January 12, 2015 In this MegaVote for Illinois 15th Congressional District: Recent Congressional Votes • Senate: Terrorism Risk Insurance Program Reauthorization – Passage • House: Healthcare Employer Mandate – Passage • House: Keystone XL Pipeline – Passage Upcoming Congressional Bills • Senate: Keystone XL Pipeline Act • House: Promoting Job Creation and Reducing Small Business Burdens Act • House: Regulatory Accountability Act________________________________________ Recent Senate Votes Terrorism Risk Insurance Program Reauthorization – Passage - Vote Passed (93-4, 3 Not Voting) The Senate passed a bill that would extend the Terrorism Insurance Act for six years, through 2020, and raise the threshold of insured losses at which federal assistance kicks in, reducing the share of losses that federal assistance will cover and increasing the amounts that the government recoups from the insurance industry. It also would clarify that certain entities, or so-called end users, who trade in derivatives are not subject to margin requirements for those derivatives. Sen. Richard Durbin voted YES Sen. Mark Kirk voted YES ________________________________________ Recent House Votes Healthcare Employer Mandate – Passage - Vote Passed (252-172, 5 Not Voting) This bill would modify who is covered as a full-time employee under the employer mandate in the 2010 health care law by replacing the 30 hour-a-week threshold with 40 hours per week. It also would change how companies calculate how many of their employees can be counted under the employer mandates’ 50-employee threshold. Rep. John Shimkus voted YES ________________________________________ Keystone XL Pipeline – Passage - Vote Passed (266-153, 1 Present, 9 Not Voting) The House passed a bill that would immediately allow TransCanada to construct, connect, operate and maintain the pipeline and cross-border facilities known as the Keystone XL pipeline, including any revision to the pipeline route within Nebraska as required or authorized by the state. It also would consider the January 2014 environmental impact statement issued by the State Department sufficient to satisfy all requirements of the National Environmental Policy Act and the Endangered Species Act. Rep. John Shimkus voted YES ________________________________________ Upcoming Votes Keystone XL Pipeline Act - S.1 The bill would approve the Keystone XL Pipeline. ________________________________________ Promoting Job Creation and Reducing Small Business Burdens Act - H.R.37 The bill would make technical corrections to the Dodd-Frank Wall Street Reform and Consumer Protection Act, to enhance the ability of small and emerging growth companies to access capital through public and private markets, to reduce regulatory burdens, and for other purposes. ________________________________________ Regulatory Accountability Act - H.R.185 The bill would reform the process by which Federal agencies analyze and formulate new regulations and guidance documents. ________________________________________
Posted on: Fri, 16 Jan 2015 00:01:39 +0000
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