How politicians on Finance Committee dealt with bills on July 28

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How politicians on Finance Committee dealt with bills on July 28

The Finance Committee handled H.R.4040, S.4680 bills on July 28, according to the US Congress.

Bill H.R.4040 titled “Advancing Telehealth Beyond COVID–19 Act of 2022” was received in the Senate and Read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Rep. Liz Cheney. Specifically, the bill permanently allows (1) federally qualified health centers and rural health clinics to serve as the distant site (i. e. , the location of the health care practitioner); (2) beneficiaries to receive telehealth services at any site, regardless of type or location; (3) any type of practitioner to furnish telehealth services, subject to approval by the Centers for Medicare u0026 Medicaid Services; and (4) audio-only evaluation and management and behavioral health services.

Bill S.4680 titled “A bill to amend the Internal Revenue Code of 1986 to establish a credit for the domestic production of rare earth magnets, and for other purposes” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sen. Catherine Cortez Masto.

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 28
Bill NameSponsorAction
Advancing Telehealth Beyond COVID–19 Act of 2022Rep. Cheney, LizSenate
A bill to amend the Internal Revenue Code of 1986 to establish a credit for the domestic production of rare earth magnets, and for other purposes.Sen. Cortez Masto, CatherineSenate