Motion to Concur in the Senate Amendments with an Amendment to H.R. 622 - Hope for Children Act

COMMITTEE ACTION: REPORTED BY VOICE VOTE on Thursday February 14, 2002 (Legislative day Wednesday February 13, 2002).

FLOOR ACTION: ADOPTED BY A RECORD VOTE OF 213-206 AFTER AGREEING TO THE PREVIOUS QUESTION BY THE YEAS AND NAYS 216-207 on Thursday February 14, 2002.

MANAGERS: HASTINGS (WA)/FROST
107th Congress
2nd Session
 

Motion to Concur in the Senate Amendments with an Amendment to
H.R. 622 – Hope for Children Act

 

1. Provides for a single motion offered by the chairman of the Committee on Ways and Means or his designee that the House concur in each of the Senate amendments with the amendment printed in the report of the Committee on Rules accompanying the resolution.

2. Waives all points of order against consideration of the motion to concur in the Senate amendments with an amendment.

3. Provides one hour of debate in the House equally divided and controlled by the chairman and ranking minority member of the Committee on Ways and Means.

4. Provides that the previous question shall be considered as ordered on the motion to final adoption without intervening motion or demand for division of the question.

 

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RESOLUTION

 

Resolved, That upon adoption of this resolution it shall be in order to take from the Speaker's table the bill (H.R. 622) to amend the Internal Revenue Code of 1986 to expand the adoption credit, and for other purposes, with Senate amendments thereto, and to consider in the House, without intervention of any point of order, a single motion offered by the chairman of the Committee on Ways and Means or his designee that the House concur in each of the Senate amendments with the respective amendment printed in the report of the Committee on Rules accompanying this resolution. The Senate amendments and the motion shall be considered as read. The motion shall be debatable for one hour equally divided and controlled by the chairman and ranking minority member of the Committee on Ways and Means. The previous question shall be considered as ordered on the motion to final adoption without intervening motion or demand for division of the question.

 


AMENDMENT INCLUDED IN THE MOTION

Summary of Amendment

 

    Thomas - Amends the Internal Revenue Code to: (1) provide for supplemental stimulus payments; and (2) accelerate the 25 percent individual income tax rate. Sets forth provisions specifically applicable to business, including: (1) a special depreciation allowance for certain property acquired after September 10, 2001, and before September 11, 2004; (2) a temporary increase in section 179 expensing; and (3) an increased carryback period for certain losses. Extends varied expiring provisions, including: (1) the credits for qualified electric vehicles, work opportunity credit, and the welfare-to-work credit; and (2) provisions concerning the taxable income limit on percentage depletion for oil and natural gas produced from marginal properties, parity in the application of certain limits to mental health benefits, and the availability of medical savings accounts. Reauthorizes Temporary Assistance for Needy Families supplemental grants for population increases for FY 2002. Provides special allowances for a designated "New York Liberty Zone" for the area damaged in the September 11, 2001, terrorist attacks. Provides a program of temporary extended unemployment compensation. Establishes a displaced worker health insurance credit. Amends the Workforce Investment Act of 1998, with respect to national emergency grants, to authorize grants for employment and training assistance and temporary health care coverage assistance to workers affected by major economic dislocations. Provides for temporary State health care assistance.

Text of Amendment