LEGISLATIVE NEWS

Introduced: S. 2237: A bill to provide a temporary income tax credit for increased payroll and extend bonus depreciation for an additional year, and for other purposes. Sponsor: Sen. Harry Reid [D-NV]: This bill or resolution is in the first stage of the legislative process. It was introduced into Congress on March 26, 2012. Most bills and resolutions are assigned to committees which consider them before they move to the House or Senate as a whole.

http://www.govtrack.us/congress/bills/112/s2237

Jumpstart Our Business Startups Act - Vote Passed (73-26, 1 Not Voting): This bill would ease reporting and regulatory requirements for small businesses trying to raise capital in order to take the company public. The House passed the bill on March 8, 2012. The Senate adopted an amendment to the bill which will require the House to vote again. It is expected the House will pass the bill this week and send the bill to the president. Sen. Richard Burr voted YES and Sen. Kay Hagan voted YES.
http://capwiz.com/military/issues/votes/?votenum=55&chamber=S&congress=1122

The Clean Water Restoration Act: The Wolf In Sheep’s Clothing And Other News--If you have not seen this legislation: S2122 Defense Of Environment And Property Act of 2012 and HR4171 The Focus Act, please forward and share the information because they help to continue to restrengthen private property rights, restrengthens states rights related to water decisions, repeals language that overcriminalizes individuals and businesses. http://www.weekendmorningbuzz.vacau.com/

Help Efficient, Accessible, Low-cost, Timely Healthcare (HEALTH) Act of 2011 - Vote Passed (223-181, 4 Present, 23 Not Voting)--The House passed this bill that would eliminate the Independent Payment Advisory Board (IPAB) and cap damages in medical malpractice lawsuits. IPAB was created by the 2010 health care law and is charged with finding savings in Medicare spending. It has no members yet. The Senate is unlikely to take up the bill. Rep. Walter Jones voted YES.
http://capwiz.com/military/issues/votes/?votenum=126&chamber=H&congress=1122