Today’s Daily Update

The House will consider H.R. 2666 – No Rate Regulation of Broadband Internet Access Act.

House

 

Yesterday:

  • Unanimous Consent Agreement: Agreed by unanimous consent that the question of adopting amendment No. 1 on H.R. 3791 may be subject to postponement as though under clause 8 of rule 20.
  • Raising the consolidated assets threshold under the small bank holding company policy statement: The House passed H.R. 3791, to raise the consolidated assets threshold under the small bank holding company policy statement, by a yea-and-nay vote of 247 yeas to 171 nays, Roll No. 149.
  • Agreed to table the appeal of the ruling of the chair on a point of order sustained against the Moore 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 recorded vote of 241 ayes to 177 noes, Roll No. 148.
    • Rejected:
      • Kelly (IL) amendment (No. 1 printed in part B of H. Rept. 114-489) that sought to limit the asset threshold increase to $5 billion for bank holding companies and savings and loan holding companies which have submitted to the Board of Governors of the Federal Reserve System a credible plan to expand access to banking accounts and services, consumer and small business credit products, and bank branches in rural, low-income, minority, and otherwise under-served communities (by a yea-and-nay vote of 165 yeas to 253 nays, Roll No. 147).
    • H. Res. 671, the rule providing for consideration of the bills (H.R. 3340) and (H.R. 3791) was agreed to yesterday, April 13th.
  • Financial Stability Oversight Council Reform Act: The House passed H.R. 3340, to place the Financial Stability Oversight Council and the Office of Financial Research under the regular appropriations process, and to provide for certain quarterly reporting and public notice and comment requirements for the Office of Financial Research, by a yea-and-nay vote of 239 yeas to 179 nays, Roll No. 146.
  • Agreed to table the appeal of the ruling of the chair on a point of order sustained against the Moore 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 239 yeas to 176 nays, Roll No. 145.
  • Pursuant to the Rule, the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill shall be considered as adopted.
    • Agreed to:
      • Royce amendment (No. 1 printed in part A of H. Rept. 114-489) that requires the Office of Financial Research (OFR) of the Department of the Treasury to publish an annual work plan, develop and implement a cybersecurity plan, and collaborate with relevant regulatory agencies when preparing public reports, which shall also be subject to public notice and comment.
    • H. Res. 671, the rule providing for consideration of the bills (H.R. 3340) and (H.R. 3791) was agreed to yesterday, April 13th.

Today:

  • On Friday, the House will meet at 9:00 a.m. for legislative business. First and last votes expected: 10:30-11:30 a.m.
  • H.R. 2666 – No Rate Regulation of Broadband Internet Access Act (Structured Rule) (Sponsored by Rep. Adam Kinzinger / Energy and Commerce Committee)
    • The Rule provides for one hour of general debate and makes in order the following amendments:
      • Rep. Mike Doyle Amendment (10 minutes of debate)
      • Reps. Lujan / Pallone / Yarmuth / Clarke Amendment (10 minutes of debate)
      • Rep. Jerry McNerney Amendment (10 minutes of debate)

 

Senate

 

Yesterday:

  • Measures Considered:
  • Energy and Water Development and Related Agencies Appropriations Act–Agreement: Senate began consideration of the motion to proceed to consideration of H.R. 2028, making appropriations for energy and water development and related agencies for the fiscal year ending September 30, 2016.
  • A motion was entered to close further debate on the motion to proceed to consideration of the bill, and, in accordance with the provisions of rule XXII of the Standing Rules of the Senate, a vote on cloture will occur upon disposition of H.R. 636, to amend the Internal Revenue Code of 1986 to permanently extend increased expensing limitations.
  • A unanimous-consent agreement was reached providing that Friday, April 15, 2016, count as the intervening day with respect to the cloture motion on the motion to proceed to consideration of the bill.
  • 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.
    • During consideration of this measure today, Senate also took the following action:
      • By 94 yeas to 4 nays (Vote No. 45), three-fifths of those Senators duly chosen and sworn, having voted in the affirmative, Senate agreed to the motion to close further debate on McConnell (for Thune/Nelson) Amendment No. 3679 (listed above).
      • A unanimous-consent agreement was reached providing that at 5:30 p.m., on Monday, April 18, 2016, notwithstanding rule XXII, Thune Amendment No. 3680 (to Amendment No. 3679) (listed above) be agreed to, McConnell (for Thune/Nelson) Amendment No. 3679, as amended, be agreed to, and Senate vote on the motion to invoke cloture on the bill.
      • A unanimous-consent agreement was reached providing that at approximately 3 p.m., on Monday, April 18, 2016, Senate resume consideration of the bill.

Today:

  • The Senate is not in session.

 

Hearings Covered by W&J Today

 

House Energy and Commerce Committee
“Unlawful Reinsurance Payments: CMS Diverting $3.5 Billion From Taxpayers to Pay Insurance Companies”

Alliance for Health Reform
“Value-Based Pricing for Prescription Drugs: Opportunities and Challenges”

House Science, Space and Technology Committee
“Protecting Taxpayer’s Personal Information”

House Transportation and Infrastructure Committee
“Electric Grid Security”

House Judiciary Committee
“International Trade Commission Patent Litigation”

House Education and Workforce Committee
“Innovations in Health Care: Exploring Free-Market Solutions for a Healthy Workforce”

Notable Legislation Introduced

 

ENERGY

H.R.4937: To amend title 49, United States Code, to reauthorize pipeline safety programs and enhance pipeline safety, and for other purposes.
Sponsor: Rep Denham, Jeff [CA-10] (introduced 4/14/2016) Cosponsors (3)
Committees: House Transportation and Infrastructure; House Energy and Commerce
Latest Major Action: 4/14/2016 Referred to House committee. Status: Referred to the Committee on Transportation and Infrastructure, 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.2804: An original bill making appropriations for energy and water development and related agencies for the fiscal year ending September 30, 2017, and for other purposes.
Sponsor: Sen Alexander, Lamar [TN] (introduced 4/14/2016) Cosponsors (None)
Committees: Senate Appropriations
Senate Reports: 114-236
Latest Major Action: 4/14/2016 Placed on Senate Legislative Calendar under General Orders. Calendar No. 420.

FINANCIAL SERVICES

H.R.4947: To establish a program to provide reinsurance for State natural catastrophe insurance programs to help the United States better prepare for and protect its citizens against the ravages of natural catastrophes, to encourage and promote mitigation and prevention for, and recovery and rebuilding from such catastrophes, and to better assist in the financial recovery from such catastrophes.
Sponsor: Rep Jolly, David W. [FL-13] (introduced 4/14/2016) Cosponsors (None)
Committees: House Financial Services
Latest Major Action: 4/14/2016 Referred to House committee. Status: Referred to the House Committee on Financial Services.

H.R.4950: To establish advisory committees within the Department of the Treasury, and for other purposes.
Sponsor: Rep Quigley, Mike [IL-5] (introduced 4/14/2016) Cosponsors (1)
Committees: House Financial Services
Latest Major Action: 4/14/2016 Referred to House committee. Status: Referred to the House Committee on Financial Services.

HEALTH

S.2799: A bill to require the Secretary of Health and Human Services to develop a voluntary patient registry to collect data on cancer incidence among firefighters.
Sponsor: Sen Menendez, Robert [NJ] (introduced 4/14/2016) Cosponsors (13)
Committees: Senate Health, Education, Labor, and Pensions
Latest Major Action: 4/14/2016 Referred to Senate committee. Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.2803: A bill to require the Secretary of Health and Human Services to deposit certain funds into the general fund of the Treasury in accordance with provisions of Federal law with regard to the Patient Protection and Affordable Care Act’s Transitional Reinsurance Program.
Sponsor: Sen Sasse, Ben [NE] (introduced 4/14/2016) Cosponsors (None)
Committees: Senate Health, Education, Labor, and Pensions
Latest Major Action: 4/14/2016 Referred to Senate committee. Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

TAX

H.R.4946: To amend the Internal Revenue Code of 1986 to provide for an increase in the earned income tax credit for individuals with no qualifying children, and for other purposes.
Sponsor: Rep Coffman, Mike [CO-6] (introduced 4/14/2016) Cosponsors (2)
Committees: House Ways and Means
Latest Major Action: 4/14/2016 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

H.R.4948: To amend the Internal Revenue Code of 1986 to provide that a deduction equal to fair market value shall be allowed for charitable contributions of literary, musical, artistic, or scholarly compositions created by the donor.
Sponsor: Rep Lewis, John [GA-5] (introduced 4/14/2016) Cosponsors (1)
Committees: House Ways and Means
Latest Major Action: 4/14/2016 Referred to House committee. Status: Referred to the House Committee on Ways and Means.

 

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