PublicationsInsights on Current Policy Issues

  • April 19, 2017

    By Frank Vlossak

    On April 13, the Environmental Protection Agency (EPA) published a notice in the Federal Register soliciting public comments “on regulations that may be appropriate for repeal, replacement, or modification.” The notice is part of the EPA’s efforts to implement the Executive Order titled “Enforcing the Regulatory Reform Agenda” (E.O. 13777), which was signed by President Trump on February 24, 2017. The deadline for submitting public comments is May 15, 2017. EPA offices will also be conducting public forums on regulatory reform over the next four weeks. The Executive Order establishes mechanisms intended to reduce regulations, including by implementing the President’s January 30, 2017 Executive Order (E.O. 13771) which calls for agencies to eliminate two regulations for each new regulation they promulgate.

     

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  • April 12, 2017

    By Frank Vlossak

    Congress enacted the “Congressional Review Act” (CRA) as part of the “Contract with America Advancement Act” (P.L. 104-121) in 1996 and it is codified at 5 U.S.C. 801-808. The CRA established an expedited process for Congress to repeal recently promulgated regulations through passage of joint resolutions signed into law by the President. As of April 7, the President has signed eleven CRA resolutions into law. The House and Senate have passed two more, which the President is expected to sign. Activity on CRA resolutions will begin to wind down as the statutory cut-off for action on resolutions to repeal final rules issued during the 114th Congress is expected to occur no later than early May.

     

    Read...

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  • April 3, 2017

    By Frank Vlossak

    On March 28, 2017, President Trump signed an Executive Order directing a number of actions to repeal or revise Obama Administration policies targeting greenhouse gas (GHG) emissions and climate change. It also requires federal departments and agencies to “review existing regulations that potentially burden the development or use of domestically produced energy resources and appropriately suspend, revise, or rescind those that unduly burden the development of domestic energy resources.” The “Promoting Energy Independence and Economic Growth” Executive Order (E.O. 13783) was published in the Federal Register on March 31.

     

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The House will consider H.R. 1219 – Supporting America’s Innovators Act of 2017.  The Senate will resume consideration of the nomination of Neil Gorsuch to be a member of the Supreme Court.

House

 

Yesterday

  • Summary of Legislative Business:
    • Ordering the Previous Question on H. Res. 242 — "The Rule providing for consideration of the bill H.R. 1219 - Supporting America’s Innovators Act of 2017."– ADOPTED 231 - 182, ROLL CALL 217
      • Republican YEA – 231; NAY - 1
      • Democrat YEA – 0; NAY – 181
    • H. Res. 242 — "The Rule providing for consideration of the bill H.R. 1219 - Supporting America’s Innovators Act of 2017."
      • – ADOPTED 240 - 181, ROLL CALL 218
        • Republican YEA – 234; NAY - 0
        • Democrat YEA – 6; NAY – 181
    • H.R. 1667 – “Financial Institution Bankruptcy Act of 2017.”
      • – ON THE MOTION TO SUSPEND THE RULES AND PASS THE BILL - PASSED BY VOICE
    • S. 544 – “To amend the Veterans Access, Choice, and Accountability Act of 2014 to modify the termination date for the Veterans Choice Program, and for other purposes.”
      • – ON THE MOTION TO SUSPEND THE RULES AND PASS THE BILL - PASSED BY VOICE
    • MOTION TO TABLE THE APPEAL OF THE RULING OF THE CHAIR – ADOPTED 228 – 185 - 2, ROLL CALL 219
      • Republican YEA – 228; NAY – 1
      • Democrat YEA – 0; NAY – 184
    • H.R. 1304 – “Self-Insurance Protection Act.” – PASSED 400 - 16, ROLL CALL 220
      • Republican YEA – 230; NAY – 0
      • Democrat YEA – 170; NAY – 16

 

Today

  • On Thursday, the House will meet at 9:00 a.m. for legislative business. First and last votes expected: 10:15 a.m. – 11:15 a.m.
  • H.R. 1219 – Supporting America’s Innovators Act of 2017, Rules Committee Print (Closed Rule, One Hour of Debate) (Sponsored by Rep. Patrick McHenry / Financial Services Committee)

 

Senate

 

Yesterday

 

  • Legislative Business
    • Adopted S.Res.117, designating the week of April 15, 2017, through April 23, 2017, as “National Park Week”.
    • Adopted S.Res.118, condemning hate crime and any other form of racism, religious or ethnic bias, discrimination, incitement to violence, or animus targeting a minority in the United States.
    • Began the Rule 14 process to place on the Legislative Calendar of Business the following bills, en bloc:
      • 861,Federal Employee Fair Treatment Act of 2017 (Cardin)
      • R.1301, Department of Defense Appropriations, FY2017

 

Today

  • The Senate stands in recess until 10:00am on Thursday, April 6, 2017.
  • Following Leader remarks, the Senate will resume consideration of the nomination of Neil Gorsuch, with the time following Leader remarks until 11:00am equally divided.
  • At 11:00am, the cloture motion with respect to the Gorsuch nomination will ripen and the Senate will vote on the motion to invoke cloture. Senators should expect a series of roll call votes at this time.

 

Hearings Covered by W&J Today

 

House Financial Services Committee
“Examination of the Federal Financial Regulatory System and Opportunities for Reform”

Senate Commerce
“FAA Reauthorization”

MedPAC

 

Notable Legislation Introduced

 

Financial Services

H.R.1964 — 115th Congress (2017-2018)
To preserve competition among mortgage lenders, provide relief from unnecessary regulatory requirements on responsible community mortgage lenders, and for other purposes.
Sponsor: Rep. Williams, Roger [R-TX-25] (Introduced 04/05/2017) Cosponsors: (0)
Committees: House - Financial Services
Latest Action: 04/05/2017 Referred to the House Committee on Financial Services.

H.R.1958 — 115th Congress (2017-2018)
To amend the Truth in Lending Act to include retrofit loans such as property assessed clean energy loans, and for other purposes.
Sponsor: Rep. Sherman, Brad [D-CA-30] (Introduced 04/05/2017) Cosponsors: (1)
Committees: House - Financial Services
Latest Action: 04/05/2017 Referred to the House Committee on Financial Services.

H.R.1948 — 115th Congress (2017-2018)
To raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes.
Sponsor: Rep. Love, Mia B. [R-UT-4] (Introduced 04/05/2017) Cosponsors: (1)
Committees: House - Financial Services
Latest Action: 04/05/2017 Referred to the House Committee on Financial Services.

H.R.1940 — 115th Congress (2017-2018)
To allow homeowners of moderate-value homes who are subject to mortgage foreclosure proceedings to remain in their homes as renters.
Sponsor: Rep. Grijalva, Raul M. [D-AZ-3] (Introduced 04/05/2017) Cosponsors: (11)
Committees: House - Financial Services
Latest Action: 04/05/2017 Referred to the House Committee on Financial Services.

H.R.1929 — 115th Congress (2017-2018)
To increase the maximum amount of increased cost of compliance coverage available under the National Flood Insurance Program, and for other purposes.
Sponsor: Rep. Crist, Charlie [D-FL-13] (Introduced 04/05/2017) Cosponsors: (0)
Committees: House - Financial Services
Latest Action: 04/05/2017 Referred to the House Committee on Financial Services

H.R.1918 — 115th Congress (2017-2018)
To oppose loans at international financial institutions for the Government of Nicaragua unless the Government of Nicaragua is taking effective steps to hold free, fair, and transparent elections, and for other purposes.
Sponsor: Rep. Ros-Lehtinen, Ileana [R-FL-27] (Introduced 04/05/2017) Cosponsors: (24)
Committees: House - Foreign Affairs, Financial Services
Latest Action: 04/05/2017 Referred to House Financial Services

S.838 — 115th Congress (2017-2018)
A bill to amend the Truth in Lending Act to include retrofit loans such as property assessed clean energy loans, and for other purposes.
Sponsor: Sen. Cotton, Tom [R-AR] (Introduced 04/05/2017) Cosponsors: (2)
Committees: Senate - Banking, Housing, and Urban Affairs
Latest Action: 04/05/2017 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs

S.836 — 115th Congress (2017-2018)
A bill to amend the Federal Credit Union Act to exclude a loan secured by a non-owner occupied 1- to 4-family dwelling from the definition of a member business loan, and for other purposes.
Sponsor: Sen. Wyden, Ron [D-OR] (Introduced 04/05/2017) Cosponsors: (3)
Committees: Senate - Banking, Housing, and Urban Affairs
Latest Action: 04/05/2017 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs

S.828 — 115th Congress (2017-2018)
A bill to amend the Federal Deposit Insurance Act to require the appropriate Federal banking agencies to treat certain municipal obligations as level 2B liquid assets, and for other purposes.
Sponsor: Sen. Rounds, Mike [R-SD] (Introduced 04/05/2017) Cosponsors: (10)
Committees: Senate - Banking, Housing, and Urban Affairs
Latest Action: 04/05/2017 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 

Health

H.R.1955 — 115th Congress (2017-2018)
To amend title XVIII of the Social Security Act to make permanent the extension of the Medicare-dependent hospital (MDH) program and the increased payments under the Medicare low-volume hospital program.
Sponsor: Rep. Reed, Tom [R-NY-23] (Introduced 04/05/2017) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: 04/05/2017 Referred to the House Committee on Ways and Means.

H.R.1946 — 115th Congress (2017-2018)
To amend the Public Health Service Act to require reporting by the National Institutes of Health on requests for funding research that were not granted and had the greatest potential for improving public health, and for other purposes.
Sponsor: Rep. Lewis, John [D-GA-5] (Introduced 04/05/2017) Cosponsors: (0)
Committees: House - Energy and Commerce
Latest Action: 04/05/2017 Referred to the House Committee on Energy and Commerce.

H.R.1939 — 115th Congress (2017-2018)
To amend title XVIII of the Social Security Act to ensure equal access of Medicare beneficiaries to community pharmacies in underserved areas as network pharmacies under Medicare prescription drug coverage, and for other purposes.
Sponsor: Rep. Griffith, H. Morgan [R-VA-9] (Introduced 04/05/2017) Cosponsors: (1)
Committees: House - Energy and Commerce, Ways and Means
Latest Action: 04/05/2017 Referred to House Ways and Means

H.R.1933 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to allow individuals to receive a premium assistance credit for insurance not purchased on an Exchange, and for other purposes.
Sponsor: Rep. Duncan, John J., Jr. [R-TN-2] (Introduced 04/05/2017) Cosponsors: (6)
Committees: House - Ways and Means, Energy and Commerce
Latest Action: 04/05/2017 Referred to House Energy and Commerce

H.R.1920 — 115th Congress (2017-2018)
To amend part B of title XVIII of the Social Security Act to exclude customary prompt pay discounts from manufacturers to wholesalers from the average sales price for drugs and biologicals under Medicare, and for other purposes.
Sponsor: Rep. Upton, Fred [R-MI-6] (Introduced 04/05/2017) Cosponsors: (4)
Committees: House - Energy and Commerce, Ways and Means
Latest Action: 04/05/2017 Referred to House Ways and Means

 

Tax

H.R.1962 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to protect older, longer service and grandfathered participants in defined benefit plans.
Sponsor: Rep. Tiberi, Patrick J. [R-OH-12] (Introduced 04/05/2017) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: 04/05/2017 Referred to the House Committee on Ways and Means

H.R.1932 — 115th Congress (2017-2018)
To end offshore corporate tax avoidance, and for other purposes.
Sponsor: Rep. Doggett, Lloyd [D-TX-35] (Introduced 04/05/2017) Cosponsors: (56)
Committees: House - Ways and Means, Financial Services
Latest Action: 04/05/2017 Referred to House Financial Services

H.R.1931 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to discourage corporate inversions and to impose tax on unrepatriated earnings and unrecognized gains in connection with corporate expatriations.
Sponsor: Rep. Doggett, Lloyd [D-TX-35] (Introduced 04/05/2017) Cosponsors: (46)
Committees: House - Ways and Means
Latest Action: 04/05/2017 Referred to the House Committee on Ways and Means

S.852 — 115th Congress (2017-2018)
A bill to amend the Internal Revenue Code of 1986 to protect older, longer service and grandfathered participants in defined benefit plans.
Sponsor: Sen. Cardin, Benjamin L. [D-MD] (Introduced 04/05/2017) Cosponsors: (1)
Committees: Senate - Finance
Latest Action: 04/05/2017 Read twice and referred to the Committee on Finance.

S.851 — 115th Congress (2017-2018)
A bill to end offshore corporate tax avoidance, and for other purposes.
Sponsor: Sen. Whitehouse, Sheldon [D-RI] (Introduced 04/05/2017) Cosponsors: (0)
Committees: Senate - Finance
Latest Action: 04/05/2017 Read twice and referred to the Committee on Finance

PublicationsInsights on Current Policy Issues

  • April 19, 2017

    By Frank Vlossak

    On April 13, the Environmental Protection Agency (EPA) published a notice in the Federal Register soliciting public comments “on regulations that may be appropriate for repeal, replacement, or modification.” The notice is part of the EPA’s efforts to implement the Executive Order titled “Enforcing the Regulatory Reform Agenda” (E.O. 13777), which was signed by President Trump on February 24, 2017. The deadline for submitting public comments is May 15, 2017. EPA offices will also be conducting public forums on regulatory reform over the next four weeks. The Executive Order establishes mechanisms intended to reduce regulations, including by implementing the President’s January 30, 2017 Executive Order (E.O. 13771) which calls for agencies to eliminate two regulations for each new regulation they promulgate.

     

    Read...

    Read More
  • April 12, 2017

    By Frank Vlossak

    Congress enacted the “Congressional Review Act” (CRA) as part of the “Contract with America Advancement Act” (P.L. 104-121) in 1996 and it is codified at 5 U.S.C. 801-808. The CRA established an expedited process for Congress to repeal recently promulgated regulations through passage of joint resolutions signed into law by the President. As of April 7, the President has signed eleven CRA resolutions into law. The House and Senate have passed two more, which the President is expected to sign. Activity on CRA resolutions will begin to wind down as the statutory cut-off for action on resolutions to repeal final rules issued during the 114th Congress is expected to occur no later than early May.

     

    Read...

    Read More
  • April 3, 2017

    By Frank Vlossak

    On March 28, 2017, President Trump signed an Executive Order directing a number of actions to repeal or revise Obama Administration policies targeting greenhouse gas (GHG) emissions and climate change. It also requires federal departments and agencies to “review existing regulations that potentially burden the development or use of domestically produced energy resources and appropriately suspend, revise, or rescind those that unduly burden the development of domestic energy resources.” The “Promoting Energy Independence and Economic Growth” Executive Order (E.O. 13783) was published in the Federal Register on March 31.

     

    Read...

    Read More

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