Today’s Daily Update

The House will consider H.R. 3791 – To raise the consolidated assets threshold under the small bank holding company policy statement and H.R. 3340 – Financial Stability Oversight Council Reform Act. The Senate will resume consideration of H.R.636, the legislative vehicle for the FAA reauthorization.

House

 

Yesterday:

  • No Rate Regulation of Broadband Internet Access Act–Rule for consideration: The House agreed to H. Res. 672, providing for consideration of the bill (H.R. 2666) to prohibit the Federal Communications Commission from regulating the rates charged for broadband Internet access service, by a recorded vote of 242 ayes to 182 noes, Roll No. 142, after the previous question was ordered by a yea-and-nay vote of 243 yeas to 182 nays, Roll No. 141.
  • Financial Stability Oversight Council Reform Act and Raising the consolidated assets threshold under the small bank holding company policy statement–Rule for consideration: The House agreed to H. Res. 671, providing for consideration of the bill (H.R. 3340) to place the Financial Stability Oversight Council and the Office of Financial Research under the regular appropriations process, to provide for certain quarterly reporting and public notice and comment requirements for the Office of Financial Research, and providing for consideration of the bill (H.R. 3791) to raise the consolidated assets threshold under the small bank holding company policy statement, by a recorded vote of 242 ayes to 182 noes, Roll No. 144, after the previous question was ordered by a yea-and-nay vote of 243 yeas to 182 nays, Roll No. 143.
  • Suspensions: The House agreed to suspend the rules and pass the following measures:
    • Border and Maritime Coordination Improvement Act: H.R. 3586, amended, to amend the Homeland Security Act of 2002 to improve border and maritime security coordination in the Department of Homeland Security;
    • Southwest Border Security Threat Assessment Act of 2016: H.R. 4482, amended, to require the Secretary of Homeland Security to prepare a southwest border threat analysis;
    • State and High-Risk Urban Area Working Group Act: H.R. 4509, amended, to amend the Homeland Security Act of 2002 to clarify membership of State planning committees or urban area working groups for the Homeland Security Grant Program;
    • Treating Small Airports with Fairness Act of 2016: H.R. 4549, amended, to require the Transportation Security Administration to conduct security screening at certain airports; and
    • Enhancing Overseas Traveler Vetting Act: H.R. 4403, amended, to authorize the development of open-source software based on certain systems of the Department of Homeland Security and the Department of State to facilitate the vetting of travelers against terrorist watchlists and law enforcement databases, enhance border management, and improve targeting and analysis.

Today:

  • On Thursday, 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: 3:00-4:00 p.m.
  • H.R. 3791 – To raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes (Structured Rule) (Sponsored by Rep. Mia Love / Financial Services Committee)
  • The Rule provides for one hour of general debate and makes in order the following amendment:
    • Rep. Robin Kelly Amendment (10 minutes of debate)
  • H.R. 3340 – Financial Stability Oversight Council Reform Act (Structured Rule) (Sponsored by Rep. Tom Emmer / Financial Services Committee)
  • The Rule provides for one hour of general debate and makes in order the following amendment:
    • Rep. Ed Royce Amendment (10 minutes of debate)

 

Senate

 

Yesterday:

  • Measures Considered:
  • America’s Small Business Tax Relief Act–Agreement : Senate continued consideration of H.R. 636, to amend the Internal Revenue Code of 1986 to permanently extend increased expensing limitations, taking action on the following amendments proposed thereto:
    • Pending:
      • McConnell (for Thune/Nelson) Amendment No. 3679, in the nature of a substitute.
      • Thune Amendment No. 3680 (to Amendment No. 3679), of a perfecting nature.
    • A unanimous-consent agreement was reached providing that amendments submitted to the previous substitute, McConnell (for Thune/Nelson) Amendment No. 3464, be considered to be submitted to the new substitute, McConnell (for Thune/Nelson) Amendment No. 3679 (listed above), as long as the instructions to the Clerk are drafted properly.
    • A unanimous-consent agreement was reached providing for further consideration of the bill at approximately 9:30 a.m., on Thursday, April 14, 2016.
  • Energy Policy Modernization Act–Agreement: A unanimous-consent-time agreement was reached providing that at a time to be determined by the Majority Leader, in consultation with the Democratic Leader, Senate resume consideration of S. 2012, to provide for the modernization of the energy policy of the United States; that it be in order to call up the following amendments en bloc, and that the amendments be called up and reported by number: Cantwell Amendment No. 3276; Klobuchar Modified Amendment No. 3302; Flake Amendment No. 3055; Flake Amendment No. 3050; Hatch Amendment No. 3237; Murkowski Amendment No. 3308; Heller Modified Amendment No. 3286; Vitter Amendment No. 3075; Portman/Shaheen Amendment No. 3168; Shaheen Modified Amendment No. 3292; Heinrich Amendment No. 3155; Manchin Amendment No. 3270; Cantwell Modified Amendment No. 3313; Cantwell Amendment No. 3214; Vitter Amendment No. 3266; Sullivan Amendment No. 3310; Heinrich Amendment No. 3317; Vitter Modified Amendment No. 3265; Kaine Amendment No. 3012; Alexander/Merkley Amendment No. 3290; Gillibrand/Cassidy Amendment No. 3004; Warner Modified Amendment No. 3233; Thune Amendment No. 3239; Udall/Portman Amendment No. 3221; Coons Amendment No. 3203; Portman Modified Amendment No. 3309; Flake Amendment No. 3229; and Inhofe Amendment No. 3251; that immediately following the reporting of the amendments, it be in order for the Senate to vote on or in relation to these amendments en bloc, as well as Murkowski Amendment No. 2963, with no intervening action or debate; that it be in order to call up the following amendments en bloc, and that the amendments be called up and reported by number: Murkowski/Cantwell Modified Amendment No. 3234; Isakson/Bennet Amendment No. 3202; Burr Amendment No. 3175; Lankford Amendment No. 3210; Boozman Amendment No. 3311; Udall Amendment No. 3312; and Paul Amendment No. 3787; that there be two hours of debate, equally divided in the usual form, on the amendments concurrently, that no further amendments to these amendments be in order, and that following the use or yielding back of time, Senate vote on or in relation to the amendments in the order listed, with a 60 affirmative vote threshold for adoption of each of the amendments, with no intervening action or debate; that following the disposition of Paul Amendment No. 3787, Senate vote on or in relation to Cassidy Amendment No. 2954, with a 60 vote affirmative threshold for adoption; that following disposition of Cassidy Amendment No. 2954, the substitute, Murkowski Amendment No. 2953, as amended, be agreed to, and that notwithstanding rule XXII, Senate vote on the motion to invoke cloture, upon reconsideration, on the bill, as amended, that if cloture is invoked, all post-cloture time be yielded back, and Senate vote on passage of the bill, as amended; and that budget points of order not be barred by virtue of this agreement.

Today:

  • The Senate stands adjourned until 9:30am on Thursday, April 14, 2016.
  • Following any Leader remarks, the Senate will resume consideration of Calendar #55, H.R.636, the legislative vehicle for the FAA reauthorization.
  • Unless an agreement is reached, at 10:30am the Senate will vote on the motion to invoke cloture on Thune amendment #3679 (substitute). If cloture is invoked, there will then be up to 30 hours of debate on the amendment. Cloture is also filed on the underlying bill.
  • Amendments pending to H.R.636, FAA Reauthorization:
    • Thune amendment #3679 (substitute)
    • Thune amendment #3680

 

Hearings Covered by W&J Today

 

House Natural Resources Committee
“Markup of Puerto Rico Oversight, Management, and Economic Stability Act”

House Energy and Commerce Committee
“Oversight of the National Highway Traffic Safety Administration”

House Financial Services Committee
“The JOBS Act at Four: Examining Its Impact and Proposals to Further Enhance Capital Formation”

House Ways and Means Committee
“The Tax Treatment of Health Care”

Senate Agriculture Committee
“CFTC Reauthorization Markup”

Senate Banking Committee
“Examining Current Trends and Changes in the Fixed-Income Markets”

House Veterans’ Affairs Committee
“Evaluating VA Information Technology”

Commission on Enhancing National Cybersecurity
Open Meeting

House Ways and Means Committee
“Miscellaneous Tariff Bill: Helping U.S. Manufacturers through Tax Cuts”

Senate Energy and Natural Sources
“Natural Gas Waste Reduction Rule”

 

Notable Legislation Introduced

 

ENERGY

H.R.4929: To amend the Department of Energy Organization Act to establish a biennial commission to develop a comprehensive energy policy for the United States.
Sponsor: Rep McKinley, David B. [WV-1] (introduced 4/13/2016) Cosponsors (1)
Committees: House Energy and Commerce
Latest Major Action: 4/13/2016 Referred to House committee. Status: Referred to the House Committee on Energy and Commerce.

S.2795: A bill to modernize the regulation of nuclear energy.
Sponsor: Sen Inhofe, James M. [OK] (introduced 4/13/2016) Cosponsors (3)
Committees: Senate Environment and Public Works
Latest Major Action: 4/13/2016 Referred to Senate committee. Status: Read twice and referred to the Committee on Environment and Public Works.

FINANCIAL SERVICES

S.2790: A bill to provide requirements for the appropriate Federal banking agencies when requesting or ordering a depository institution to terminate a specific customer account, to provide for additional requirements related to subpoenas issued under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and for other purposes.
Sponsor: Sen Cruz, Ted [TX] (introduced 4/13/2016) Cosponsors (3)
Committees: Senate Banking, Housing, and Urban Affairs
Latest Major Action: 4/13/2016 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

HEALTH

H.R.4931: To direct the Attorney General to establish a national pharmaceutical stewardship program to facilitate the collection and disposal of prescription medications.
Sponsor: Rep Slaughter, Louise McIntosh [NY-25] (introduced 4/13/2016) Cosponsors (None)
Committees: House Energy and Commerce
Latest Major Action: 4/13/2016 Referred to House committee. Status: Referred to the House Committee on Energy and Commerce.

S.2786: A bill to amend title XVIII of the Social Security Act to provide for payments for certain rural health clinic and Federally qualified health center services furnished to hospice patients under the Medicare program.
Sponsor: Sen Capito, Shelley Moore [WV] (introduced 4/13/2016) Cosponsors (1)
Committees: Senate Finance
Latest Major Action: 4/13/2016 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.

S.2787: A bill to amend title XIX of the Social Security Act to provide the same level of Federal matching assistance for every State that chooses to expand Medicaid coverage to newly eligible individuals, regardless of when such expansion takes place.
Sponsor: Sen Warner, Mark R. [VA] (introduced 4/13/2016) Cosponsors (7)
Committees: Senate Finance
Latest Major Action: 4/13/2016 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.

TAX

H.R.4934: To amend the Internal Revenue Code of 1986 to modify the excise tax on wine.
Sponsor: Rep Thompson, Mike [CA-5] (introduced 4/13/2016) Cosponsors (1)
Committees: House Ways and Means
Latest Major Action: 4/13/2016 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

TRANSPORTATION

H.R.4930: To ensure appropriate protections and redress for travelers, consistent with the transportation security and national security of the United States, and for other purposes.
Sponsor: Rep Ratcliffe, John [TX-4] (introduced 4/13/2016) Cosponsors (1)
Committees: House Judiciary
Latest Major Action: 4/13/2016 Referred to House committee. Status: Referred to the House Committee on the Judiciary.