Policy Update: House of Representatives Advances Reconciliation Package

May 22, 2025

On May 22, the House of Representatives passed its comprehensive tax legislation, H.R 1 the “One Big Beautiful Bill Act” by a 215-214-1 vote, following approval by the House Committee on Rules after a day-long committee mark-up. This came after two weeks of intensive individual committee markups across several House committees. Please see the Lewis-Burke’s policy update on the House passage of H.R. 1. for greater detail.