Today’s Daily Update

TAKEAWAY: The House is not in session. The Senate is not in session.

The HOUSE

Yesterday

The House was not in session.

Today

The House is not in session.

The SENATE

Yesterday

The Senate convened in a pro forma session.  

Today

The Senate is not in session.

LEGISLATION INTRODUCED

Energy/ Environment

H.R.2596 — 118th Congress (2023-2024)
To prohibit natural gas price gouging after a disaster, and for other purposes.
Sponsor: Harder, Josh [Rep.-D-CA-9] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Energy and Commerce
Latest Action: House – 04/13/2023 Referred to the House Committee on Energy and Commerce.

Financial Services

H.R.2576 — 118th Congress (2023-2024)
To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities.
Sponsor: Williams, Roger [Rep.-R-TX-25] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2578 — 118th Congress (2023-2024)
To amend the Investment Advisers Act of 1940 to increase the exemption from registration threshold for certain investment advisers of private funds to reflect the change in inflation.
Sponsor: Barr, Andy [Rep.-R-KY-6] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2579 — 118th Congress (2023-2024)
To require the Securities and Exchange Commission to revise the definition of a qualifying investment, for purposes of the exemption from registration for venture capital fund advisers under the Investment Advisers Act of 1940, to include an equity security issued by a qualifying portfolio company and to include an investment in another venture capital fund, and for other purposes.
Sponsor: Barr, Andy [Rep.-R-KY-6] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2590 — 118th Congress (2023-2024)
To amend the Securities Exchange Act of 1934 to create a safe harbor for finders and private placement brokers, and for other purposes.
Sponsor: Garbarino, Andrew R. [Rep.-R-NY-2] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2593 — 118th Congress (2023-2024)
To create an interdivisional taskforce at the Securities and Exchange Commission for senior investors.
Sponsor: Gottheimer, Josh [Rep.-D-NJ-5] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2603 — 118th Congress (2023-2024)
To require the Securities and Exchange Commission to revise certain thresholds related to smaller reporting companies, accelerated filers, and large accelerated filers, and for other purposes.
Sponsor: Luetkemeyer, Blaine [Rep.-R-MO-3] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2605 — 118th Congress (2023-2024)
To amend the Securities Exchange Act of 1934 to exclude qualified institutional buyers and institutional accredited investors when calculating holders of a security for purposes of the mandatory registration threshold under such Act, and for other purposes.
Sponsor: McHenry, Patrick T. [Rep.-R-NC-10] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2606 — 118th Congress (2023-2024)
To require auditor independence standards of the Public Company Accounting Oversight Board and the Securities and Exchange Commission applicable to past audits of a company occurring before it was a public company to treat an auditor as independent if the auditor meets established professional standards, and for other purposes.
Sponsor: McHenry, Patrick T. [Rep.-R-NC-10] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2607 — 118th Congress (2023-2024)
To amend the Securities Act of 1933 to preempt State securities law requiring registration for secondary transactions, and for other purposes.
Sponsor: McHenry, Patrick T. [Rep.-R-NC-10] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2608 — 118th Congress (2023-2024)
To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.
Sponsor: McHenry, Patrick T. [Rep.-R-NC-10] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2609 — 118th Congress (2023-2024)
To amend the Securities Act of 1933 to provide small issuers with a micro-offering exemption free of mandated disclosures or offering filings, but subject to the antifraud provisions of the Federal securities laws, and for other purposes.
Sponsor: McHenry, Patrick T. [Rep.-R-NC-10] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services

H.R.2610 — 118th Congress (2023-2024)
To amend the Securities Exchange Act of 1934 to specify certain registration statement contents for emerging growth companies, to permit issuers to file draft registration statements with the Securities and Exchange Commission for confidential review, and for other purposes.
Sponsor: McHenry, Patrick T. [Rep.-R-NC-10] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2612 — 118th Congress (2023-2024)
To require the Securities and Exchange Commission to extend exemptions for securities offered as part of employee pay to other individuals providing goods for sale, labor, or services for remuneration, to preempt certain provisions of State law with respect to wage rates and benefits, and for other purposes.
Sponsor: McHenry, Patrick T. [Rep.-R-NC-10] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services; Education and the Workforce
Latest Action: House – 04/13/2023 Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker

H.R.2622 — 118th Congress (2023-2024)
To amend the Investment Advisers Act of 1940 to codify certain Securities and Exchange Commission no-action letters that exclude brokers and dealers compensated for certain research services from the definition of investment adviser, and for other purposes.
Sponsor: Sessions, Pete [Rep.-R-TX-17] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2624 — 118th Congress (2023-2024)
To update the definition of an emerging growth company, and for other purposes.
Sponsor: Steil, Bryan [Rep.-R-WI-1] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2625 — 118th Congress (2023-2024)
To lower the aggregate market value of voting and non-voting common equity necessary for an issuer to qualify as a well-known seasoned issuer.
Sponsor: Steil, Bryan [Rep.-R-WI-1] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

H.R.2627 — 118th Congress (2023-2024)
To amend the Investment Company Act of 1940 to prohibit limitations on closed-end companies investing in private funds, and for other purposes.
Sponsor: Wagner, Ann [Rep.-R-MO-2] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Financial Services
Latest Action: House – 04/13/2023 Referred to the House Committee on Financial Services.

Health Care

H.R.2583 — 118th Congress (2023-2024)
To amend title XVIII of the Social Security Act to expand and expedite access to cardiac rehabilitation programs and pulmonary rehabilitation programs under the Medicare program, and for other purposes.
Sponsor: Blunt Rochester, Lisa [Rep.-D-DE-At Large] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Energy and Commerce; Ways and Means
Latest Action: House – 04/13/2023 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

H.R.2600 — 118th Congress (2023-2024)
To amend title XIX of the Social Security Act to ensure the equitable treatment of political subdivisions contributing to State expenditures under the Medicaid program.
Sponsor: Langworthy, Nicholas A. [Rep.-R-NY-23] (Introduced 04/13/2023) Cosponsors: (2)
Committees: House – Energy and Commerce
Latest Action: House – 04/13/2023 Referred to the House Committee on Energy and Commerce.

H.R.2616 — 118th Congress (2023-2024)
To establish a National Center to Stop the Import of Illicit Synthetic Drugs.
Sponsor: Pettersen, Brittany [Rep.-D-CO-7] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Judiciary
Latest Action: House – 04/13/2023 Referred to the House Committee on the Judiciary.

H.R.2630 — 118th Congress (2023-2024)
To amend the Employee Retirement Income Security Act of 1974 to require a group health plan or health insurance coverage offered in connection with such a plan to provide an exceptions process for any medication step therapy protocol, and for other purposes.
Sponsor: Wenstrup, Brad R. [Rep.-R-OH-2] (Introduced 04/13/2023) Cosponsors: (5)
Committees: House – Education and the Workforce
Latest Action: House – 04/13/2023 Referred to the House Committee on Education and the Workforce.

Sanctions and Trade

H.R.2586 — 118th Congress (2023-2024)
To amend title 46, United States Code, to exempt certain noncontiguous trade from the coastwise laws.
Sponsor: Case, Ed [Rep.-D-HI-1] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Transportation and Infrastructure
Latest Action: House – 04/13/2023 Referred to the House Committee on Transportation and Infrastructure.

H.R.2587 — 118th Congress (2023-2024)
To provide a definition of reasonable rate for noncontiguous domestic ocean trade, and for other purposes.
Sponsor: Case, Ed [Rep.-D-HI-1] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Transportation and Infrastructure
Latest Action: House – 04/13/2023 Referred to the House Committee on Transportation and Infrastructure.

H.R.2588 — 118th Congress (2023-2024)
To amend title 46, United States Code, to allow transportation of merchandise in noncontiguous trade on foreign-flag vessels, and for other purposes.
Sponsor: Case, Ed [Rep.-D-HI-1] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Transportation and Infrastructure; Education and the Workforce
Latest Action: House – 04/13/2023 Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker

H.R.2594 — 118th Congress (2023-2024)
To control the export to the People’s Republic of China of certain technology and intellectual property important to the national interest of the United States, and for other purposes.
Sponsor: Green, Mark E. [Rep.-R-TN-7] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Foreign Affairs; Ways and Means
Latest Action: House – 04/13/2023 Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker

Tax

H.R.2575 — 118th Congress (2023-2024)
To amend the Internal Revenue Code of 1986 to provide a partially refundable credit against payroll taxes for certain restaurants affected by the COVID-19 pandemic.
Sponsor: Blumenauer, Earl [Rep.-D-OR-3] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Ways and Means
Latest Action: House – 04/13/2023 Referred to the House Committee on Ways and Means.

H.R.2615 — 118th Congress (2023-2024)
To amend the Internal Revenue Code of 1986 to exclude PFAS remediation reimbursements from gross income.
Sponsor: Pappas, Chris [Rep.-D-NH-1] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Ways and Means
Latest Action: House – 04/13/2023 Referred to the House Committee on Ways and Means.

H.R.2619 — 118th Congress (2023-2024)
To amend the Internal Revenue Code of 1986 to provide a lookback rule in the case of certain Federally declared disasters for amounts related to earned income for purposes of determining certain tax credits.
Sponsor: Porter, Katie [Rep.-D-CA-47] (Introduced 04/13/2023) Cosponsors: (3)
Committees: House – Ways and Means
Latest Action: House – 04/13/2023 Referred to the House Committee on Ways and Means.

H.R.2628 — 118th Congress (2023-2024)
To amend the Internal Revenue Code of 1986 to deny the deduction for executive compensation unless the employer maintains profit-sharing distributions for employees.
Sponsor: Watson Coleman, Bonnie [Rep.-D-NJ-12] (Introduced 04/13/2023) Cosponsors: (3)
Committees: House – Ways and Means
Latest Action: House – 04/13/2023 Referred to the House Committee on Ways and Means.

Transportation

H.R.2585 — 118th Congress (2023-2024)
To require the Administrator of the Federal Aviation Administration to establish an air tour management plan for certain areas of Hawaii, and for other purposes.
Sponsor: Case, Ed [Rep.-D-HI-1] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Transportation and Infrastructure
Latest Action: House – 04/13/2023 Referred to the House Committee on Transportation and Infrastructure.

H.R.2613 — 118th Congress (2023-2024)
To amend title 49, United States Code, to require that a voluntary agreement with respect to commercial air tour operations over a national park considers the well being of communities overflown by aircraft involved in such operations, and for other purposes.
Sponsor: Menendez, Robert [Rep.-D-NJ-8] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Transportation and Infrastructure
Latest Action: House – 04/13/2023 Referred to the House Committee on Transportation and Infrastructure.

H.R.2617 — 118th Congress (2023-2024)
To amend title 49, United States Code, to require air carriers to provide passengers experiencing a delay or cancellation with alternative transportation on another air carrier.
Sponsor: Porter, Katie [Rep.-D-CA-47] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Transportation and Infrastructure
Latest Action: House – 04/13/2023 Referred to the House Committee on Transportation and Infrastructure.

H.R.2618 — 118th Congress (2023-2024)
To require the Comptroller General of the United States to conduct a study on the response time of the Administrator of the Federal Aviation Administration to requests from Members of Congress, and for other purposes.
Sponsor: Porter, Katie [Rep.-D-CA-47] (Introduced 04/13/2023) Cosponsors: (0)
Committees: House – Transportation and Infrastructure
Latest Action: House – 04/13/2023 Referred to the House Committee on Transportation and Infrastructure.

H.R.2623 — 118th Congress (2023-2024)
To require that certain actions taken by the Secretary of Defense be treated as an eligible transportation project, and for other purposes.
Sponsor: Slotkin, Elissa [Rep.-D-MI-7] (Introduced 04/13/2023) Cosponsors: (5)
Committees: House – Natural Resources
Latest Action: House – 04/13/2023 Referred to the House Committee on Natural Resources.

H.R.2626 — 118th Congress (2023-2024)
To reform Federal Aviation Administration safety requirements for commercial air tour operators, and for other purposes.
Sponsor: Tokuda, Jill N. [Rep.-D-HI-2] (Introduced 04/13/2023) Cosponsors: (1)
Committees: House – Transportation and Infrastructure
Latest Action: House – 04/13/2023 Referred to the House Committee on Transportation and Infrastructure.