Legislative Update for the Week of March 1
House Advances Jobs Bill
The House of Representatives voted 217 to 201 in favor of the Hiring Incentives to Restore Employment (HIRE) Act, the $15 billion jobs bill introduced by Sen. Majority Leader Harry Reid (D-NV) as an amendment (S. Amt. 3310) to H.R. 2847, the more expansive jobs bill that the House passed in December. Read the full post here. (March 4)
Obama Makes Final Push for Health Care Reform; Endorses Reconciliation
Telling Congress to "finish its work," President Obama urged both chambers to schedule a vote on final health care overhaul legislation in the coming weeks. While Obama did not outline a specific roadmap for reform, it is widely believed that the plan for going forward involves first having the House of Representatives vote on the Patient Protection and Affordable Care Act (H.R. 3590), the bill that the Senate approved in December, and then passing via budget reconciliation a package of changes to that bill reflected in the estimated $950 billion proposal Obama unveiled on February 22. Read the full post here. (March 3)
Labor Secretary Alludes to Recess Appointment for Craig Becker
According to a report by the Associated Press, Labor Secretary Hilda Solis hinted during the AFL-CIO annual meeting that President Obama would institute controversial nominee Craig Becker as a member of the National Labor Relations Board by means of a recess appointment, possibly during the Easter recess. Read the full post here. (March 3)
Obama Signs Bill Temporarily Extending COBRA, Unemployment Benefits
President Obama signed the Temporary Extension Act of 2010 (H.R. 4691), a bill that will extend the 65% COBRA premium subsidy through March 31, 2010, and unemployment assistance benefits through April 5, 2010. Read the full post here. (March 3)
Employee Benefits Security Administration to Publish Final and Proposed Rules Affecting Employee Investment and Retirement Plans
The Department of Labor's Employee Benefits Security Administration will publish in the Federal Register a final and a proposed rule providing for greater worker investment and retirement account protections. Both rules were drafted in response to the Pension Protection Act of 2006, which amended portions of the Employee Retirement Income Security Act (ERISA) dealing with investment advice and retirement plan transparency. Read the full post here. (March 1)
http://www.globalemploymentlaw.com/mtc/mt-tb.cgi/765