Daily Tax Update - July 12, 2016: House Passes 15-Month FAA Reauthorization

House Passes 15-Month FAA Reauthorization:  Yesterday, the House of Representatives passed a 15-month Federal Aviation Administration (FAA) reauthorization, which includes provisions to extend aviation taxes that fund FAA operations.  Despite efforts to include extensions of certain renewable energy tax provisions that were left out of last year's extenders legislation, the House-passed bill does not include them.