The Senate will begin the pre-debate on consideration of HR
636 today. The bill passed by the House as the America's Small Business Tax
Relief Act of 2015 will be used as the
vehicle for a long-term reauthorization bill for the Federal Aviation
Administration (FAA).
The details on the language that will be substituted for the
House bill are still being developed. It will be based upon the version of S
2658 that was marked up last month in the Commerce, Science and Transportation
Committee, but there will almost certainly be additional items added to that
language before it is offered, probably today. The language on cybersecurity
and critical
infrastructure overflights that I reported on earlier will almost certainly
remain in the substitute language, though modifications are possible.
Many observers believe that this may be the last major piece
of legislation that will be passed by Congress before the elections. As such it
is sure to attract an extensive amendment process on the floor of the Senate. Only
two proposed amendments have been published to date, but that will certainly
change today.
One issue that has been holding up the publication of the
substitute amendment has been the extension
of tax breaks for some forms of renewable energy that were overlooked last
year in the spending bill. This is one of the reasons that HR 636 will be used
as the ‘vehicle’ for this bill instead of considering S 2658; tax related bills
must originate in the House.
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2 comments:
You indicate "Many observers believe that this may be the last major piece of legislation that will be passed by Congress before the elections." Was wondering if you could elaborate? I wonder if you have been following the TSCA bill and think that's in the not-passed category?
This has been reported by at least two news organizations, including the Hill article that I linked to in the post. TSCA is a big thing for the chemical industry and various activist groups, but I'm not sure that it counts as 'major legislation' for these commenters. Still I'm not sure that TSCA is a done deal yet, and the later we get in the session the less likely it is to pass. I hold out the best hope for that after the election.
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