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House Passes Tax Cut Bill with Ethanol Tariff Extension
December 17, 2010 by Cindy Arevalo|Congress

On December 16, 2010, the House passed H.R. 4853, the Middle Class Tax Relief Act, by a vote of 81 to 19. According to a press report, the bill extends the tariff on imported ethanol through 2011. The Senate passed H.R. 4853 on December 15, 2010, and the President is expected to soon sign it into law.

Senate Passes Bill to Improve Government Efficiency, Performance
December 17, 2010 by Cindy Arevalo|Congress

On December 16, 2010, the Senate passed H.R. 2142, the Government Efficiency, Effectiveness, and Performance Improvement Act, to require quarterly performance assessments of Government programs for purposes of assessing agency performance and improvement, and to establish agency performance improvement officers and the Performance Improvement Council, after agreeing to the committee amendment in the nature of a substitute.

Senate Committee Orders Favorably Reported Bill on APEC Business Travel Cards
December 16, 2010 by Cindy Arevalo|Congress

On December 14, 2010, the Senate Committee on Foreign Relations ordered favorably reported S. 1633, to require the Secretary of Homeland Security, in consultation with the Secretary of State, to establish a program to issue Asia-Pacific Economic Cooperation Business Travel Cards, with an amendment in the nature of a substitute.

House Passes e-Commerce Legislation, Now Heads to President
December 16, 2010 by Cindy Arevalo|Congress

On December 15, 2010, the House passed S. 3386, the Restore Online Shoppers' Confidence Act, to protect consumers from certain aggressive sales tactics on the Internet. Senate passed S. 3386 on November 30, 2010. According to a press release from Senator Rockefeller (sponsor of S. 3386), the bill now heads to the President. Senator Rockefeller’s press release available here.

Senate Passes Tax Cut Bill with Ethanol Tariff Extension
December 16, 2010 by Cindy Arevalo|Congress

On December 15, 2010, the Senate passed H.R. 4853, the Middle Class Tax Relief Act, by a vote of 81 to 19. According to press reports, the bill extends the tariff on imported ethanol through 2011. Another press source indicates that the House-passed Currency Reform for Fair Trade Act (H.R. 2378) was not included as an amendment to H.R. 4853 prior to its passage by the Senate. The House is scheduled to begin consideration of Senate-passed H.R. 4853 on December 16, 2010.

Senators Seeks Support for Currency Amendment to Tax Bill
December 15, 2010 by Cindy Arevalo|Congress

On December 13, 2010, Senators Brown (D) and Snowe (R) sent a letter to Senate colleagues asking for their support for a currency amendment to the Reid-McConnell tax bill (H.R. 4853), currently being considered in the Senate. According to the letter, the amendment is the same as H.R. 2378, the Currency Reform for Fair Trade Act, which was passed by the House on September 29, 2010. Copy of letter available by emailing documents@brokerpower.com.