Mid-Week Update, July 11
Mid-week Update, July 11
Here's the mid-week update from our Hill Sources.
- HR 6079 The Repeal of Obamacare Act, from House Majority Leader Eric Cantor (R-Va.): The House debated this bill Tuesday, and after a bit more discussion, approved it on Wednesday in a 244-185 vote. Five Democrats joined Republicans in the final vote.
The bill is essentially dead once the House passes it, as the Democratic Senate will not take it up. But the GOP has insisted on a vote after the Supreme Court ruling in favor of the healthcare law in late June.
- S 2237 The Small Business Jobs and Tax Relief Act: This bill cleared a procedural hurdle Tuesday, and the Senate seems likely to formally proceed to the bill sometime on Thursday.
The bill would give companies a tax break of up to $500,000 if they spend $5 million more on salaries this year than they did last year. Senate Democrats have put forward this bill as a way to reward companies that add workers to their payrolls this year.
The House has passed several other bills this week:
- HR 4114 The Veterans' Compensation Cost-of-Living Adjustment Act, which boosts compensation rates for disabled veterans.
- HR 4155 The Veteran Skills to Jobs Act, which would ease training requirements for veterans seeking federal jobs.
- HR 4367 To amend the Electronic Fund Transfer Act. This bill eliminates the requirement that ATM machines bear a physical label warning of possible fees. Banks say people have scrapped off these stickers and then sued financial institutions under a law that allows for fines of up to $500,000 per violation.
- HR 5892 The Hydropower Regulatory Efficiency Act, which is aimed at encouraging the development of small hydropower plants.
- S 2061 The Former Charleston Naval Base Land Exchange Act, which facilitates a land exchange between the federal government and South Carolina.
Please keep in mind that highlighting a bill doesn't imply a POPVOX endorsement in any way. Rather, we're simply trying to offer one more way to stay informed of an overwhelmingly complex legislative system.