Republican Rep. Dave Camp, chairman of the powerful House Ways and Means Committee, announced he will be retiring at the end of his term.
"This decision was reached after much consideration and discussion with my family," Camp said in a statement. "Serving in Congress is the great honor of my professional life. I am deeply grateful to the people of the 4th Congressional District for placing their trust in me. Over the years, their unwavering support has been a source of strength, purpose, and inspiration."
Camp was first elected to Congress in 1990, and became chairman in 2011 when Republicans retook the House.
But due to committee term limits, this is the last Congress that Camp will be able to serve as the House's lead tax-writer. He spent last year traveling around the country with then-Senate Finance Committee Chairman Max Baucus in their effort to push through tax reform, but that campaign stalled in February when President Obama appointed Baucus as ambassador to China.
Camp went ahead with his own overhaul proposal in March, but that wasn't embraced by House GOP leadership. Camp is an ally of House Speaker John Boehner, who declined to endorse Camp's plan, instead saying the chamber will begin a "conversation" about tax reform. Senate Minority Leader Mitch McConnell said he has "no hope for [reform] happening this year."