OnTheIssuesLogo

John Rutherford on Corporations

 

 


Regulatory relief for smaller banks stimulates growth.

Rutherford voted YEA Banking Bill

Congressional Summary:

Supporting press release from Rep. Tom Emmer (R-MN-6): This legislation will foster economic growth by providing relief to Main Street, tailor regulations for better efficacy, and most importantly it will empower individual Americans and give them more opportunity.

Opposing statement on ProPublica.org from Rep. Gregory Meeks (D-NY-5): The bill includes many provisions I support: minority-owned banks and credit unions in underserved communities have legitimate regulatory burden concerns. Unfortunately, exempting mortgage disclosures enacted to detect discriminatory practices will only assist the Trump Administration in its overall effort to curtail important civil rights regulations. I simply cannot vote for any proposal that would help this Administration chip away at laws that I and my colleagues worked so hard to enact and preserve.

Legislative outcome: Passed House 258-159-10 on May 22, 2018(Roll call 216); Passed Senate 67-31-2 on March 14, 2018(Roll call 54); Signed by President Trump. May 24, 2018

Source: Congressional vote 16-S2155 on Mar 14, 2018

Reduce corporate tax rates from 35% to 21% to create jobs.

Rutherford voted YEA Tax Cuts and Jobs Act

Summary by GovTrack.US: (Nov 16, 2017)

Case for voting YES by Heritage Foundation (12/19/17):This is the most sweeping update to the US tax code in more than 30 years. The bill would lower taxes on businesses and individuals and unleash higher wages, more jobs, and untold opportunity through a larger and more dynamic economy. The bill includes many pro-growth features, including a deep reduction in the corporate tax rate, a scaled-back state and local tax deduction, full expensing for five years, and lower individual tax rates.

Case for voting NO by Sierra Club (11/16/17): Republicans have passed a deeply regressive tax plan that will result in painful cuts to core domestic programs, to give billionaires and corporate polluters tax cuts while making American families pay the price. Among the worst provisions:

  • This plan balloons the federal deficit by over $1.5 trillion. Cutting taxes for the rich now means cuts to the federal budget and entitlements later.
  • The bill hampers the booming clean energy economy by ending tax credits for the purchase of electric vehicles and for wind and solar energy.
  • The bill opens up the Arctic Refuge to drilling, a thinly veiled giveaway to the fossil fuel industry.

    Legislative outcome: Passed House, 224-201-7, roll call #699 on 12/20; passed Senate 51-48-1, roll call #323 on 12/20; signed by Pres. Trump on 12/22.

    Source: Congressional vote 17-HR1 on Nov 16, 2017

    Voted YES on corporate transparency.

    Rutherford voted YEA The Corporate Transparency Act

    GovTrack.us Summary: Corporate Transparency Act (CTA): To ensure that persons who form corporations or limited liability companies disclose the owners, in order to prevent exploitation for criminal gain, to assist law enforcement against terrorism, money laundering, and other misconduct.

    Statement in support by Rep. Charlie Crist (D-FL-13): This bipartisan bill closes the shell corporation loophole by requiring identification of the actual person or persons who stand to gain financially from the arrangement. "Each year, nearly two million corporations are formed in the U.S., often requiring less information about the owner of than is needed to open a bank account. Unfortunately, this has allowed bad actors to exploit our laws--establishing shell companies that are used as a vehicle for money launderers and human traffickers," said Rep. Crist.

    Statement in opposition by The Heritage Foundation: Under the CTA, religious organizations and charities would be subject to fines unless they file a written certification with the Financial Crimes Enforcement Network. The CTA is easily and lawfully avoided by the sophisticated, and would do virtually nothing to achieve their stated aim of protecting society from illicit finance. The Improving Laundering Laws and Increasing Comprehensive Information Tracking of Criminal Activity in Shell Holdings Act [ILLICT CASH Act, the Republican-introduced alternative] makes meaningful improvements to other aspects of anti–money laundering laws.

    Legislative outcome: Bill Passed House, 249-173-10 on Rollcall no. 577, Oct. 22, 2019. [The 116th Congress terminated with no Senate action on this bill].

    Source: Congressional vote 19-HR2513 on May 3, 2019

    2021-22 Governor, House and Senate candidates on Corporations: John Rutherford on other issues:
    FL Gubernatorial:
    Adam Putnam
    Alexander Snitker
    Andrew Gillum
    Bill Nelson
    Charlie Crist
    Gwen Graham
    Nikki Fried
    Philip Levine
    Rick Scott
    Ron DeSantis
    Wayne Messam
    FL Senatorial:
    Bill Nelson
    Carlos Lopez-Cantera
    Charlie Crist
    David Jolly
    Edward Janowski
    Marco Rubio
    Pam Keith
    Patrick Murphy
    Rick Scott
    Ron DeSantis
    Incoming Republican Freshmen 2021:
    AL-1: Jerry Carl(R)
    AL-2: Barry Moore(R)
    CA-8: Jay Obernolte(R)
    CA-50: Darrell Issa(R)
    CO-3: Lauren Boebert(R)
    FL-3: Kat Cammack(R)
    FL-15: Scott Franklin(R)
    FL-19: Byron Donalds(R)
    GA-9: Andrew Clyde(R)
    GA-14: Marjorie Taylor Greene(R)
    IA-2: Mariannette Miller-Meeks(R)
    IA-4: Randy Feenstra(R)
    IL-15: Mary Miller(R)
    IN-5: Victoria Spartz(R)
    KS-1: Tracey Mann(R)
    KS-2: Jake LaTurner(R)
    LA-5: Luke Letlow(R)
    MI-3: Peter Meijer(R)
    MI-10: Lisa McClain(R)
    MT-0: Matt Rosendale(R)
    NC-11: Madison Cawthorn(R)
    NM-3: Teresa Leger Fernandez(D)
    NY-2: Andrew Garbarino(R)
    NY-22: Claudia Tenney(R)
    OR-2: Cliff Bentz(R)
    PR-0: Jenniffer Gonzalez-Colon(R)
    TN-1: Diana Harshbarger(R)
    TX-4: Pat Fallon(R)
    TX-11: August Pfluger(R)
    TX-13: Ronny Jackson(R)
    TX-17: Pete Sessions(R)
    TX-22: Troy Nehls(R)
    TX-23: Tony Gonzales(R)
    TX-24: Beth Van Duyne(R)
    UT-1: Blake Moore(R)
    VA-5: Bob Good(R)
    WI-5: Scott Fitzgerald(R)
    Incoming Democratic Freshmen 2021:
    CA-53: Sara Jacobs(D)
    GA-5: Nikema Williams(D)
    GA-7: Carolyn Bourdeaux(D)
    HI-2: Kai Kahele(D)
    IL-3: Marie Newman(D)
    IN-1: Frank Mrvan(D)
    MA-4: Jake Auchincloss(D)
    MO-1: Cori Bush(D)
    NC-2: Deborah Ross(D)
    NC-6: Kathy Manning(D)
    NY-15: Ritchie Torres(D)
    NY-16: Jamaal Bowman(D)
    NY-17: Mondaire Jones(D)
    WA-10: Marilyn Strickland(D)

    Republican takeovers as of 2021:
    CA-21: David Valadao(R) defeated T.J. Cox(D)
    CA-39: Young Kim(R) defeated Gil Cisneros(D)
    CA-48: Michelle Steel(R) defeated Harley Rouda(D)
    FL-26: Carlos Gimenez(R) defeated Debbie Mucarsel-Powell(D)
    FL-27: Maria Elvira Salazar(R) defeated Donna Shalala(D)
    IA-1: Ashley Hinson(R) defeated Abby Finkenauer(D)
    MN-7: Michelle Fischbach(R) defeated Collin Peterson(D)
    NM-2: Yvette Herrell(R) defeated Xochitl Small(D)
    NY-11: Nicole Malliotakis(R) defeated Max Rose(D)
    OK-5: Stephanie Bice(R) defeated Kendra Horn(D)
    SC-1: Nancy Mace(R) defeated Joe Cunningham(D)
    UT-4: Burgess Owens(R) defeated Ben McAdams(D)

    Special Elections 2021-2022:
    FL-20: replacing Alcee Hastings (D, SPEL Jan. 2022)
    LA-2: Troy Carter (R, April 2021)
    LA-5: Julia Letlow (R, March 2021)
    NM-1: Melanie Stansbury (D, June 2021)
    OH-11: replacing Marcia Fudge (D, SPEL Nov. 2021)
    OH-15: replacing Steve Stivers (R, SPEL Nov. 2021)
    TX-6: replacing Ron Wright (R, SPEL July 2021)
    Abortion
    Budget/Economy
    Civil Rights
    Corporations
    Crime
    Drugs
    Education
    Energy/Oil
    Environment
    Families
    Foreign Policy
    Free Trade
    Govt. Reform
    Gun Control
    Health Care
    Homeland Security
    Immigration
    Jobs
    Principles
    Social Security
    Tax Reform
    Technology
    War/Peace
    Welfare/Poverty



    Candidate Information:
    Main Page
    Profile
    FL politicians
     
    Search for...





    Page last updated: Oct 23, 2021