A draft bill on tax code overhaul could be released in December or January by House Ways and Means Committee Chairman Dave Camp, R-Mich., according to an aide. The timeline was suggested during a conference call Monday, after the lawmaker asked members of the Coalition for Fair Effective Tax Rates and the S Corporation Association to help in the "next phase" of tax reform. Meanwhile, Senate Finance Committee Chairman Max Baucus, D-Mont., will likely move forward this week with drafts on international tax law and possibly other areas of the code, this article says.

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