Marc Gerson, former majority tax counsel to the U.S. House of Representatives Committee on Ways and Means, discussed the potential for various bills to include the numerous tax provisions considered during the 117th Congress in Tax Notes. In the near term, possibilities include the bill to revitalize the U.S. semiconductor industry and a renewed push to advance the Build Back Better Act (H.R. 5376) (BBBA). Otherwise, a post-election lame duck package or an omnibus spending bill could provide year-end opportunities. While the White House no longer uses the Build Back Better name and hasn't come up with an official new name, the business community would be ill-advised to think the bill won't make a comeback, according to Gerson. "People, I think, need to be really concerned about Build Back Better, even though it's obviously had this real rollercoaster ride so far," Gerson said. Finally, it's easy to imagine so many bipartisan items thrown into what would be a large lame duck package, particularly if BBBA and China competitiveness bill don't pass and another home isn't found for the retirement package." But lame duck bills are, at best, a "dicey proposition," Gerson said. "It's really dependent and hard to predict based on how the election comes out, how many incumbents lose, how mad they are with each other."