Today in Washington – September 17, 2018
September 17, 2018
Source: Jennifer White – Legislative Counsel
The House in recess this week.
House Republicans Seek to Delay Obamacare Employer Mandate – The House Rules Committee is set to take up the Save American Workers Act, a bill that would suspend from 2015 through 2018 the ACA’s employer mandate, which requires employers with 50 or more full-time employees to provide affordable health insurance or pay a fine. It also modifies the definition of full-time employees under the ACA from one who averages 30 hours per week or more (for the purposes of the mandate) to cover employees working 40 hours per week. This bill is expected to move out of the Rules Committee and be voted on by the full house in the next week.
Tax Reform 2.0 Approved by House Ways & Means Committee – Last week, the House Ways and Means Committee voted to approve the Tax Reform 2.0 package. Three bills were included in the package: the Protecting Family and Small Business Tax Cuts Act of 2018, which would make the individual provisions in the 2017 tax law permanent; the Family Savings Act of 2018, which focuses on retirement plans; and the American Innovation Act of 2018, which is meant to spur innovation by allowing startup businesses to write off more of their costs. For more information, click here.
• September 18 @ 10 AM: Senate Banking, Housing and Urban Affairs Committee, Fintech: Examining Digitalization, Data, and Technology, Dirksen Se