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Monday, April 26, 2010

The R&P Report on Current Federal Legislation for the week of April 26, 2010 ...


We received the following R&P Report from National Write Your Congressman ...

Vol. 14 No. 2-12
Monday, April 26, 2010

REVIEW

Unemployment Package: Senate Democrats won a key test in their push to extend unemployment benefits and several other recently lapsed federal programs in an extension bill. After hitting a procedural snag earlier in the day, the Senate voted 60-40 to advance the bill that would extend programs for an additional month. Only four Republicans voted in favor of the bill. Offsetting costs is a point of contention.(H.R.4851)

Republican Appointment: Senate Minority Leader Mitch McConnell (R-KY) appointed Sen. Kay Bailey Hutchison (R-TX) to serve as counsel to the Republican Senate leadership team.

Campaign Finance Bill: With their campaign finance bill due to be introduced in coming days, House Democrats revealed details of how they plan to promote the bill. It is expected to increase campaign finance disclosure, political coordination and disclaimer requirements, while imposing new limits on political involvement by government contractors and foreign governments.

Financial Services Overhaul: Although the gulf between Democrats and Republicans over how to revamp the nation’s oversight of financial services appears to be growing, Senate Majority Leader Harry Reid is moving overhaul legislation to the floor. Republicans immediately objected to the motion to consider the legislation. Sen. Reid responded by scheduling April 26 as the day to cast a vote on the motion to proceed. The GOP has vowed to block that. (
S.3217)

Immigration: As midterm elections approach, lawmakers are under constituent pressure to show progress on an immigration overhaul. Including a path toward citizenship for undocumented immigrants that is viewed as a way to avoid the risk of alienating Latino voters, a constituency whose turnout is expected to prove pivotal in states such as Nevada, where Senate Majority Leader Harry Reid faces a tough re-election race.

Climate Change Measure: Authors of a Senate climate change draft bill are attempting to rewrite a core section addressing transportation sector emissions, raising doubts that the long-awaited unveiling will proceed as scheduled this week.

The section being revised was decided upon after numerous meetings with representatives of oil and gas companies. It would have imposed a fee on petroleum-based motor fuels linked to the amount of carbon in the fuel and other elements. The fee would be added to the price of fuel at the pump. New language could include expanding nuclear power.


PREVIEW

Tax Writers and S Corporations: Lawmakers looking for revenue to offset the costs in a tax bill are taking a close look at certain types of small businesses. They are considering a provision that would make it harder for owners of those companies to avoid paying employment taxes.

A similar provision that would have affected companies organized as S corporations was included in a 2007 proposal. That provision would have required employees who are also owners of service businesses to pay self-employment taxes on their profits. (
H.R. 4213)
To voice your opinion on this issue, go to www.nwyc.com.

Financial Services: The House Financial Services Committee is expected to approve higher premium limits for the Federal Housing Administration (FHA) in an effort to secure the mortgage insurer’s long-term financial solvency. The bill considered by the panel would allow the FHA to raise the maximum allowable annual mortgage insurance premium on loans that it guarantees. (
H.R.5027)

The Week Ahead: The Senate is scheduled to take up a financial regulatory overhaul bill. The House is expected to consider bills dealing with misspent federal funds, overhauling the Pentagon’s acquisition system, and Puerto Rico’s political status.

Click here to view the R&P Report as a PDF

In District 2 Iowa news ,,,
The Democrat and Republican parties in Iowa both conducted district conventions for the 2Nd Congressional District in the State of Iowa at separate locations in Fairfield on Saturday, April 24Th. Both parties elected members of to each party's State Central Committee and major candidates for various Statewide and District offices addressed the delegates, along with the party chairs for each party.

Delegates for each party will also attend State conventions in June, after the June 8, 2010 primary election for both major parties in the State of Iowa. The Democrats will conduct their State Convention on June 12Th, while the Republicans will hold their State Convention on June 26Th in Des Moines.

1 comment:

Robin B. Tucker said...

We were very pleased with Dr. Mariannette Miller-Meeks and her address in Fairfield on Saturday.

She is seeking the Republican Nomination for 2Nd District House for the State of Iowa.

We would encourage you to visit wtih her and visit her web site at http://millermeeks.com ...