tuesday afternoon. The bill, named the Tax Cuts and Jobs Act, passed the House by a vote of 227 to 203 earlier Tuesday. If the Senate votes for the bill, the president is expected to sign it as early as Wednesday. The new tax rates will go into effect next year (2018).
Leader McConnell has made the motion to proceed to the Conference Report to accompany H.R.1, the Tax Cuts and Jobs Act. The Senate is now voting on the motion to proceed.— Senate Cloakroom (@SenateCloakroom) December 19, 2017