July 6,
2000 Volume 6, Issue 27
|
Senate May Consider Gas Tax Repeal Bill the
Week of July 10
Senate Majority Leader Trent Lott (R-MS) stated
that he would like the Senate to consider a bill to
repeal/suspend the 18.4-cent federal gas tax and
24.4-cent diesel tax when the Senate returns from the
July 4th recess on July 10. Although it is unclear which
bill they would consider (several have been introduced),
the options range from a repeal/suspension through Labor
Day, to a repeal/suspension through March 31, 2001. AGC
is working to defeat any efforts to repeal or suspend
the motor fuels tax. However, AGC is advocating that
Senators consider Senator Murkowski's bill, S.2799 the
"Emergency Fuel Tax Act of 2000." This bill would allow
individuals and companies to deduct on their income tax
statements next year the cost of all gasoline taxes they
pay between July 1 and December 31, 2000. This
legislation would guarantee that motorists receive
relief from high gas prices. Moreover, the bill would
ensure that the funding in the Highway Trust Fund
remains intact and consistent with TEA-21. It is
imperative that AGC members contact their Senators and
Representative NOW! AGC led the effort to defeat similar
initiatives in April. If we are to win again, AGC
Members need to inundate Congress with calls, letters,
faxes, and e-mails - letting them know that funding for
state highway and transit programs will be jeopardized
along with your businesses if the motor fuels tax is
repealed. You can reach your Senators and Representative
through the Capitol Hill switchboard,
202-224-3121.
House will Consider American
Community Renewal Act Soon: House Majority Leader Dick
Armey (R-TX), House Conference Chairman J.C. Watts
(R-OK), Rep. Danny Davis (D-IL) and Small Business
Committee Chairman Jim Talent (R-MO) announced today
that a major city revitalization bill would be marked up
next week. A Ways and Means committee mark-up will
hasten consideration of the American Community Renewal
Act by the full House. The Majority Leader emphasized
that the historic compromise with the White House,
achieved last month, has cleared all major hurdles for a
bill that Watts, Talent and Davis have been working on
for more than five years. The bill, closely watched by
contractors, will be combined with the previously passed
"New Markets Act" creating 40 Renewal Communities with
targeted, pro-growth tax benefits, regulatory relief,
savings accounts, brownfields clean-up, and
home-ownership opportunities. At least 20 percent of the
communities identified must be located in rural areas.
Communities must apply for renewal community status,
which requires high poverty rates and a local commitment
to reduce local regulations, zoning restrictions and tax
rates. The Renewal Communities would receive a
combination of tax, regulatory, and other targeted
programs. The tax benefits of Renewal Communities would
address the principal hurdles facing small businesses
when they are just getting started-raising capital and
maintaining cash flow. "This legislation is unique
because it would provide communities with the tools to
help reinvigorate their neighborhoods", said House Small
Business Committee Chairman Talent. "With this agreement
we are closer than ever to passing legislation that will
make a real difference in these
communities."
Death Tax Elimination Vote Next
Week in the Senate: AGC expects votes next week in the
Senate on H.R. 8, the Death Tax Elimination Act. As
early as Tuesday, there may be several procedural votes
to "invoke cloture" (to stop a filibuster) on H.R. 8. 60
votes are needed to invoke cloture. There is also an
effort underway between the Republican and Democrat
leaders to reach a unanimous consent agreement for
consideration of H.R. 8 and thus do away with any
cloture votes. Right now, the support of the following
Senators is critical for passage of H.R. 8: Bob Kerrey
(D-NE), John Breaux (D-LA), Chuck Robb (D-VA), Blanche
Lincoln (D-AR), Ron Wyden (D-OR), Mary Landrieu (D-LA),
Max Cleland (D-GA), Evan Bayh (D-IN), Patty Murray
(D-WA), Robert Torricelli (D-NJ), George Voinovich
(R-OH), Lincoln Chafee (R-RI), Arlen Specter (R-PA), Jim
Jeffords (R-VT), Ted Stevens (R-AK). If your Senator is
listed, please make every effort to write or call and
ask for their support of H.R. 8. For sample letters and
more information, go to Hot Topics section of
www.agc.org or call Phil Thoden with AGC Congressional
Relations at 703-837-5364.
Managed Care
Reform Battles in the Senate: Before adjourning for the
4th of July recess, Senators again battled over managed
care reform legislation. Democrats offered an amendment
to unrelated legislation requiring that any managed care
bill passed by the Senate cover all privately insured
Americans. Legislation previously passed by the Senate
would only cover patients in self-insured plans. Senator
Don Nickles (R-OK) responded by offering a Republican
backed amendment allowing a limited right to sue HMOs
but only after an independent appeals process is
completed, among other provisions. The Nickles amendment
passed while the Democrat measure was defeated, both by
a vote of 51-47.
Utilize Congress at Your
Fingertips Located in the Member’s Only Section at
http://www.agc.org/ to
contact your Congressional
Representatives.
|