My Votes – Week of May 29th
RULE BILLS
A rule bill is a bill passed through a full House vote under a rule that has been voted and agreed upon by the Rules Committee. Rule bills require a simple majority of the House to pass (218 votes) through a recorded vote.
05/31/2023
H.R. 3746
Fiscal Responsibility Act
Passed | 314-117
My Vote | YES
This bill represents the largest government spending cut in American history, reducing the deficit by $2.1 trillion. It also claws back unspent COVID funds, strengthens work requirements for SNAP, and defunds Biden’s army of IRS agents.
SUSPENSION BILLS
A suspension bill is a bill passed by the House through suspending the rules to move quickly, circumventing the House Rules Committee. Suspension bills are typically less controversial pieces of legislation, and as the rules are being suspended, they require a higher threshold, two-thirds of those voting in the House, to pass. Additionally, these bills are often passed by a voice vote, without a formal roll call vote.
05/30/2023
H.R. 2792
Small Entity Update Act
Passed | 367-8
My Vote | YES
This bill requires the Securities and Exchange Commission (SEC) to report on and revise the definition of “small entity” every five years. Agencies are required to consider the impact of their rules on small entities under the Regulatory Flexibility Act.
05/30/2023
H.R. 2795
Enhancing Multi-Class Share Disclosures Act
Passed | 347-30
My Vote | YES
This bill requires issuers of securities with multi-class share structures to disclose certain information in any proxy solicitation or consent solicitation material. A multi-class share structure occurs when a company issues two or more classes of shares that have different voting rights. For example, a company may issue one class of shares with no or few voting rights for the public, and another class with more voting rights for company founders and executives.
05/30/2023
H.R. 2796
Promoting Opportunities for Non-Traditional Capital Formation Act
Passed | 409-9
My Vote | YES
This bill expands the functions of the Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation.
05/31/2023
H. RES. 382
Condemning the rise of antisemitism and calling on elected officials to identify and educate others on the contributions of the Jewish American community
Passed | 429-0
My Vote | YES
This resolution condemns the rise of anti-semitism and calls on elected officials to identify and educate others on the contributions of the Jewish American community. Promoting tolerance in our communities.
05/31/2023
H.R. 2797
Equal Opportunity for All Investors Act of 2023
Passed | 383-13
My Vote | YES
This bill expands who may be considered an accredited investor, allowing more opportunity for Americans everywhere.