Bills addressed by Finance Committee on May 17

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Bills addressed by Finance Committee on May 17

The Finance Committee handled S.4234 bill on May 17, according to the US Congress.

Bill S.4234 titled “A bill to amend title XVIII of the Social Security Act to make improvements to the redistribution of residency slots under the Medicare program after a hospital closes” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sen. Jacky Rosen with John Boozman as cosponsor.

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 May 17
Bill NameSponsorAction
A bill to amend title XVIII of the Social Security Act to make improvements to the redistribution of residency slots under the Medicare program after a hospital closes.Sen. Rosen, JackySenate