Today’s Daily Update

House

Yesterday:

  • The House is not in session this week.

Today:

  • The House is not in session this week.

 

Senate

Yesterday:

  • The Senate continued consideration of the FDA user fees bill (S. 3187).


Today:

  • The Senate will complete consideration of the FDA user fees bill (S. 3187) and hold votes on two versions of the “Stop Student Loan Interest Rate Hike Act” (S. 2343 and S.2366).

 

Hearings Covered by W&J Today

Senate Banking Committee
“Responsible Homeowner Refinancing Act of 2012”
10:00 a.m.
538 Dirksen

Senate Homeland Security and Governmental Affairs
Subcommittee on Federal Financial Management
“Reducing Federal IT Spending”
10:00 a.m.
342 Dirksen

Notable Legislation Introduced Yesterday

Budget

S.3228 : A bill to require the President to provide a report detailing the sequester required by the Budget Control Act of 2011 on January 2, 2013.
Sponsor: Sen Thune, John [SD] (introduced 5/23/2012) Cosponsors (29)
Committees: Senate Budget
Latest Major Action: 5/23/2012 Referred to Senate committee.
Status: Read twice and referred to the Committee on the Budget.

Health

S.3226 : A bill to amend the Internal Revenue Code of 1986 to provide an income tax credit for eldercare expenses.
Sponsor: Sen Klobuchar, Amy [MN] (introduced 5/23/2012) Cosponsors (1)
Committees: Senate Finance
Latest Major Action: 5/23/2012 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.

S.3229 : A bill to develop a model disclosure form to assist consumers in purchasing long-term care insurance.
Sponsor: Sen Klobuchar, Amy [MN] (introduced 5/23/2012) Cosponsors (1)
Committees: Senate Health, Education, Labor, and Pensions
Latest Major Action: 5/23/2012 Referred to Senate committee.
Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.3230 : A bill to require issuers of long term care insurance to establish third-party review processes for disputed claims.
Sponsor: Sen Klobuchar, Amy [MN] (introduced 5/23/2012) Cosponsors (None)
Committees: Senate Health, Education, Labor, and Pensions
Latest Major Action: 5/23/2012 Referred to Senate committee.
Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.3232 : A bill to amend the Internal Revenue Code of 1986 and the Patient Protection and Affordable Care Act to extend, expand, and improve the qualifying therapeutic discovery project program.
Sponsor: Sen Menendez, Robert [NJ] (introduced 5/23/2012) Cosponsors (None)
Committees: Senate Finance
Latest Major Action: 5/23/2012 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.

Tax and Trade

S.3223 : A bill to amend the Internal Revenue Code of 1986 to permanently extend the reduction in the recognition period for built-in gains for S corporations.
Sponsor: Sen Cardin, Benjamin L. [MD] (introduced 5/23/2012) Cosponsors (2)
Committees: Senate Finance
Latest Major Action: 5/23/2012 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.

S.3224 : A bill to amend the Internal Revenue Code of 1986 to prevent an unfair tax burden for veterans and homeowners who have received assistance from the National Mortgage Settlement, and for other purposes.
Sponsor: Sen Stabenow, Debbie [MI] (introduced 5/23/2012) Cosponsors (None)
Committees: Senate Finance
Latest Major Action: 5/23/2012 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.

S.3225 : A bill to require the United States Trade Representative to provide documents relating to trade negotiations to Members of Congress and their staff upon request, and for other purposes.
Sponsor: Sen Wyden, Ron [OR] (introduced 5/23/2012) Cosponsors (None)
Committees: Senate Finance
Latest Major Action: 5/23/2012 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.

S.3226 : A bill to amend the Internal Revenue Code of 1986 to provide an income tax credit for eldercare expenses.
Sponsor: Sen Klobuchar, Amy [MN] (introduced 5/23/2012) Cosponsors (1)
Committees: Senate Finance
Latest Major Action: 5/23/2012 Referred to Senate committee.
Status: Read twice and referred to the Committee on Finance.