Finance Committee and the bills it addressed on April 28

Finance Committee and the bills it addressed on April 28

The Finance Committee handled S.4102, S.4103, S.4105 bills on April 28, according to the US Congress.

Bill S.4102 titled “SSI Savings Penalty Elimination Act” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sherrod Sen. Brown with Rob Portman as cosponsor.

Bill S.4103 titled “Helping Parents Save for College Act of 2022” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by with Susan Collins as cosponsor.

Bill S.4105 titled “Supply Chain Disruptions Relief Act” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sherrod Sen. Brown with Catherine Cortez Masto, Cynthia Lummis, Roger Marshall, Patty Murray, Rob Portman, Tim Scott, Debbie Stabenow as cosponsors.

The Finance Committee moves forward in some way on one bill per day.

Most bills have a hearing where those involved explain why they are for or against the bill. Roughly 8,000 bills are addressed by committees each year but only about 800 make it to the floor of Congress, according to ushistory.org.

A 2019 report from the Brookings Institute argued committees aren’t capable of delving fully into the issues they address and are forced to rely on lobbyists.

Bills Addressed by Finance Committee on April 28
Bill NameSponsorAction
SSI Savings Penalty Elimination ActSen. Brown, SherrodSenate
Helping Parents Save for College Act of 2022Sen. Hassan, Margaret WoodSenate
Supply Chain Disruptions Relief ActSen. Brown, SherrodSenate