Today’s Daily Update

The House will consider a series of 11 tax related bills. The Senate is expected to hold a roll call vote on the compound motion to go to conference on the budget resolution.

House

 

Yesterday:

  • Congressional Budget Resolution FY 2016: Pursuant to H. Res. 189, S. Con. Res. 11, setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025, was taken from the Speaker’s Table; the amendment in the nature of a substitute consisting of the text of H. Con. Res. 27, as agreed to in the House, was considered as agreed to; and S. Con. Res. 11, as amended, was agreed to. The House insisted on its amendment and requested a conference with the Senate thereon.
    • Rejected the Van Hollen motion to instruct conferees on the concurrent resolution by a yea-and-nay vote of 187 yeas to 239 nays, Roll No. 153.
    • Subsequently, the Chair appointed the following Members of the House to the conference committee on the concurrent resolution: Representatives Price (GA), Rokita, Diaz-Balart, Black, Moolenaar, Van Hollen, Yarmuth, and Moore.
  • H. Res. 189, the rule providing for consideration of H.R. 650, H.R. 685, and the adoption of S. Con. Res. 11, was agreed to by a recorded vote of 237 ayes to 185 noes, Roll No. 149, after the previous question was ordered by a yea-and-nay vote of 239 yeas to 183 nays, Roll No. 148.
  • Preserving Access to Manufactured Housing Act of 2015: The House passed H.R. 650, to amend the Truth in Lending Act to modify the definitions of a mortgage originator and a high-cost mortgage, by a yea-and-nay vote of 263 yeas to 162 nays, Roll No. 151.
    • Rejected the Waters (CA) motion to recommit the bill to the Committee on Financial Services with instructions to report the same back to the House forthwith with an amendment, by a yea-and-nay vote of 184 yeas to 239 nays, Roll No. 150.
  • H. Res. 189, the rule providing for consideration of H.R. 650, H.R. 685, and the adoption of S. Con. Res. 11, was agreed to by a recorded vote of 237 ayes to 185 noes, Roll No. 149, after the previous question was ordered by a yea-and-nay vote of 239 yeas to 183 nays, Roll No. 148.
  • Mortgage Choice Act of 2015: The House passed H.R. 685, to amend the Truth in Lending Act to improve upon the definitions provided for points and fees in connection with a mortgage transaction, by a yea-and-nay vote of 286 yeas to 140 nays, Roll No. 152.
  • H. Res. 189, the rule providing for consideration of H.R. 650, H.R. 685, and the adoption of S. Con. Res. 11, was agreed to by a recorded vote of 237 ayes to 185 noes, Roll No. 149, after the previous question was ordered by a yea-and-nay vote of 239 yeas to 183 nays, Roll No. 148.

Today:

  • On Wednesday, the House will meet at 10:00 a.m. for morning hour and 12:00 p.m. for legislative business. First and last votes expected: 4:30-5:30 p.m.
  • Begin Consideration of H.R. 622 – State and Local Sales Tax Deduction Fairness Act of 2015 (Closed Rule, One Hour of Debate) (Sponsored by Rep. Kevin Brady / Ways and Means Committee)
  • Begin Consideration of H.R. 1105 – Death Tax Repeal Act of 2015 (Closed Rule, One Hour of Debate) (Sponsored by Rep. Kevin Brady / Ways and Means Committee)
  • Legislation Considered Under Suspension of the Rules:
    • 1) H.R. 1058 – Taxpayer Bill of Rights Act of 2015 (Sponsored by Rep. Peter Roskam / Ways and Means Committee)
    • 2) H.R. 1152 – IRS Email Transparency Act (Sponsored by Rep. Kenny Marchant / Ways and Means Committee)
    • 3) H.R. 1026 – Taxpayer Knowledge of IRS Investigations Act (Sponsored by Rep. Mike Kelly / Ways and Means Committee)
    • 4) H.R. 1314 – Ensuring Tax Exempt Organizations the Right to Appeal Act (Sponsored by Rep. Patrick Meehan / Ways and Means Committee)
    • 5) H.R. 1295 – IRS Bureaucracy Reduction and Judicial Review Act (Sponsored by Rep. George Holding / Ways and Means Committee)
    • 6) H.R. 709 – Prevent Targeting at the IRS Act (Sponsored by Rep. Jim Renacci / Ways and Means Committee)
    • 7) H.R. 1104 – Fair Treatment for All Gifts Act (Sponsored by Rep. Peter Roskam / Ways and Means Committee)
    • 8) H.R. 1562 – Contracting and Tax Accountability Act of 2015 (Sponsored by Rep. Jason Chaffetz / Oversight and Government Reform Committee)
    • 9) H.R. 1563 – Federal Employee Tax Accountability Act of 2015, as amended (Sponsored by Rep. Jason Chaffetz / Oversight and Government Reform Committee)

 

Senate

 

Yesterday:

  • Measures Passed:
  • Medicare Access and CHIP Reauthorization Act: By 92 yeas to 8 nays (Vote No. 144), Senate passed H.R. 2, to amend title XVIII of the Social Security Act to repeal the Medicare sustainable growth rate and strengthen Medicare access by improving physician payments and making other improvements, to reauthorize the Children’s Health Insurance Program, after taking action on the following amendments and motions proposed thereto:
    • Rejected:
    • By 54 yeas to 45 nays (Vote No. 137), Cornyn Amendment No. 1114, to repeal the individual mandate. (A unanimous-consent agreement was reached providing that the amendment, having failed to achieve 60 affirmative votes, was not agreed to.)
    • By 42 yeas to 58 nays (Vote No. 139), Lee Amendment No. 1116, to strike the provision excluding the budgetary effects of the Act from PAYGO requirements.
    • By 11 yeas to 89 nays (Vote No. 141), Cotton Amendment No. 1118, to provide steady updates of payment rates under the Medicare physician fee schedule.
    • During consideration of this measure today, Senate also took the following action:
      • By 50 yeas to 50 nays (Vote No. 138), three-fifths of those Senators duly chosen and sworn, not having voted in the affirmative, Senate rejected the motion to waive all applicable budgetary discipline pursuant to Section 904 of the Congressional Budget Act of 1974, with respect to Bennet Amendment No. 1115, to protect and retain our Children’s Health Insurance Program for 4 years (PRO-CHIP). Subsequently, the point of order that the amendment was in violation of section 201(a) of S. Con. Res. 21, FY08 Congressional Budget Resolution, was sustained, and the amendment was ruled out of order.
      • By 43 yeas to 57 nays (Vote No. 140), three-fifths of those Senators duly chosen and sworn, not having voted in the affirmative, Senate rejected the motion to waive all applicable budgetary discipline pursuant to Section 904 of the Congressional Budget Act of 1974, with respect to Murray Amendment No. 1117, to improve women’s access to quality health care. Subsequently, the point of order that the amendment was in violation of section 201(a) of S. Con. Res. 21, FY08 Congressional Budget Resolution, was sustained, and the amendment was ruled out of order.
      • By 58 yeas to 42 nays (Vote No. 142), three-fifths of those Senators duly chosen and sworn, not having voted in the affirmative, Senate rejected the motion to waive all applicable budgetary discipline pursuant to Section 904 of the Congressional Budget Act of 1974, with respect to Cardin Amendment No. 1119, to repeal the therapy cap and provide for medical review of outpatient therapy services. Subsequently, the point of order that the amendment was in violation of section 201(a) of S. Con. Res. 21, FY08 Congressional Budget Resolution, was sustained, and the amendment was ruled out of order.
      • By 71 yeas to 29 nays (Vote No. 143), three-fifths of the Senators duly chosen and sworn having voted in the affirmative, Senate agreed to the motion to waive all applicable budgetary discipline pursuant to section 311(b) of S. Con Res. 70 with respect to the bill. Subsequently, the point of order that the bill was in violation of section 311(b) of S. Con Res. 70, was not sustained, and thus the point of order fell.
  • Measures Considered:
  • Justice for Victims of Trafficking Act–Cloture: Senate resumed consideration of S. 178, to provide justice for the victims of trafficking, taking action on the following amendments proposed thereto:
    • Withdrawn:
      • Portman Amendment No. 271, to amend the definition of ”homeless person” under the McKinney-Vento Homeless Assistance Act to include certain homeless children and youth.
      • Portman Amendment No. 270, to amend the Child Abuse Prevention and Treatment Act to enable State child protective services systems to improve the identification and assessment of child victims of sex trafficking.
    • Pending:
      • McConnell (for Cornyn) Amendment No. 1120, to strengthen the Justice for Victims of Trafficking Act by incorporating additional bipartisan amendments.
      • A motion was entered to close further debate on the McConnell (for Cornyn) Amendment No. 1120 to the bill, and, in accordance with the provisions of rule XXII of the Standing Rules of the Senate, a vote on cloture will occur on Thursday, April 16, 2015.
    • During consideration of this measure today, Senate also took the following action:
      • Vitter Amendment No. 284 (to Amendment No. 271), to amend section 301 of the Immigration and Nationality Act to clarify those classes of individuals born in the United States who are nationals and citizens of the United States at birth, fell when Portman Amendment No. 271 (listed above) was withdrawn.

Today:

  • The Senate stands adjourned until 9:30am on Wednesday, April 15, 2015.
  • Following any Leader remarks, the Senate will be in a period of morning business for 1 hour with the time equally divided, and with the Democrats controlling the first half and the Republicans controlling the final half.
  • Following morning business, we expect the Republicans will move to go to conference on the Senate budget resolution. Once the compound motion to go to conference is made, there would be 1 hour for debate on the motion. We expect a roll call vote on the compound motion to go to conference on the budget resolution in the 11:45am range. There would then be up to an additional 9 hours for debate equally divided (1 of the 10 statutory hours would have been used prior to the vote). Upon the use or yielding back of time, motions to instruct conferees would be in order. Therefore, we expect a mini vote-a-rama (hopefully only in the 9 to low double digit vote range) in the late afternoon or early evening (depending on how much debate time is required—maybe in the 5pm range).
  • The Senate will recess from 12:30 until 2:00pm for the bipartisan luncheon. At 2:49pm, the Senate will observe a moment of silence in honor of the victims of the Boston Marathon bombings.
  • As a reminder, this evening, following passage of H.R.2, the Senate resumed consideration of S.178, Justice for Victims of Trafficking Act of 2015. Senator Portman withdrew his pending amendments (SA #271 and SA #270) and the Vitter second degree SA #284 fell. Senator McConnell then offered Cornyn amendment #1120 (Hyde) and filed cloture on the Cornyn amendment. The Cornyn amendment #1120 is now the only pending amendment to the bill. Unless an agreement can be reached, the cloture vote would occur one hour after the Senate convenes on Thursday, April 16. The filing deadline for second-degree amendments to the Cornyn amendment is 1 hour prior to the cloture vote.

 

Hearings Covered by W&J Today

 

House Appropriations Committee
Budget Hearing – Securities and Exchange Commission

House Financial Services and Oversight and Government Reform
Joint Committee Hearing
“Oversight of Efforts to Reform the Export-Import Bank of the U.S.”

House Energy & Commerce Committee
Markup of H.R. ___ Data Security and Breach Notification Act of 2015

House Transportation & Infrastructure Committee
Markup: – H.R. 1732 – The Regulatory Integrity Protection Act

House Financial Services Committee
“Examining Regulatory Burdens on Non-Depository Financial Institutions”

Senate Appropriations Committee
“From Protection to Partnership: Funding the DHS role in Cybersecurity”

House Foreign Affairs Committee
“The Continuing Threat of Neglected Tropical Diseases”

 

Notable Legislation Introduced

 

CYBERSECURITY

H.R.1770 : To require certain entities who collect and maintain personal information of individuals to secure such information and to provide notice to such individuals in the case of a breach of security involving such information, and for other purposes.
Sponsor: Rep Blackburn, Marsha [TN-7] (introduced 4/14/2015) Cosponsors (3)
Committees: House Energy and Commerce
Latest Major Action: 4/14/2015 Referred to House committee. Status: Referred to the House Committee on Energy and Commerce.

ENERGY

S.934 : A bill to amend the renewable fuel program under section 211(o) of the Clean Air Act to require the cellulosic biofuel requirement to be based on actual production, and for other purposes.
Sponsor: Sen Flake, Jeff [AZ] (introduced 4/14/2015) Cosponsors (1)
Committees: Senate Environment and Public Works
Latest Major Action: 4/14/2015 Referred to Senate committee. Status: Read twice and referred to the Committee on Environment and Public Works.

S.939 : A bill to require the evaluation and consolidation of duplicative green building programs within the Department of Energy.
Sponsor: Sen Flake, Jeff [AZ] (introduced 4/14/2015) Cosponsors (1)
Committees: Senate Energy and Natural Resources
Latest Major Action: 4/14/2015 Referred to Senate committee. Status: Read twice and referred to the Committee on Energy and Natural Resources.

FINANCIAL SERVICES

H.R.1766 : To amend the Equal Credit Opportunity Act to repeal a small business loan data collection requirement.
Sponsor: Rep Pittenger, Robert [NC-9] (introduced 4/14/2015) Cosponsors (None)
Committees: House Financial Services
Latest Major Action: 4/14/2015 Referred to House committee. Status: Referred to the House Committee on Financial Services.

H.R.1778 : To amend the Internal Revenue Code of 1986 and 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 4/14/2015) Cosponsors (None)
Committees: House Ways and Means; House Financial Services
Latest Major Action: 4/14/2015 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.

S.924 : A bill to require the National Credit Union Administration to hold public hearings and receive comments from the public on its budget, and for other purposes.
Sponsor: Sen Heller, Dean [NV] (introduced 4/14/2015) Cosponsors (1)
Committees: Senate Banking, Housing, and Urban Affairs
Latest Major Action: 4/14/2015 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

S.927 : A bill to provide regulatory relief for certain financial institutions, and for other purposes.
Sponsor: Sen Moran, Jerry [KS] (introduced 4/14/2015) Cosponsors (1)
Committees: Senate Banking, Housing, and Urban Affairs
Latest Major Action: 4/14/2015 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

HEALTH

H.R.1771 : To amend title XIX of the Social Security Act to count portions of income from annuities of a community spouse as income available to institutionalized spouses for purposes of eligibility for medical assistance, and for other purposes.
Sponsor: Rep Mullin, Markwayne [OK-2] (introduced 4/14/2015) Cosponsors (None)
Committees: House Energy and Commerce
Latest Major Action: 4/14/2015 Referred to House committee. Status: Referred to the House Committee on Energy and Commerce.

TAX

H.R.1780 : To amend the Internal Revenue Code of 1986 to enhance the dependent care tax credit, and for other purposes.
Sponsor: Rep Sewell, Terri A. [AL-7] (introduced 4/14/2015) Cosponsors (1)
Committees: House Ways and Means
Latest Major Action: 4/14/2015 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.1781 : To amend the Internal Revenue Code of 1986 to allow employers a credit against income tax for wages paid to employees who participate in qualified apprenticeship programs.
Sponsor: Rep Sewell, Terri A. [AL-7] (introduced 4/14/2015) Cosponsors (6)
Committees: House Ways and Means
Latest Major Action: 4/14/2015 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.1788 : To amend the Internal Revenue Code of 1986 to increase the alternative tax liability limitation for small property and casualty insurance companies.
Sponsor: Rep Paulsen, Erik [MN-3] (introduced 4/14/2015) Cosponsors (1)
Committees: House Ways and Means
Latest Major Action: 4/14/2015 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.1790 : To amend the Internal Revenue Code of 1986 to modify the treatment of foreign corporations, and for other purposes.
Sponsor: Rep Schakowsky, Janice D. [IL-9] (introduced 4/14/2015) Cosponsors (None)
Committees: House Ways and Means
Latest Major Action: 4/14/2015 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

S.904 : An original bill to amend the Internal Revenue Code of 1986 to remove bond requirements and extend filing periods for certain taxpayers with limited excise tax liability.
Sponsor: Sen Hatch, Orrin G. [UT] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Senate Reports: 114-15
Latest Major Action: 4/14/2015 Placed on Senate Legislative Calendar under General Orders. Calendar No. 38.

S.905 : An original bill to amend the Internal Revenue Code of 1986 to increase the limitation on eligibility for the alternative tax for certain small insurance companies.
Sponsor: Sen Hatch, Orrin G. [UT] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Senate Reports: 114-16
Latest Major Action: 4/14/2015 Placed on Senate Legislative Calendar under General Orders. Calendar No. 39.

S.906 : An original bill to amend the Internal Revenue Code of 1986 to modify the types of wines taxed as hard cider.
Sponsor: Sen Hatch, Orrin G. [UT] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Senate Reports: 114-17
Latest Major Action: 4/14/2015 Placed on Senate Legislative Calendar under General Orders. Calendar No. 40.

S.909 : An original bill to amend the Internal Revenue Code of 1986 to exempt private foundations from the tax on excess business holdings in the case of certain philanthropic enterprises which are independently supervised, and for other purposes.
Sponsor: Sen Hatch, Orrin G. [UT] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Senate Reports: 114-20
Latest Major Action: 4/14/2015 Placed on Senate Legislative Calendar under General Orders. Calendar No. 43.

S.912 : An original bill to amend the Internal Revenue Code of 1986 to exclude payments received under the Work Colleges Program from gross income, including payments made from institutional funds.
Sponsor: Sen Hatch, Orrin G. [UT] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Senate Reports: 114-22
Latest Major Action: 4/14/2015 Placed on Senate Legislative Calendar under General Orders. Calendar No. 45.

S.915 : An original bill to amend the Internal Revenue Code of 1986 to exempt certain stock of real estate investment trusts from the tax on foreign investments in United States real property interests, and for other purposes.
Sponsor: Sen Hatch, Orrin G. [UT] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Senate Reports: 114-25
Latest Major Action: 4/14/2015 Placed on Senate Legislative Calendar under General Orders. Calendar No. 48.

S.917 : An original bill to amend the Internal Revenue Code of 1986 to equalize the excise tax on liquefied petroleum gas and liquefied natural gas.
Sponsor: Sen Hatch, Orrin G. [UT] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Senate Reports: 114-27
Latest Major Action: 4/14/2015 Placed on Senate Legislative Calendar under General Orders. Calendar No. 50.

S.918 : An original bill to amend the Internal Revenue Code of 1986 to provide notice to charities and other nonprofit organizations before their tax-exempt status is automatically revoked.
Sponsor: Sen Hatch, Orrin G. [UT] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Senate Reports: 114-28
Latest Major Action: 4/14/2015 Placed on Senate Legislative Calendar under General Orders. Calendar No. 51.

S.919 : An original bill to exclude from gross income certain clean coal power grants to non-corporate taxpayers.
Sponsor: Sen Hatch, Orrin G. [UT] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Senate Reports: 114-29
Latest Major Action: 4/14/2015 Placed on Senate Legislative Calendar under General Orders. Calendar No. 52.

S.922 : A bill to amend the Internal Revenue Code of 1986 to modify the treatment of foreign corporations, and for other purposes.
Sponsor: Sen Sanders, Bernard [VT] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Latest Major Action: 4/14/2015 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.

S.929 : A bill to repeal the current Internal Revenue Code and replace it with a flat tax, thereby guaranteeing economic growth and fairness for all Americans.
Sponsor: Sen Shelby, Richard C. [AL] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Latest Major Action: 4/14/2015 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.

S.935 : A bill to amend the Internal Revenue Code of 1986 and the Consumer Financial Protection Act of 2010 to regulate tax return preparers and refund anticipation payment arrangements, and for other purposes.
Sponsor: Sen Booker, Cory A. [NJ] (introduced 4/14/2015) Cosponsors (None)
Committees: Senate Finance
Latest Major Action: 4/14/2015 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.

TRANSPORTATION

H.R.1789 : To ensure the safety of DOT-111 tank cars by improving standards for new tank cars and upgrading existing tank cars, and for other purposes.
Sponsor: Rep Payne, Donald M., Jr. [NJ-10] (introduced 4/14/2015) Cosponsors (5)
Committees: House Transportation and Infrastructure; House Homeland Security
Latest Major Action: 4/14/2015 Referred to House committee. Status: Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Homeland Security, 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.