Today’s Daily Update


House

Yesterday:

  • Under suspension of the rules, the House approved two securities measures designed to help small businesses, the “Small Company Capital Formation Act of 2011” (H.R. 1070) and a bill to “amend the securities laws to establish certain thresholds for shareholder registration” (H.R. 1965).

Today:

  • The House will consider the “Access to Capital for Job Creators Act” (H.R. 2940).

 

Senate

Yesterday:

  • The Senate considered the motion to proceed to the “Rebuild America Jobs Act” (S. 1769).


Today:

  • The Senate will hold a vote on the motion to proceed to the “Rebuild America Jobs Act” (S. 1769). If the vote fails, the Senate will vote on the motion to proceed to the “Long-term Surface Transportation Extension Act” (S. 1786).

 

Hearings Covered by W&J Today

National Journal Policy Summit
“Leading Tax Proposals to Encourage Capital Investment in the Economy”
8:30 a.m.
Newseum Knight Conference Center, 7th Floor, 555 Pennsylvania Ave. NW

Senate Homeland Security and Government Affairs Committee
“Excessive Speculation and Compliance with the Dodd-Frank Act”
9:00 a.m.
342 Dirksen

House Financial Services Committee
“Mortgage Market Reform”
10:00 a.m.
2128 Rayburn

 

Senate Banking Committee

“Empowering and Protecting Service Members, their Families and Veterans in the Consumer Financial Marketplace”
10:00 a.m.
538 Dirksen

 

House Small Business Committee
“Pro-Growth Tax Policy: Why Small Businesses Need Individual Tax Reform”
10:00 a.m.
2360 Rayburn

House Education and the Workforce
“Examining Regulatory and Enforcement Actions Under the Fair Labor Standards Act”
10:00 a.m.
2174 Rayburn

Notable Legislation Introduced Yesterday

Energy

H.R.3307 : To amend the Internal Revenue Code of 1986 to extend the renewable energy credit.
Sponsor: Rep Reichert, David G. [WA-8] (introduced 11/2/2011) Cosponsors (10)
Committees: House Ways and Means
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Ways and Means.

 

H.R.3308 : To amend the Internal Revenue Code of 1986 to terminate certain energy tax subsidies and lower the corporate income tax rate.
Sponsor: Rep Pompeo, Mike [KS-4] (introduced 11/2/2011) Cosponsors (3)
Committees: House Ways and Means; House Energy and Commerce
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 

H.R.3331 : To require an accounting for financial support made to promote the production or use of renewable energy, and for other purposes.
Sponsor: Rep Sensenbrenner, F. James, Jr. [WI-5] (introduced 11/2/2011) Cosponsors (None)
Committees: House Energy and Commerce; House Science, Space, and Technology
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the Committee on Energy and Commerce, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Financial Services

H.R.3313 : To amend the Internal Revenue Code of 1986 to impose a tax on certain trading transactions.
Sponsor: Rep DeFazio, Peter A. [OR-4] (introduced 11/2/2011) Cosponsors (12)
Committees: House Ways and Means
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Ways and Means.

H.R.3330 : To amend title 38, United States Code, to extend the Department of Veterans Affairs demonstration projects on adjustable rate mortgages and hybrid adjustable rate mortgages.
Sponsor: Rep Sanchez, Linda T. [CA-39] (introduced 11/2/2011) Cosponsors (2)
Committees: House Veterans’ Affairs
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Veterans’ Affairs.

S.1787 : A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain trading transactions.
Sponsor: Sen Harkin, Tom [IA] (introduced 11/2/2011) Cosponsors (2)
Committees: Senate Finance
Latest Major Action: 11/2/2011 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.

S.1791 : A bill to amend the securities laws to provide for registration exemptions for certain crowdfunded securities, and for other purposes.
Sponsor: Sen Brown, Scott P. [MA] (introduced 11/2/2011) Cosponsors (None)
Committees: Senate Banking, Housing, and Urban Affairs
Latest Major Action: 11/2/2011 Referred to Senate committee.
Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 

Health

H.R.3314 : To direct the Secretary of Health and Human Services to develop a national strategic action plan to assist health professionals in preparing for and responding to the public health effects of climate change, and for other purposes.
Sponsor: Rep Capps, Lois [CA-23] (introduced 11/2/2011) Cosponsors (2)
Committees: House Energy and Commerce
Latest Major Action: 11/2/2011 Referred to House committee. Status: Referred to the House Committee on Energy and Commerce.

H.R.3315 : To establish a pilot program providing for monthly fee-based payments for direct primary care medical homes for Medicare-Medicaid dual eligibles and other Medicare beneficiaries.
Sponsor: Rep Cassidy, Bill [LA-6] (introduced 11/2/2011) Cosponsors (None)
Committees: House Energy and Commerce; House Ways and Means
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

H.R.3324 : To provide for the reduction of unintended pregnancy and sexually transmitted infections, including HIV, and the promotion of healthy relationships, and for other purposes.
Sponsor: Rep Lee, Barbara [CA-9] (introduced 11/2/2011) Cosponsors (26)
Committees: House Energy and Commerce; House Education and the Workforce
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the Committee on Energy and Commerce, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

H.R.3326 : To enable States to opt out of the Medicaid expansion-related provisions of the Patient Protection and Affordable Care Act.
Sponsor: Rep Quayle, Benjamin [AZ-3] (introduced 11/2/2011) Cosponsors (1)
Committees: House Energy and Commerce
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Energy and Commerce.

H.R.3328 : To amend title XVIII of the Social Security Act to provide a six-month grace period for certain Medicare advanced diagnostic imaging services suppliers to receive accreditation.
Sponsor: Rep Renacci, James B. [OH-16] (introduced 11/2/2011) Cosponsors (1)
Committees: House Energy and Commerce; House Ways and Means
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

S.1782 : A bill to provide for the reduction in unintended pregnancy and sexually transmitted infections, including HIV, and the promotion of healthy relationships, and for other purposes.
Sponsor: Sen Lautenberg, Frank R. [NJ] (introduced 11/2/2011) Cosponsors (6)
Committees: Senate Health, Education, Labor, and Pensions
Latest Major Action: 11/2/2011 Referred to Senate committee.
Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 

Job Creation

S.1786 : A bill to facilitate job creation by reducing regulatory uncertainty, providing for rational evaluation of regulations, providing flexibilities to States and localities, providing for infrastructure spending, and for other purposes.
Sponsor: Sen Hatch, Orrin G. [UT] (introduced 11/2/2011) Cosponsors (None)
Latest Major Action: 11/2/2011 Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 214.

Postal Service

S.1789 : 21st Century Postal Service Act of 2011
Sponsor: Sen Lieberman, Joseph I. [CT] (introduced 11/2/2011) Cosponsors (3)
Committees: Senate Homeland Security and Governmental Affairs
Latest Major Action: 11/2/2011 Referred to Senate committee.
Status: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Telecom

H.R.3309 : To amend the Communications Act of 1934 to provide for greater transparency and efficiency in the procedures followed by the Federal Communications Commission.
Sponsor: Rep Walden, Greg [OR-2] (introduced 11/2/2011) Cosponsors (1)
Committees: House Energy and Commerce
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Energy and Commerce.

H.R.3310 : To amend the Communications Act of 1934 to consolidate the reporting obligations of the Federal Communications Commission in order to improve congressional oversight and reduce reporting burdens.
Sponsor: Rep Scalise, Steve [LA-1] (introduced 11/2/2011) Cosponsors (1)
Committees: House Energy and Commerce
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Energy and Commerce.

S.1780 : A bill to amend the Communications Act of 1934 to consolidate the reporting obligations of the Federal Communications Commission in order to improve congressional oversight and reduce reporting burdens.
Sponsor: Sen Heller, Dean [NV] (introduced 11/2/2011) Cosponsors (None)
Committees: Senate Commerce, Science, and Transportation
Latest Major Action: 11/2/2011 Referred to Senate committee.
Status: Read twice and referred to the Committee on Commerce, Science, and Transportation.

S.1784 : A bill to amend the Communications Act of 1934 to provide for greater transparency and efficiency in the procedures followed by the Federal Communications Commission.
Sponsor: Sen Heller, Dean [NV] (introduced 11/2/2011) Cosponsors (None)
Committees: Senate Commerce, Science, and Transportation
Latest Major Action: 11/2/2011 Referred to Senate committee.
Status: Read twice and referred to the Committee on Commerce, Science, and Transportation.

Tax

H.R.3307 : To amend the Internal Revenue Code of 1986 to extend the renewable energy credit.
Sponsor: Rep Reichert, David G. [WA-8] (introduced 11/2/2011) Cosponsors (10)
Committees: House Ways and Means
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Ways and Means.

H.R.3308 : To amend the Internal Revenue Code of 1986 to terminate certain energy tax subsidies and lower the corporate income tax rate.
Sponsor: Rep Pompeo, Mike [KS-4] (introduced 11/2/2011) Cosponsors (3)
Committees: House Ways and Means; House Energy and Commerce
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

H.R.3313 : To amend the Internal Revenue Code of 1986 to impose a tax on certain trading transactions.
Sponsor: Rep DeFazio, Peter A. [OR-4] (introduced 11/2/2011) Cosponsors (12)
Committees: House Ways and Means
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Ways and Means.

H.R.3318 : To amend the Internal Revenue Code of 1986 to temporarily exclude capital gain from gross income.
Sponsor: Rep Fleischmann, Charles J. “Chuck” [TN-3] (introduced 11/2/2011) Cosponsors (None)
Committees: House Ways and Means
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Ways and Means.

H.R.3329 : To amend title 38, United States Code, to extend the eligibility period for veterans to enroll in certain vocational rehabilitation programs.
Sponsor: Rep Sanchez, Linda T. [CA-39] (introduced 11/2/2011) Cosponsors (6)
Committees: House Veterans’ Affairs
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Veterans’ Affairs.

S.1781 : A bill to amend the Internal Revenue Code of 1986 to exclude from gross income amounts received on account of claims based on certain unlawful discrimination and to allow income averaging for backpay and frontpay awards received on account of such claims, and for other purposes.
Sponsor: Sen Bingaman, Jeff [NM] (introduced 11/2/2011) Cosponsors (1)
Committees: Senate Finance
Latest Major Action: 11/2/2011 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.

S.1785 : A bill to amend the Internal Revenue Code of 1986 to provide work opportunity tax credits for the hiring of long-term unemployed workers.
Sponsor: Sen Blumenthal, Richard [CT] (introduced 11/2/2011) Cosponsors (None)
Committees: Senate Finance
Latest Major Action: 11/2/2011 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.

S.1787 : A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain trading transactions.
Sponsor: Sen Harkin, Tom [IA] (introduced 11/2/2011) Cosponsors (2)
Committees: Senate Finance
Latest Major Action: 11/2/2011 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.

Trade

S.1779 : A bill to require the United States Trade Representative to notify the World Trade Organization if any member of the World Trade Organization fails during 2 consecutive years to disclose subsidies under the Agreement on Subsidies and Countervailing Measures, and for other purposes.
Sponsor: Sen Merkley, Jeff [OR] (introduced 11/2/2011) Cosponsors (5)
Committees: Senate Finance
Latest Major Action: 11/2/2011 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.

Transportation

H.R.3327 : To direct the Secretary of Transportation to issue categorical exclusions from environmental assessment requirements for certain highway construction activities, and for other purposes.
Sponsor: Rep Reed, Tom [NY-29] (introduced 11/2/2011) Cosponsors (6)
Committees: House Transportation and Infrastructure
Latest Major Action: 11/2/2011 Referred to House committee.
Status: Referred to the House Committee on Transportation and Infrastructure.

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