Finance Committee and the bills it addressed on May 24

Finance Committee and the bills it addressed on May 24

The Finance Committee handled S.4291 bill on May 24, according to the US Congress.

Bill S.4291 titled “A bill to amend the Internal Revenue Code of 1986 to increase the standard charitable mileage rate for delivery of meals to elderly, disabled, frail, and at-risk individuals” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sen. Angus King with John Cornyn 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 24
Bill NameSponsorAction
A bill to amend the Internal Revenue Code of 1986 to increase the standard charitable mileage rate for delivery of meals to elderly, disabled, frail, and at-risk individuals.Sen. King, Angus S.Senate

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