Bills addressed by Finance Committee on Sept. 27

Bills addressed by Finance Committee on Sept. 27

The Finance Committee handled S.4952, S.4953, S.4961, S.4965 bills on Sept. 27, according to the US Congress.

Bill S.4952 titled “A bill to increase the annual limitation on purchases by individuals of Series I United States savings bonds during periods of high inflation” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sen. Deb Fischer with Mark Warner as cosponsor.

Bill S.4953 titled “A bill to repeal prescription drug price control provisions of the Inflation Reduction Act” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sen. Mike Lee with James Lankford, Cynthia Lummis, Marco Rubio as cosponsors.

Bill S.4961 titled “A bill to provide limits on the reduction of Internal Revenue Service user fees” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sen. Marsha Blackburn.

Bill S.4965 titled “A bill to amend title XVIII of the Social Security Act to remove in-person requirements under Medicare for mental health services furnished through telehealth and telecommunications technology” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by .

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 Sept. 27
Bill NameSponsorAction
A bill to increase the annual limitation on purchases by individuals of Series I United States savings bonds during periods of high inflation.Sen. Fischer, DebSenate
A bill to repeal prescription drug price control provisions of the Inflation Reduction Act.Sen. Lee, MikeSenate
A bill to provide limits on the reduction of Internal Revenue Service user fees.Sen. Blackburn, MarshaSenate
A bill to amend title XVIII of the Social Security Act to remove in-person requirements under Medicare for mental health services furnished through telehealth and telecommunications technology.Sen. Sullivan, DanSenate