Today’s Daily Update

TAKEAWAY: The House will convene to consider the Fiscal Responsibility Act (H.R. 3746),  the Equal Opportunity for All Investors Act of 2023 (H.R. 2797) and – Condemning the rise of antisemitism and calling on elected officials to identify and educate others on the contributions of the Jewish American community (H. Res. 382). The Senate will convene to consider the Student Loans CRA (H.J.Res.45). 

The HOUSE

Yesterday

H R 2796 – Promoting Opportunities for Non-Traditional Capital Formation Act
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 309 – 67 (Roll no. 240).

H R 2795 – Enhancing Multi-Class Share Disclosures Act
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 347 – 30 (Roll no. 239).

H R 2792 – Small Entity Update Act
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 367 – 8 (Roll no. 238).

Today

On Wednesday, the House will meet at 2:00 p.m. for legislative business. First votes expected: 3:30 p.m. Last votes expected: 8:30 p.m.

Legislation Considered Pursuant to a Rule:
H.R. 3746 – The Fiscal Responsibility Act (Closed Rule) (Sponsored by Rep. McHenry / Ways and Means Committee)

Postponed suspensions:
H.R. 2797 – Equal Opportunity for All Investors Act of 2023, as amended (Sponsored by Rep. Flood / Financial Services Committee)

H. Res. 382 – Condemning the rise of antisemitism and calling on elected officials to identify and educate others on the contributions of the Jewish American community, as amended (Sponsored by Rep. Wasserman Schultz / Judiciary Committee)

The SENATE

Yesterday

Roll Call Votes

  1. Confirmation of Executive Calendar #177 Darrel James Papillion, of Louisiana, to be United States District Judge for the Eastern District of Louisiana; confirmed: 59-31.

Today

The Senate stands in recess until 10:00am on Wednesday, May 31, 2023.

Following Leader remarks, the Senate will resume Executive Session.

The Senate will recess from 12:30pm until 2:15pm to allow for the weekly caucus meetings.

At 2:30pm, it will be in order for a motion to proceed to be made to H.J.Res.45, providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to “Waivers and Modifications of Federal Student Loans”.

At approximately 2:30pm, the Senate is expected to vote on the motion to proceed to H.J.Res.45.

If the motion to proceed is agreed to, the vote on passage of the joint resolution will be at a time to be determined by the Majority Leader following consultation with the Republican Leader on Thursday, June 1st.

Wednesday, May 31st expected at approx. 2:30pm – roll call vote:

  1. Motion to proceed to H.J.Res.45, Student Loans CRA

HEARINGS COVERED

Senate Banking, Housing and Urban Affairs Committee
“Countering China: Advancing U.S. National Security, Economic Security, and Foreign Policy.”

Senate Homeland Security and Government Affairs Committee
Subcommittee on Emerging Threats and Spending Oversight
Securing The Nation: Modernizing DHS’s Mission-Critical Legacy IT Systems

LEGISLATION INTRODUCED

Energy/ Environment

S.1760 — 118th Congress (2023-2024)
A bill to amend the Apex Project, Nevada Land Transfer and Authorization Act of 1989 to include the city of North Las Vegas, Nevada, and the Apex Industrial Park Owners Association, and for other purposes.
Sponsor: Cortez Masto, Catherine [Sen.-D-NV] (Introduced 05/30/2023) Cosponsors: (0)
Committees: Senate – Energy and Natural Resources
Latest Action: Senate – 05/30/2023 Read twice and referred to the Committee on Energy and Natural Resources.

H.R.3754 — 118th Congress (2023-2024)
To amend the Internal Revenue Code of 1986 to repeal certain credits relating to alternative fuel vehicles.
Sponsor: Perry, Scott [Rep.-R-PA-10] (Introduced 05/30/2023) Cosponsors: (4)
Committees: House – Ways and Means
Latest Action: House – 05/30/2023 Referred to the House Committee on Ways and Means.

H.R.3756 — 118th Congress (2023-2024)
To require the Secretary of the Interior and the Secretary of Agriculture to complete an interagency report on the effects of special recreation permits on environmental justice communities, and for other purposes.
Sponsor: Tlaib, Rashida [Rep.-D-MI-12] (Introduced 05/30/2023) Cosponsors: (1)
Committees: House – Natural Resources; Agriculture
Latest Action: House – 05/30/2023 Referred to the Committee on Natural Resources, and in addition to the Committee on Agriculture, 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.

Financial Services

S.1757 — 118th Congress (2023-2024)
A bill to amend the Internal Revenue Code of 1986 to exclude certain post-graduation scholarship grants from gross income in the same manner as qualified scholarships to promote economic growth.
Sponsor: Peters, Gary C. [Sen.-D-MI] (Introduced 05/30/2023) Cosponsors: (1)
Committees: Senate – Finance
Latest Action: Senate – 05/30/2023 Read twice and referred to the Committee on Finance.

S.1761 — 118th Congress (2023-2024)
A bill to amend the Internal Revenue Code of 1986 to modify the exception for de minimis payments by third party settlement organizations.
Sponsor: Brown, Sherrod [Sen.-D-OH] (Introduced 05/30/2023) Cosponsors: (1)
Committees: Senate – Finance
Latest Action: Senate – 05/30/2023 Read twice and referred to the Committee on Finance.

Health Care

S.1755 — 118th Congress (2023-2024)
A bill to amend title 10, United States Code, to extend the period during which certain survivors of a member of the Selected Reserve of the Ready Reserve of a reserve component of the Armed Forces are eligible for health benefits under TRICARE Reserve Select.
Sponsor: Blumenthal, Richard [Sen.-D-CT] (Introduced 05/30/2023) Cosponsors: (1)
Committees: Senate – Armed Services
Latest Action: Senate – 05/30/2023 Read twice and referred to the Committee on Armed Services.

H.R.3751 — 118th Congress (2023-2024)
To require the Secretary of Defense to submit a report on overdoses among members of the Armed Forces.
Sponsor: Moulton, Seth [Rep.-D-MA-6] (Introduced 05/30/2023) Cosponsors: (1)
Committees: House – Armed Services
Latest Action: House – 05/30/2023 Referred to the House Committee on Armed Services.

H.R.3751 — 118th Congress (2023-2024)
To require the Secretary of Defense to submit a report on overdoses among members of the Armed Forces.
Sponsor: Moulton, Seth [Rep.-D-MA-6] (Introduced 05/30/2023) Cosponsors: (1)
Committees: House – Armed Services
Latest Action: House – 05/30/2023 Referred to the House Committee on Armed Services.

H.R.3752 — 118th Congress (2023-2024)
To provide for civil monetary penalties for violations of mental health parity requirements.
Sponsor: Norcross, Donald [Rep.-D-NJ-1] (Introduced 05/30/2023) Cosponsors: (5)
Committees: House – Education and the Workforce
Latest Action: House – 05/30/2023 Referred to the House Committee on Education and the Workforce.

Tax

H.R.3749 — 118th Congress (2023-2024)
To amend the Internal Revenue Code of 1986 to modify the treatment of certain rents received by real estate investment trusts from related parties.
Sponsor: LaHood, Darin [Rep.-R-IL-16] (Introduced 05/30/2023) Cosponsors: (1)
Committees: House – Ways and Means
Latest Action: House – 05/30/2023 Referred to the House Committee on Ways and Means.

H.R.3750 — 118th Congress (2023-2024)
To provide a 1-week extension of the public debt limit.
Sponsor: Mills, Cory [Rep.-R-FL-7] (Introduced 05/30/2023) Cosponsors: (0)
Committees: House – Ways and Means
Latest Action: House – 05/30/2023 Referred to the House Committee on Ways and Means.