May 11,
2000 Volume 6, Issue 18
|
Death Tax Repeal Bill to be Marked Up This
Month
House Ways and Means Committee Chairman Bill
Archer said that this month his committee will consider
a bill calling for full, gradual elimination of the
death tax. The bill has not yet been unveiled, but
Archer said it would be modeled after the death tax
repeal included in the $792 billion tax cut bill vetoed
last year. That bill called for a gradual repeal of the
death tax over 10 years, a conversion of the unified
credit into a true exemption, and modification of the
step-up in basis for inherited assets. A floor vote is
likely in early June. AGC is calling for grassroots
letters in support of the death tax elimination bill.
Samples can be found at www.agc.org by clicking on the
"Demolish the Death Tax" link.
House
Appropriations Transportation Subcommittee Approves
Record Funding For Highway and Aviation Programs: The
Fiscal Year 2001 appropriations cycle is underway. This
week, the House Appropriations Transportation
Subcommittee approved increased funding for all major
categories, including the highway and aviation programs.
The highway program is funded at $30.7 billion, an
increase of $1.898 billion (almost 7%) over this year's
level. Included in this funding level is about $3
billion more than assumed in TEA-21 because of the
increase in gas tax revenue. Since FY 1995, funding for
the federal-aid highway program has increased more than
$13 billion, or nearly 80%. Transit funding in the bill
totals $6.3 billion, an increase of $486 million over
this year's level. The Airport Improvement Program (AIP)
is funded in compliance with the level contained in the
recently enacted Aviation Investment and Reform Act for
the 21st Century (AIR-21) at $3.2 billion, an increase
of $1.25 billion, or 64% over this year's level. The
full House Appropriations Committee is scheduled to
approve the bill the week of May 16. The Senate has not
yet considered their bill.
House
Appropriations Committee Approves FY 2001 Military
Construction Funding: The full House Appropriations
Committee approved the FY 2001 Military Construction
Appropriations Bill. The bill provides $3.7 billion for
military construction ($300 million less than this
year), $827 million for military housing ($6 million
more than this year) and $1.2 billion for base closure
($502 million more than this year). The Full Senate
Appropriations Committee approved the following funding
levels: $3.81 billion for Military Construction; $886
million for family housing; and, $1.2 billion for base
closure.
Ten Virginia Jobsites In Violation of
Clean Water Act: The Environmental Protection Agency
(EPA) cited owners and developers of ten different areas
for filling wetlands and not having storm water permits
on jobsites over 5 acres. The owners and developers will
be required to stabilize and restore all the affected
property.
Hearing Held on Debt Payment Act:
The Government Management Information and Technology
Subcommittee held a hearing on H.R. 4181, the Debt
Payment Incentive Act of 2000. This legislation would
prevent anyone failing to pay federal taxes from
receiving a federal contract or loan. The Office of
Federal Procurement Policy, Department of Defense, and
General Accounting Office testified that the
legislation's public policy goal was worthy, but
implementation of the legislation would be difficult.
The General Accounting Office stated, "IRS currently
does not have the systems that would enable it to
consistently provide federal agencies with timely,
accurate, and complete information on ... tax
delinquency status." AGC also provided a statement for
the record questioning IRS' ability to supply accurate
information.
House Subcommittee Passes Bill to
Increase Funding for Worker Training: House Education
and Workforce Committee Chairman Bill Goodling presided
over a full committee mark-up on Wednesday of a bill to
redirect the fees collected for H1-b visa applications.
Money raised by fees for foreign high tech workers will
be allocated to train Americans for jobs for many
industries with a shortage of skilled workers. Under the
measure passed Wednesday, the Labor Department would get
about $63 million for programs to teach technical
skills, while $ 21 million would go the education
department.
Contractors Testify Before OSHA
Panel: Today, the Associated General Contractors of
America (AGC) testified before the Occupational Safety
& Health Administration (OSHA) concerning the
controversial proposal for an ergonomics standard. AGC
member Bill Ahal, director of Health Services of SM
Wilson, a general contractor/construction manager in the
St. Louis area, and member of AGC's National Safety
& Health Committee, submitted evidence to support
the exclusion of construction operations from the
proposed ergonomics standard. Ahal also recommended OSHA
adopt an education, not regulation, attitude towards
ergonomics.
Utilize Congress at Your
Fingertips Located in the Member’s Only Section at
http://www.agc.org/ to
contact your Congressional
Representatives. |