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Key Votes

S AMDT 2735 - Tax Rate Extension Amendment - Key Vote

National Key Votes

John McCain III voted Nay (Motion Vote) on this Legislation.

Read statements John McCain III made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Motion Rejected (Senate) (44-53) - (Key vote)

Title: Tax Rate Extension Amendment

Vote Smart's Synopsis:

Vote on a motion to waive the Budget Act in order to adopt an amendment that authorizes $21.9 billion for the Department of Veterans Affairs and offsets the cost through changes made to tax rates on capital gains and dividends.

Highlights:
  • Appropriates $14 billion for the Veterans Benefits Administration for Compensation and Pensions for the years of 2006 through 2010.
  • Appropriates $6.9 billion to the Department of Veterans Affairs for the Veterans Health Administration for Medical Care between the years 2006 through 2010.
  • Appropriates $1 billion for the establishment of the Veterans Hospital Improvement Fund.
  • Modifies tax rates on capital gains and dividends.
Note:

NOTE: A MOTION TO WAIVE THE BUDGET ACT, IF ADOPTED, TEMPORARILY SETS ASIDE A SPECIFIC PROVISION OF THE BUDGET ACT OF 1974 SO THAT AN AMENDMENT THAT VIOLATES THE ACT MAY BE CONSIDERED. A 3/5 MAJORITY IS REQUIRED FOR ADOPTION.

Legislation - Introduced (Senate) -

Title: Tax Rate Extension Amendment

Sponsors

  • Christopher J. 'Chris' Dodd (CT - D) (Out Of Office)

Co-sponsors

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