The House worked on H.R. 556 (National Security Foreign Investment Reform and Strengthened Transparency Act of 2007). Before we get to the final vote, lets have a look at the amendments our contestants proposed:
- Amendment 3 - Frank - An amendment numbered 3 printed in the Congressional Record making sundry changes to the bill. Agreed by voice vote.
- Amendment 4 - King (IA) - An amendment numbered 4 printed in the Congressional Record to add a requirement that the President consider the potential effects of a covered transaction on the efforts of the United States to curtail human smuggling. Agreed by voice vote.
- Amendment 12 - Barrow - An amendment numbered 12 printed in the Congressional Record to add language to section 7 (which deals with Oversight by the Congress) providing that Senators representing States and Members of Congress representing congressional districts that would be significantly affected by a covered transaction should be affected by the reporting requirements. Agreed by voice vote.
- Amendment 5 - McCaul - An amendment numbered 5 printed in the Congressional Record, to insert a new paragraph entitled Contents of Report Related to Barriers to Investment into the United States and specifies for inclusion in the report a detailed discussion of factors including the effective rate of taxation on entrepreneurs and businesses and other sources of capital in the U.S. as compared to other countries. Failed 198-228.
- Amendment 6 - McCaul - An amendment numbered 6 printed in the Congressional Record, to insert a new paragraph entitled Contents of Report Related to Barriers to Investment into the United States and specifies for inclusion in the report a detailed discussion of factors including the amount of burdensome regulation in the United States as compared to other countries that affect the number of filings, changes in the types of business sectors involved in filings, and changes in the number of investments originating from specific countries. Failed 197-231.
- Amendment 7 - McCaul - An amendment numbered 7 printed in the Congressional Record, to insert a new paragraph entitled Contents of Report Related to Barriers to Investment into the United States and specifies for inclusion in the report a detailed discussion of factors including trend information on the number of jobs in the United States related to foreign investment resulting from covered transactions, that affect the number of filings, changes in the type of business sectors involved in filings, and changes in the number of investments originating from specific countries. Failed 197-231.
Today’s loser is McCaul of TX, for trying to shove three unsuccessful amendments that seriously look like handouts to American corporations. The House passed H.R. 556 423-0. For good measure, they threw in H.Con.Res. 52 (American Heart Month). Passed 412-0.
The House will start work on H.R. 800 (Employee Free Choice Act) which the White House has already threatened to veto over the section that removes the need for secret ballots to unionize. I have to agree that this card check idea (all they have to do is have a majority sign cards). With a history of strong-arm tactics, I think we should keep secret ballots.
The Senate continued work on S.4 (9/11 Bill). Two amendments were offered: S. Amendt. 285 and S. Amendt. 279 (these aren’t in Thomas yet). Both amendments appear to be about criminal offenses that will disqualify someone from getting a transportation security card. From Hotline:
Senators approved an amendment by Sen. Jim DeMint, R-S.C., that would disqualify individuals from getting credentials to work at the nation’s seaports if they were convicted of any one of several serious offenses, such as spying, murder, treason, terrorism, a crime involving a transportation security incident and illegal possession or sale of explosives. The prohibition would also extend to individuals who were convicted within the last seven years of less serious crimes, such as firearms offenses, identity fraud and immigration violations.
The language in the amendment drew objections from Democrats who said it was too broad. So Sen. Daniel Inouye, D-Hawaii, offered a second degree amendment that would allow the Homeland Security Department to modify the list of offenses that bar individuals from getting credentials.
S. Amendt. 285 (Inouye amends 279 to allows DHS to modify the list) passed 58-37, after which S. Amendt. 279 (DeMint, says which criminal offenses disqualify) passed 94-2
Tomorrow, the Senate continues on S.4.