Today’s Daily Update

The House passed the America’s Small Business Tax Relief Act.

House

 

Friday:

  • America’s Small Business Tax Relief Act of 2015: The House passed H.R. 636, to amend the Internal Revenue Code of 1986 to permanently extend increased expensing limitations, by a recorded vote of 272 ayes to 142 noes, Roll No. 82.
    • Rejected the Neal motion to recommit the bill to the Committee on Ways and Means with instructions to report the same back to the House forthwith with an amendment, by a yea-and-nay vote of 173 yeas to 241 nays, Roll No. 81.
    • Pursuant to the rule, in lieu of the amendment in the nature of a substitute recommended by the Committee on Ways and Means now printed in the bill, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 114-6 shall be considered as adopted.
  • H. Res. 101, the rule providing for consideration of the bills (H.R. 644) and (H.R. 636), was agreed to on February 12.
  • Meeting Hour: Agreed by unanimous consent that when the House adjourns today, it adjourn to meet at 2 p.m. on Tuesday, February 17th, and that the order of the House of January 6, 2015, regarding morning-hour debate not apply on that day.

Today:

  • The House is not in session.

 

Senate

 

Friday:

  • The Senate was not in session and stands adjourned until 4:45 p.m. on Monday, February 16, 2015.

Today:

  • The Senate will meet in pro forma session.

 

Hearings Covered by W&J Today

 

No hearings are scheduled for today.

 

Notable Legislation Introduced Yesterday

 

ENERGY

H.R.963 : To modify the requirements applicable to locatable minerals on public domain lands, consistent with the principles of self-initiation of mining claims, and for other purposes.
Sponsor: Rep Grijalva, Raul M. [AZ-3] (introduced 2/13/2015) Cosponsors (16)
Committees: House Natural Resources; House Transportation and Infrastructure
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the Committee on Natural Resources, and in addition to the Committee on Transportation and Infrastructure, 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.972 : To amend the Internal Revenue Code of 1986 to reduce greenhouse gas emissions by requiring a Federal emission permit for the sale or use of covered substances and to return funds to the American people.
Sponsor: Rep McDermott, Jim [WA-7] (introduced 2/13/2015) Cosponsors (None)
Committees: House Ways and Means; House Energy and Commerce
Latest Major Action: 2/13/2015 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.1005 : To provide for the establishment of a pilot program to train individuals for employment in the renewable energy and energy efficiency industries.
Sponsor: Rep Ruiz, Raul [CA-36] (introduced 2/13/2015) Cosponsors (7)
Committees: House Education and the Workforce
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the House Committee on Education and the Workforce.

FINANCIAL SERVICES

H.R.982 : To ensure that any authority of the Mutual Mortgage Insurance Fund to borrow amounts from the Treasury is used only to pay mortgage insurance claims.
Sponsor: Rep Capuano, Michael E. [MA-7] (introduced 2/13/2015) Cosponsors (None)
Committees: House Financial Services
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the House Committee on Financial Services.

H.R.989 : To clarify the National Credit Union Administration authority to improve credit union safety and soundness.
Sponsor: Rep King, Peter T. [NY-2] (introduced 2/13/2015) Cosponsors (15)
Committees: House Financial Services
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the House Committee on Financial Services.

H.R.1008 : To authorize the Export-Import Bank of the United States to use 3 percent of its profits for administrative expenses.
Sponsor: Rep Ruiz, Raul [CA-36] (introduced 2/13/2015) Cosponsors (3)
Committees: House Financial Services
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the House Committee on Financial Services.

HEALTH

H.R.971 : To amend the Federal Food, Drug, and Cosmetic Act to authorize a 6-month extension of certain exclusivity periods in the case of approved drugs that are subsequently approved for a new indication to prevent, diagnose, or treat a rare disease or condition, and for other purposes.
Sponsor: Rep Bilirakis, Gus M. [FL-12] (introduced 2/13/2015) Cosponsors (2)
Committees: House Energy and Commerce
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the House Committee on Energy and Commerce.

H.R.976 : To repeal changes made by health care reform laws to the Medicare exception to the prohibition on certain physician referrals for hospitals, and for other purposes.
Sponsor: Rep Johnson, Sam [TX-3] (introduced 2/13/2015) Cosponsors (25)
Committees: House Energy and Commerce; House Ways and Means
Latest Major Action: 2/13/2015 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.

TAX

H.R.964 : To amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for child care expenses, and for other purposes.
Sponsor: Rep Pascrell, Bill, Jr. [NJ-9] (introduced 2/13/2015) Cosponsors (2)
Committees: House Ways and Means
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.975 : To amend the Internal Revenue Code of 1986 to allow the transfer of required minimum distributions from a retirement plan to a health savings account.
Sponsor: Rep Huizenga, Bill [MI-2] (introduced 2/13/2015) Cosponsors (None)
Committees: House Ways and Means
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.1001 : 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 2/13/2015) Cosponsors (4)
Committees: House Ways and Means
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.1002 : To amend the Internal Revenue Code of 1986 to extend for 2 years the exclusion from gross income of discharges of qualified principal residence indebtedness.
Sponsor: Rep Reed, Tom [NY-23] (introduced 2/13/2015) Cosponsors (15)
Committees: House Ways and Means
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

TRADE

H.R.967 : To prohibit the President from entering into a free trade agreement or investment treaty with a foreign country or countries if the agreement or treaty includes investor-state dispute settlement provisions.
Sponsor: Rep Pocan, Mark [WI-2] (introduced 2/13/2015) Cosponsors (12)
Committees: House Ways and Means; House Foreign Affairs
Latest Major Action: 2/13/2015 Referred to House committee. Status: Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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.

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