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Vol. 14 No. 2-22
Spending Battles: As appropriations subcommittees across Capitol Hill marked up spending bills for the coming year, Sen. George Voinovich (R-OH) told Congress the nation is in an “emergency” situation because of the growing and unsustainable national debt. Appropriations Chairman Daniel Inouye (D-HI) proposed caps for individual bills and an overall discretionary spending cap. Neither a budget nor a deeming resolution has been adopted by the Senate.
Oil Spill Bills: A flurry of spill-related measures are being drafted in both chambers. Offshore drilling requirements would call for the Interior Department to perform increased inspections. A competing bill would assign similar powers to the Coast Guard. (H.R. 3534) (H.R.5629)
Improper Payments: The House cleared a bill that aims to reduce the amount of improper payments federal programs make for goods and services. The Office of Management and Budget estimates that $98 billion in improper payments were made in fiscal 2009, and the Government Accountability Office estimated that $72 billion in improper payments were made in 2008. New inspection and report regulations would apply. (S.1508)
Child Nutrition: A child nutrition bill that would increase spending on food programs for infants and youth by $8 billion over a decade has advanced out of a House committee. (H.R.5504)
Flood Insurance Reform Act: The House passed a bill that would extend the maximum amount of severe repetitive loss insurance coverage available. (H.R.5114)
Afghanistan Funding: After receiving reports that billions of taxpayers’ dollars are being shipped out of Afghanistan, rather than being used to rebuild the country, lawmakers attended the first in a series of hearings with the special inspector general for Afghanistan reconstruction. In a supplemental spending bill, the Obama administration requested $3.9 billion for foreign assistance to Afghanistan for fiscal 2011. (H.R.4899)
Estate Tax: With the idea of a less burdensome estate tax in mind, senators Blanche Lincoln (D-AR) and John Kyl (R-AZ) are drafting a proposal to replace the version that expired last year. They are expected to attach it to a small-business lending bill that is currently awaiting Senate action. The measure would gradually drop the top estate tax rate to 35 percent, set the per-person exemption at $5 million and index it to inflation. (H.R.5297)
Unemployment Benefits: The Senate is expected to try again to pass a $34 billion extension of unemployment benefits on July 20, assuming a new West Virginia senator is in place by then. Gov. Joe Manchin is due to appoint an interim replacement for the late Democratic Sen. Robert Byrd by the end of the week. (H.R. 4213)
War Supplemental: A dozen GOP members in the Senate helped Democrats pass a $58.8 billion supplemental war funding bill in May, but they have not lent their support to the $22.8 billion version of the supplemental the House passed earlier this month. The House bill included $10 billion in emergency aid to prevent the expected layoffs of about 138,000 school employees. (H.R.4899)
The Week Ahead: The Senate is expected to continue work on unemployment benefits and the House will address the oil spill related bills.
You can't forget local government, either. Last week, the City Council in Cedar Rapids passed on the 2Nd and 3Rd reading for a new Chapter 29 of the Municipal Code. Now, in Cedar Rapids, the City will mandate property owners to use an agreement or addendum contract on Crime Free housing, if they are involved in renting a home, room or an apartment.
This is an interesting move by the City of Cedar Rapids. Most cities recommend use of a Crime Free Lease Addendum or Agreement, but this is a requirement on any property, not just multi-family. It would include your own personal home, assuming you want to rent it out. This can be the case, which some have found the case for financial reasons from time to time.
It will be a violation of Chapter 29 ordinance, if you do not use the City's mandated contract. The contract is between private parties and not the City, so many may find this unusual on there personal single family property. It is a City mandated contract between property owner/agent/landlord and the tenants, respectively.
Vol. 14 No. 2-22
Monday, July 19, 2010
REVIEW
Financial Overhaul: The Senate gave final approval to the financial overhaul bill last week. By a vote of 60-39 lawmakers adopted the conference report on the measure. This action sends the bill to President Obama, who is expected to sign it into law this week. The bill is designed to prevent a repeat of the near-collapse of the financial system in 2008 that triggered a global recession. (H.R.4173)
Spending Battles: As appropriations subcommittees across Capitol Hill marked up spending bills for the coming year, Sen. George Voinovich (R-OH) told Congress the nation is in an “emergency” situation because of the growing and unsustainable national debt. Appropriations Chairman Daniel Inouye (D-HI) proposed caps for individual bills and an overall discretionary spending cap. Neither a budget nor a deeming resolution has been adopted by the Senate.
Oil Spill Bills: A flurry of spill-related measures are being drafted in both chambers. Offshore drilling requirements would call for the Interior Department to perform increased inspections. A competing bill would assign similar powers to the Coast Guard. (H.R. 3534) (H.R.5629)
Improper Payments: The House cleared a bill that aims to reduce the amount of improper payments federal programs make for goods and services. The Office of Management and Budget estimates that $98 billion in improper payments were made in fiscal 2009, and the Government Accountability Office estimated that $72 billion in improper payments were made in 2008. New inspection and report regulations would apply. (S.1508)
Child Nutrition: A child nutrition bill that would increase spending on food programs for infants and youth by $8 billion over a decade has advanced out of a House committee. (H.R.5504)
Flood Insurance Reform Act: The House passed a bill that would extend the maximum amount of severe repetitive loss insurance coverage available. (H.R.5114)
Afghanistan Funding: After receiving reports that billions of taxpayers’ dollars are being shipped out of Afghanistan, rather than being used to rebuild the country, lawmakers attended the first in a series of hearings with the special inspector general for Afghanistan reconstruction. In a supplemental spending bill, the Obama administration requested $3.9 billion for foreign assistance to Afghanistan for fiscal 2011. (H.R.4899)
PREVIEW
Unemployment Benefits: The Senate is expected to try again to pass a $34 billion extension of unemployment benefits on July 20, assuming a new West Virginia senator is in place by then. Gov. Joe Manchin is due to appoint an interim replacement for the late Democratic Sen. Robert Byrd by the end of the week. (H.R. 4213)
War Supplemental: A dozen GOP members in the Senate helped Democrats pass a $58.8 billion supplemental war funding bill in May, but they have not lent their support to the $22.8 billion version of the supplemental the House passed earlier this month. The House bill included $10 billion in emergency aid to prevent the expected layoffs of about 138,000 school employees. (H.R.4899)
The Week Ahead: The Senate is expected to continue work on unemployment benefits and the House will address the oil spill related bills.
You can't forget local government, either. Last week, the City Council in Cedar Rapids passed on the 2Nd and 3Rd reading for a new Chapter 29 of the Municipal Code. Now, in Cedar Rapids, the City will mandate property owners to use an agreement or addendum contract on Crime Free housing, if they are involved in renting a home, room or an apartment.This is an interesting move by the City of Cedar Rapids. Most cities recommend use of a Crime Free Lease Addendum or Agreement, but this is a requirement on any property, not just multi-family. It would include your own personal home, assuming you want to rent it out. This can be the case, which some have found the case for financial reasons from time to time.
It will be a violation of Chapter 29 ordinance, if you do not use the City's mandated contract. The contract is between private parties and not the City, so many may find this unusual on there personal single family property. It is a City mandated contract between property owner/agent/landlord and the tenants, respectively.
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