July 28, 2014
Recent Senate Votes
Insourcing Incentives – Cloture – Vote Agreed to (93-7)
The Senate voted to invoke cloture on the motion to proceed to the bill that would give businesses a tax credit for up to 20 percent of the expenses incurred to bring work done in foreign countries back into the United States, if the business also increases its number of full-time employees. It also would prohibit tax deductions for expenses incurred when moving jobs outside the U.S.
Sen. Dianne Feinstein voted YES
Sen. Barbara Boxer voted YES
Recent House Votes
Higher Education Tax Credits – Passage – Vote Passed (227-187, 18 Not Voting)
The House passed a bill that would modify and make permanent the American Opportunity Tax Credit for tuition and higher-education expenses. It would eliminate the “above the line” higher-education tax deduction for qualified tuition and repeal the Hope Scholarship Tax Credit and the Lifetime Learning Tax Credit.
Rep. Ed Royce voted Not Voting
Rep. Loretta Sanchez voted NO
21st Century Endangered Species Transparency Act – HR4315
The House will consider a bill to amend the Endangered Species Act of 1973 to require publication on the Internet of the basis for determinations that species are endangered species or threatened species.
Source: Fullerton Chamber of Commerce