Today’s Daily Update

Senate considered minimum wage legislation; House passed Ryan Budget.

House

 

Yesterday:

  • The House agreed to Representative Paul Ryan’s Budget, H. Con. Res. 96, to establish the budget for the United States Government for fiscal year 2015 and to set forth appropriate budgetary levels for fiscal years 2016 through 2024, by a yea-and-nay vote of 219 yeas to 205 nays, Roll No. 177. Consideration of the measure began on Tuesday, April 8th.
    • Rejected:
      • Woodall amendment in the nature of a substitute (No. 4 printed in H. Rept. 113-405) that sought to balance the budget in four years and cut discretionary spending to FY2008 levels (by a recorded vote of 133 ayes to 291 noes, Roll No. 175) and
      • Van Hollen amendment in the nature of a substitute (No. 5 printed in H. Rept. 113-405) that sought to pursue investments in job creation and education, tax reform that promotes the growth of American businesses and tax fairness, and policies that support access to health care, retirement security, and a safe and secure nation (by a recorded vote of 163 ayes to 261 noes, Roll No. 176).
  • The House agreed to discharge from committee and pass S. 2195, to deny admission to the United States to any representative to the United Nations who has been found to have been engaged in espionage activities or a terrorist activity against the United States and poses a threat to United States national security interests.

Today:

  • The House is in recess until Monday, April 28th.

 

Senate

 

Yesterday:

  • The Senate passed the DATA Act, S. 994, to expand the Federal Funding Accountability and Transparency Act of 2006 to increase accountability and transparency in Federal spending, after withdrawing the committee amendment in the nature of a substitute, and agreeing to the following amendments proposed thereto:
    • Warner (for Carper) Amendment No. 2970, in the nature of a substitute.
    • Warner (for Carper) Amendment No. 2971 (to the language proposed by Amendment No. 2970), to allow the Secretary of Defense to request an extension to report financial and payment information data.
    • Authorizing Testimony, Document Production, and Representation: Senate agreed to S. Res. 422, to authorize written testimony, document production, and representation in Montana Fish, Wildlife and Parks Foundation, Inc. v. United States.
  • The Senate began consideration of the motion to proceed to consideration of federal minimum wage legislation, S. 2223, to provide for an increase in the Federal minimum wage and to amend the Internal Revenue Code of 1986 to extend increased expensing limitations and the treatment of certain real property as section 179 property.

Nominations:

  • Senate resumed consideration of the nomination of Michelle T. Friedland, of California, to be United States Circuit Judge for the Ninth Circuit.
  • During consideration of this nomination, the Senate also took the following action:
    • By 56 yeas to 41 nays (Vote No. 106), Senate agreed to the motion to close further debate on the nomination.
    • By 55 yeas to 37 nays (Vote No. 107), Senate agreed to the motion to instruct the Sergeant at Arms to request the attendance of absent Senators.
  • A unanimous-consent agreement was reached providing for further consideration of the nomination at approximately 4 p.m. today.

Today:

  • While the Senate was scheduled to convene at 4pm to vote on nominations, the Senate is expected to reach an agreement to postpone the votes until Monday, April 28th.

 

Hearings Covered by W&J Today

 

Department of Energy
“Quadrennial Energy Review”
10:00 am, Capitol Visitors Center

 

Notable Legislation Introduced Yesterday

 

ENERGY

H.R.4461 : To authorize the National Oceanic and Atmospheric Administration to establish a Climate Change Education Program.
Sponsor: Rep Honda, Michael M. [CA-17] (introduced 4/10/2014) Cosponsors (None)
Committees: House Energy and Commerce; House Education and the Workforce
Latest Major Action: 4/10/2014 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.

FINANCIAL SERVICES

H.R.4462 : To require the Secretary of Housing and Urban Development to discount FHA single-family mortgage insurance premium payments for first-time homebuyers who complete a financial literacy housing counseling program.
Sponsor: Rep Beatty, Joyce [OH-3] (introduced 4/10/2014) Cosponsors (21)
Committees: House Financial Services
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Financial Services.

H.R.4463 : To amend the Consumer Financial Protection Act of 2010 to regulate tax return preparers and refund anticipation payment arrangements, and for other purposes.
Sponsor: Rep Bonamici, Suzanne [OR-1] (introduced 4/10/2014) Cosponsors (None)
Committees: House Ways and Means; House Financial Services
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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.4466 : To require certain financial regulators to determine whether new regulations or orders are duplicative or inconsistent with existing Federal regulations, and for other purposes.
Sponsor: Rep Capito, Shelley Moore [WV-2] (introduced 4/10/2014) Cosponsors (1)
Committees: House Financial Services; House Agriculture
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.4470 : To amend title 31, United States Code, to direct the Secretary of the Treasury to regulate tax return preparers.
Sponsor: Rep Cohen, Steve [TN-9] (introduced 4/10/2014) Cosponsors (1)
Committees: House Ways and Means
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

S.2239 : A bill to amend the Internal Revenue Code of 1986 to permit the Secretary of the Treasury to disclose certain return information related to identity theft, and for other purposes.
Sponsor: Sen Johnson, Ron [WI] (introduced 4/10/2014) Cosponsors (1)
Committees: Senate Finance
Latest Major Action: 4/10/2014 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.

S.2242 : A bill to establish the prudential regulator of community and independent depository institutions as the conduit and arbiter of all Federal financial oversight, examination, and reporting.
Sponsor: Sen Coats, Daniel [IN] (introduced 4/10/2014) Cosponsors (None)
Committees: Senate Banking, Housing, and Urban Affairs
Latest Major Action: 4/10/2014 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

S.2244 : A bill to extend the termination date of the Terrorism Insurance Program established under the Terrorism Insurance Act of 2002, and for other purposes.
Sponsor: Sen Schumer, Charles E. [NY] (introduced 4/10/2014) Cosponsors (8)
Committees: Senate Banking, Housing, and Urban Affairs
Latest Major Action: 4/10/2014 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

S.2252 : A bill to reaffirm the importance of community banking and community banking regulatory experience on the Federal Reserve Board of Governors, to ensure that the Federal Reserve Board of Governors has a member who has previous experience in community banking or community banking supervision, and for other purposes.
Sponsor: Sen Vitter, David [LA] (introduced 4/10/2014) Cosponsors (2)
Committees: Senate Banking, Housing, and Urban Affairs
Latest Major Action: 4/10/2014 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

FOREIGN RELATIONS

S.2238 : A bill to ensure that the United States Government in no way recognizes Russia’s annexation of Crimea.
Sponsor: Sen Coats, Daniel [IN] (introduced 4/10/2014) Cosponsors (11)
Committees: Senate Foreign Relations
Latest Major Action: 4/10/2014 Referred to Senate committee. Status: Read twice and referred to the Committee on Foreign Relations.

HEALTH

H.R.4475 : To allow the manufacture, importation, distribution, and sale of investigational drugs and devices intended for use by terminally ill patients who execute an informed consent document, and for other purposes.
Sponsor: Rep Griffith, H. Morgan [VA-9] (introduced 4/10/2014) Cosponsors (1)
Committees: House Energy and Commerce
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Energy and Commerce.

H.R.4484 : To amend title XVIII of the Social Security Act to provide improvements for Medicare Advantage special needs plans, and for other purposes.
Sponsor: Rep Sinema, Kyrsten [AZ-9] (introduced 4/10/2014) Cosponsors (4)
Committees: House Ways and Means; House Energy and Commerce
Latest Major Action: 4/10/2014 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.

S.2236 : A bill to amend the Public Health Service Act to enhance efforts to address antimicrobial resistance, and for other purposes.
Sponsor: Sen Brown, Sherrod [OH] (introduced 4/10/2014) Cosponsors (None)
Committees: Senate Health, Education, Labor, and Pensions
Latest Major Action: 4/10/2014 Referred to Senate committee. Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.2240 : A bill to amend title XVIII of the Social Security Act to encourage Medicare beneficiaries to voluntarily adopt advance directives guiding the medical care they receive.
Sponsor: Sen Coburn, Tom [OK] (introduced 4/10/2014) Cosponsors (2)
Committees: Senate Finance
Latest Major Action: 4/10/2014 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.

S.2253 : A bill to amend the Patient Protection and Affordable Care Act to provide for a temporary shift in the scheduled collection of the transitional reinsurance program payments.
Sponsor: Sen Franken, Al [MN] (introduced 4/10/2014) Cosponsors (2)
Committees: Senate Health, Education, Labor, and Pensions
Latest Major Action: 4/10/2014 Referred to Senate committee. Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

TAX

H.R.4453 : To amend the Internal Revenue Code of 1986 to make permanent the reduced recognition period for built-in gains of S corporations.
Sponsor: Rep Reichert, David G. [WA-8] (introduced 4/10/2014) Cosponsors (1)
Committees: House Ways and Means
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.4454 : To amend the Internal Revenue Code of 1986 to make permanent certain rules regarding basis adjustments to stock of S corporations making charitable contributions of property.
Sponsor: Rep Reichert, David G. [WA-8] (introduced 4/10/2014) Cosponsors (1)
Committees: House Ways and Means
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.4457 : To amend the Internal Revenue Code of 1986 to permanently extend increased expensing limitations, and for other purposes.
Sponsor: Rep Tiberi, Patrick J. [OH-12] (introduced 4/10/2014) Cosponsors (6)
Committees: House Ways and Means
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.4463 : To amend the Consumer Financial Protection Act of 2010 to regulate tax return preparers and refund anticipation payment arrangements, and for other purposes.
Sponsor: Rep Bonamici, Suzanne [OR-1] (introduced 4/10/2014) Cosponsors (None)
Committees: House Ways and Means; House Financial Services
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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.4464 : To amend the Internal Revenue Code of 1986 to make permanent the look-through treatment of payments between related controlled foreign corporations.
Sponsor: Rep Boustany, Charles W., Jr. [LA-3] (introduced 4/10/2014) Cosponsors (10)
Committees: House Ways and Means
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.4469 : To amend the Internal Revenue Code of 1986 to extend certain expiring provisions for 1 year.
Sponsor: Rep Castro, Joaquin [TX-20] (introduced 4/10/2014) Cosponsors (None)
Committees: House Ways and Means
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.4470 : To amend title 31, United States Code, to direct the Secretary of the Treasury to regulate tax return preparers.
Sponsor: Rep Cohen, Steve [TN-9] (introduced 4/10/2014) Cosponsors (1)
Committees: House Ways and Means
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.4471 : To amend the Internal Revenue Code of 1986 to extend the tax incentives for empowerment zones and renewal communities.
Sponsor: Rep Cohen, Steve [TN-9] (introduced 4/10/2014) Cosponsors (4)
Committees: House Ways and Means
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.4473 : To amend the Internal Revenue Code of 1986 to allow small employers a credit against income tax for the cost of on-the-job training expenses, to make the research credit permanent, and to increase the simplified research credit.
Sponsor: Rep Foster, Bill [IL-11] (introduced 4/10/2014) Cosponsors (4)
Committees: House Ways and Means
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.4479 : To amend the Internal Revenue Code of 1986 to provide a renter’s credit.
Sponsor: Rep Rangel, Charles B. [NY-13] (introduced 4/10/2014) Cosponsors (None)
Committees: House Ways and Means
Latest Major Action: 4/10/2014 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

S.2237 : A bill to amend the Internal Revenue Code of 1986 to provide an elective safe harbor for the expensing by small businesses of the costs of acquiring or producing tangible property.
Sponsor: Sen Hoeven, John [ND] (introduced 4/10/2014) Cosponsors (1)
Committees: Senate Finance
Latest Major Action: 4/10/2014 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.