New York's
Senator CHARLES E. SCHUMER
FOR IMMEDIATE RELEASE February 6,
2001
SCHUMER OUTLINES BIPARTISAN LEGISLATIVE AGENDA
FOR 107TH CONGRESS
Agenda Features Bipartisan Initiatives on
Generic Drugs, College Tuition, Teacher Shortage, Election Reform
and Energy
US Senator Charles E.
Schumer today unveiled a number of bipartisan initiatives that
compose a large part of his legislative agenda for the
107th Congress. Schumer's agenda includes legislation to
reform the way we vote, provide a college tuition tax credit for
working families, address the energy crisis facing America and knock
down the barriers that prevent generic drugs from reaching the
marketplace.
"If the voters sent one clear message in November, it's that they
want Democrats and Republicans to work together and get something
done," said Schumer. "My agenda reflects the fact that we can bring
together members of both parties to pass legislation that will make
a difference in the lives of American families without getting
bogged down in partisan wrangling."
Schumer pointed to six major bipartisan policy proposals that
would compose the heart of his legislative agenda:
- Election Reform: Schumer today introduced the Federal
Election Modernization Act with Senator Sam Brownback (R-KS),
legislation that would provide states with the expertise and
financial incentive to upgrade their voting systems. The bill
would establish a blue ribbon commission composed of federal,
state and local experts to study new voting methods and election
practices and create a state matching grant program funded at $2.5
billion over five years to help states implement them.
- Prescription Drugs: Schumer and Senator John McCain
(R-AZ) will reintroduce the Greater Access to Affordable
Pharmaceuticals Act, comprehensive legislation to help bring
lower- cost prescription drugs to the marketplace. The bill clears
many of the major obstacles that delay the approval of generic
drugs by closing loopholes in federal patent laws. It is estimated
that the bill could save consumers nationwide up to $71 billion
over ten years in prescription drugs costs, including $4.7 billion
for consumers in New York.
- College Tuition: Schumer will introduce legislation to
provide a college tuition tax cut with Senators Joe Biden (D-DE),
Olympia Snowe (R-ME), Evan Bayh (D-IN) and Gordon Smith (R-OR).
The bill would make up to $12,000 in college tuition costs tax
deductible for families earning less than $105,000 a year and
would allow those who are repaying student loans to take a tax
credit of up to $1,500 to help offset student loan interest
payments.
- Teacher Shortage: Schumer has reached out to the Bush
Administration in an effort to push several initiatives to attract
young professionals to teaching. Schumer will introduce bills to
increase funding for INSPIRE scholarships, create signing bonuses
to attract new teachers to math and science, extend the maximum
amount of loan forgiveness from $5,000 to $17,750 and provide
matching grants to local education agencies that suffer from a
high concentration of uncertified teachers.
- Energy: Schumer will introduce legislation with Senator
Susan Collins (R-ME) to create a Presidential Energy Commission to
study short- and long-term responses to current shortages and
price spikes in the oil, natural gas and electricity markets. The
commission would analyze current and future energy supply and
demand issues, examine ways in which the US can ensure stability
in electricity markets, study state deregulation efforts, craft
ways to help the US become less dependent on foreign oil, and
investigate alternative energy supplies and the causes for energy
supply disruptions.
- Cybercrime: Schumer and Senator John Kyl (R-AZ) will
introduce legislation to combat computer hacking and make it
easier to investigate computer crimes. Their bill would give law
enforcement nationwide trap and trace authority, allowing
authorities to issue a single order to completely trace an online
communication from start to finish instead of seeking separate
orders for each state an online communication travels through. The
Schumer-Kyl bill will likely be attached to a larger cybercrime
package that Schumer is sponsoring with Senators Orrin Hatch
(R-UT) and Patrick Leahy (D-VT).
In addition to these initiatives, Schumer identified several
other legislative proposals that he would fight for in the
107th Congress. Among them:
- Gun Control: Schumer will push a pair of initiatives to
keep guns out of the hands of children and criminals. The ENFORCE
Act would improve the Bureau of Alcohol, Tobacco and Firearms'
(ATF) ability to go after illegal gun dealers, research new gun
safety technology and expand Project Exile, the enforcement
program supported by the National Rifle Association. The Targeted
Gun Dealer Enforcement Act would crack down on high- crime
firearms dealers.
- Fuel Efficiency: Schumer will introduce legislation to
boost the fuel efficiency standards for SUVs and minivans by
changing their classification from light truck to car. The
reclassification could save 120 million barrels of oil each year
and reduce gasoline costs for SUV drivers by hundreds of dollars.
- E-Mail Privacy: Schumer will reintroduce the Notice of
Electronic Monitoring Act, bipartisan legislation he introduced
last year with Reps. Charles Canady (R-FL) and Bob Barr (R-GA)
that requires employers to notify workers if they are monitoring
their electronic communications.
- Money Laundering: Schumer will introduce legislation to
strengthen domestic anti-money laundering regulations and prohibit
offshore banks with little or no regulatory requirements from
participating in the US financial system.
- Predatory Lending: Schumer will reintroduce the
Predatory Lending Deterrence Act, legislation to crack down on
predatory lending practices brought about by the burgeoning
subprime lending market. The bill would expand and strengthen the
Truth in Lending Act by creating a new definition for high cost
loans and imposing strict limits on what lenders can offer for
residential mortgages and high cost loans.
- Acid Rain: Schumer will be introducing legislation to
address acid rain problems in the Adirondacks and across the
country and will be working with a broad coalition of Senators on
a wide range of clean air issues.
- LIHEAP: Schumer will push to increase federal funding
for the Low Income Home Energy Assistance Program in the FY 2002
budget from $1.4 billion to $2 billion to ensure that states have
enough money to help low-income families and seniors pay their
heating bills.
Schumer said he would be would introducing these proposals in the
Senate in the upcoming weeks.
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