The U.S. Senate passed a $42 billion package of tax incentives after a 76-16 vote. The package revives dozens of lapsed 2014 tax breaks and sets them to expire in two weeks. The House passed the measure by a 378-46 vote on December 3. The bill now awaits the President's signature.
The package includes provisions for higher capital writeoff limits for small businesses and the research tax credit for companies.