WASHINGTON — A bipartisan Senate package to revive dozens of expiring or expired tax breaks, including several municipal bond provisions, would cost $205.1 billion over 10 years, according to an analysis from the Joint Committee on Taxation.

The Senate Finance Committee marked up the measure, the Family and Business Tax Cut Certainty Act of 2012, on Thursday. The proposal was crafted by committee chairman Max Baucus, D-Mont., and ranking member Sen. Orrin Hatch, R-Utah, in a rare sign of bipartisanship.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.