Today’s Daily Update

The House considers tax legislation

House

 

Yesterday:

  • The House agreed to suspend the rules and pass the following measures:
    • Pest Management Records Modernization Act (H.R. 5714) to permit commercial applicators of pesticides to create, retain, submit, and convey pesticide application-related records, reports, data, and other information in electronic form
    • No Social Security for Nazis Act (H.R. 5739) to amend the Social Security Act to provide for the termination of Social Security benefits for individuals who participated in Nazi persecution
    • SBIC Advisers Relief Act of 2014 (H.R. 4200) to amend the Investment Advisers Act of 1940 to prevent duplicative regulation of advisers of small business investment companies
    • Amending the Commodity Exchange Act and the Securities Exchange Act of 1934: (H.R. 5471) to amend the Commodity Exchange Act and the Securities Exchange Act of 1934 to specify how clearing requirements apply to certain affiliate transactions
    • Regulation D Study Act (H.R. 3240) to instruct the Comptroller General of the United States to study the impact of Regulation D
    • Native American Housing Assistance and Self-Determination Reauthorization Act of 2014 (H.R. 4329) to reauthorize the Native American Housing Assistance and Self-Determination Act of 1996
    • Housing Assistance Efficiency Act (H.R. 2790) to authorize private nonprofit organizations to administer permanent housing rental assistance provided through the Continuum of Care Program under the McKinney-Vento Homeless Assistance Act;
    • World War I American Veterans Centennial Commemorative Coin Act (H.R. 2366)
    • Disclosure Modernization and Simplification Act of 2014 (H.R. 4569) to require the Securities and Exchange Commission to make certain improvements to form 10-K and regulation S-K.

Today:

  • The House reconvenes at noon for legislative business and is expected to consider measures under suspension of the rules.
    • HR 5769 — A bill to authorize appropriations for the Coast Guard for fiscal year 2015.
    • H Res 758 — A resolution strongly condemning the actions of the Russian Federation, under President Vladimir Putin, which has carried out a policy of aggression against neighboring countries aimed at political and economic domination.
    • H Res 714 — A resolution reaffirming the peaceful and collaborative resolution of maritime and jurisdictional disputes in the South China Sea and the East China Sea as provided for by universally recognized principles of international law, and reaffirming the strong support of the United States Government for freedom of navigation and other internationally lawful uses of sea and airspace in the Asia-Pacific region.
    • S 2673 — United States-Israel Strategic Partnership Act
  • The chamber is also expected to consider a bill (HR 647) that would create a new tax-preferred account for individuals with disabilities and a bill (HR 5771) that would extend for the current tax year certain expired tax provisions

 

Senate

 

Yesterday:

  • The Senate passed the “Chesapeake Bay Accountability and Recovery Act of 2013” (S.1000), with a Warner amendment; the “Federal Duck Stamp Act of 2014” (Passed H.R.5069); Calendar #602, Adding Ebola to the FDA Priority Review Voucher Program Act (S.2917); the “Bill Williams River Water Rights Settlement Act” (H.R.4924).

Today:

  • The Senate is expected to hold confirmation votes on two nominees for the Equal Employment Opportunity Commission and cloture votes on three U.S. district court nominations.
    • If cloture is invoked on the judicial nominations, the Senate plans to hold their confirmation votes at 5:30 p.m. The Senate is also expected to hold cloture votes on two Energy Department nominations.
    • Further votes are possible.

 

Hearings Covered by W&J Today

 

House Oversight and Government Reform
“Transforming Federal Spending: Implementing the Digital Accountability and Transparency Act”

Senate Veterans’ Affairs Committee
“Hepatitis C in Veterans”

Bipartisan Policy Center
“Promoting Innovation; Protecting Patient Safety: Advancing Use of Technology in Health Care”

House Energy and Commerce — Subcommittee on Health
The Future of the Children’s Health Insurance Program”

CATO Institute
“Too Big to Jail: How Prosecutors Compromise with Corporations”

Brookings Institute
“Financial Stability: A Conversation with Lael Brainard”

 

Notable Legislation Introduced Yesterday

 

HEALTH

H.R.5780: To amend title XVIII of the Social Security Act to improve the integrity of the Medicare program, and for other purposes.
Sponsor: Rep Brady, Kevin [TX-8] (introduced 12/2/2014) Cosponsors (18)
Committees: House Ways and Means; House Energy and Commerce
Latest Major Action: 12/2/2014 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.