Tag: us senate finance committee

Rubio introduced the bill at the end of last week with U.S. Sen. Jacky Rosen, D-Nev., as a co-sponsor. The proposal would expand access to the National Practitioner Data Bank (NPDB) which the senator’s office insisted would help ensure senior care providers do a better job of screening potential employees. 

This week, members of the Florida delegation rallied behind the “Fishing Equipment Tax Relief Act,” a bill “which would create fairness in federal excise taxes by equalizing the tax rates for portable, electronically-aerated bait...

The bill “encourages companies currently producing medical and pharmaceutical equipment abroad to relocate to the U.S.” and “would also enact a tax credit of federal income tax liability for wages and eligible pharmaceutical manufacturing facilities in economically distressed zones, including Puerto Rico.”

The bill “which would create fairness in federal excise taxes by equalizing the tax rates for portable, electronically-aerated bait containers and the parts used to assemble it.”

Rubio has been pushing the bill for three years now. The bill would stop the “sale of national security-sensitive technology and intellectual property to China” and raise taxes “on multinational corporations’ income earned in China at a rate similar to the lost value of stolen IP and technology.”

Rubio brought out the “Federal Acquisitions and Contracting Transparency (FACT) Act” on Thursday to have companies offer transparency on contracts with China.

This week, U.S. Sen. Mike Lee, R-Utah, introduced the resolution “recognizing the mutual history and special relationship between the United States and the United Kingdom, and expressing the sense of the Senate that the United States president should lay the groundwork for a mutually advantageous future trade agreement between the U.S. and the U.K.”

This week, U.S. Sen. Marco Rubio, R-Fla., brought back the “Economic Mobility for Productive Livelihoods and Expanding Opportunity Act” (EMPLEO Act) which he says will offer a pay raise for Puerto Rico residents

Rubio brought back the bill on Wednesday with Scott’s support. Other backers include Republican U.S. Sens. Mike Braun of Indiana, Tom Cotton of Arkansas, John Kennedy of Louisiana and Ben Sasse of Nebraska.

“The Educational Opportunities Act would allow individuals and businesses to contribute to qualified Scholarship Granting Organizations (SGOs) that award need-based scholarships to students to defray the cost of attending private schools. The bill creates an individual federal tax credit of up to $4,500 and a corporate credit of up to $100,000 for donations to qualifying, non-profit SGOs,” Rubio’s office noted about the proposal.

The proposal was first championed by longtime U.S. Sen. Orrin Hatch, R-Utah, and U.S. Rep. Erik Paulsen, R-Minn. With Hatch retiring and Paulsen defeated in the 2018 election cycle, Rubio has championed the proposal on Capitol Hill.

The bill “would double the number of AmeriCorps positions available this year to 150,000 and provide a total of 600,000 service opportunities nationwide over the next three years to unemployed youth and others looking to assist their communities” and the “positions could support a variety of response and recovery efforts based on community needs, including expanding food pantry capacity, mentoring and tutoring at-risk students, bridging health inequities by expanding access to COVID-19 screening and testing, and more.