July 21: bills handled by Finance Committee

July 21: bills handled by Finance Committee

The Finance Committee handled S.4583, S.4589, S.4591, S.4593, S.4597 bills on July 21, according to the US Congress.

Bill S.4583 titled “A bill to amend title II of the Social Security Act and the Internal Revenue Code of 1986 to make improvements in the old-age, survivors, and disability insurance program, and to provide for Social Security benefit protection” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sen. Mazie Hirono with Jeff Merkley, Tina Smith as cosponsors.

Bill S.4589 titled “A bill to amend the Internal Revenue Code of 1986 to adjust certain credits and deductions for inflation” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by .

Bill S.4591 titled “A bill to decriminalize and deschedule cannabis, to provide for reinvestment in certain persons adversely impacted by the War on Drugs, to provide expungement of certain cannabis offenses, and for other purposes” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by with Patty Murray, Gary Peters, Charles Schumer, Ron Wyden as cosponsors.

Bill S.4593 titled “A bill to amend title XIX of the Social Security Act to require the Secretary of Health and Human Services to make certain information available on a public website relating to intermediate care facilities for individuals with intellectual disabilities certified for participation under the Medicaid program, and for other purposes” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sen. Mark Kelly with Kyrsten Sinema as cosponsor.

Bill S.4597 titled “A bill to allow individuals with disabilities to campaign for elected office without losing access to Federally supported benefits” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sen. Robert Casey with Richard Blumenthal, Cory Booker, Tammy Duckworth, Mazie Hirono, Amy Klobuchar, Alex Padilla, Sheldon Whitehouse, Ron Wyden 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 July 21
Bill NameSponsorAction
A bill to amend title II of the Social Security Act and the Internal Revenue Code of 1986 to make improvements in the old-age, survivors, and disability insurance program, and to provide for Social Security benefit protection.Sen. Hirono, Mazie K.Senate
A bill to amend the Internal Revenue Code of 1986 to adjust certain credits and deductions for inflation.Sen. Grassley, ChuckSenate
A bill to decriminalize and deschedule cannabis, to provide for reinvestment in certain persons adversely impacted by the War on Drugs, to provide expungement of certain cannabis offenses, and for other purposes.Sen. Booker, Cory A.Senate
A bill to amend title XIX of the Social Security Act to require the Secretary of Health and Human Services to make certain information available on a public website relating to intermediate care facilities for individuals with intellectual disabilities certified for participation under the Medicaid program, and for other purposes.Sen. Kelly, MarkSenate
A bill to allow individuals with disabilities to campaign for elected office without losing access to Federally supported benefits.Sen. Casey, Robert P.Senate