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Donald Payne Jr. on Corporations

 

 


Voted NO on workforce training by state block grants & industry partners.

Congressional Summary: Opponent's Argument for voting No:
    National League of Cities op-ed, "H.R. 803 fails because it would:"
  1. Undermine the local delivery system that has been the cornerstone of job training programs
  2. Establish a program that is based on political boundaries (states) rather than on economic regions and local labor markets, or the naturally evolving areas in which workers find paying work
  3. Eliminate a strong role for local elected officials but require that they continue to be fiscally liable for funds spent in their local areas
  4. Change what was once a program targeted to those most in need--economically disadvantaged adults and youth and special population groups like veterans, migrant farm workers, and low income seniors--into a block grant to governors
  5. Contribute to the emerging division between those American's who have the requisite skills to find employment and those who do not.
Reference: SKILLS Act; Bill H.R. 803 ; vote number 13-HV075 on Mar 15, 2013

Expand lending caps for credit unions to small business.

Payne co-sponsored Small Business Lending Enhancement Act

Congressional Summary:

Supporter's Comments: (by CUNA, a pro-credit union organization)
America's small businesses are the engine of growth of our nation's economy. The effects of the financial crisis of the past few years have spread to all types of lending, resulting in a reduction in the availability of business credit. At a time when banks are withdrawing credit from America's small businesses, credit unions have actually been expanding credit to small businesses, but with more credit unions approaching the cap, this growth is threatened. Congress should enact legislation which increases the credit union member business lending cap from 12.25% of assets to 27.5% for well-capitalized credit unions

Opponent's Comments: (by the Independent Community Banks of America, Nov. 15, 2012)
The tax-subsidized credit union industry is pressing for doubling the statutory cap Congress placed on member business loans. Shifting assets from tax-paying banks to tax-exempt credit unions would reduce tax revenue to the government; the CBO estimates the revenue impact at $354 million over 10 years. We believe that banks are currently meeting the needs of credit-worthy businesses, as substantiated by numerous business surveys.

Source: HR1418 /S2231 12-S2231 on Mar 22, 2012

Sponsored enforcing against corporate offshore tax haven banking.

Payne co-sponsored Stop Tax Haven Abuse Act

Congressional Summary:Stop Tax Haven Abuse Act: to impose restrictions on foreign jurisdictions or financial institutions operating in the US that are of prime money laundering concern or that significantly impede US tax enforcement.

Proponent's argument for bill: (by Jubilee USA Network, a religious antipoverty organization):

"The religious community couldn't be more pleased with this vital legislation that protects poor people inside and outside our borders. This legislation means that corporations can't rob billions of dollars from poor people across the globe. A critical piece of the legislation is country-by-country reporting of corporate payments to governments. Reporting at this level sheds light on the tax dodging that hurts all of us."

Source: H.R.1554 / S.268 13-H1554 on Apr 15, 2013

2016-17 Governor, House and Senate candidates on Corporations: Donald Payne Jr. on other issues:
NJ Gubernatorial:
Barbara Buono
Chris Christie
Cory Booker
NJ Senatorial:
Cory Booker
Frank Pallone
Jeff Bell
Jeff Chiesa
Murray Sabrin
Robert Menendez
Rush Holt
Steve Lonegan

Newly-elected Democrats taking office Jan.2017:
AZ-1:O`Halleran(D)
CA-17:Khanna(D)
CA-20:Panetta(D)
CA-24:Carbajal(D)
CA-44:Barragan(D)
CA-46:Correa(D)
DE-0:Rochester(D)
FL-5:Lawson(D)
FL-7:Murphy(D)
FL-9:Soto(D)
FL-10:Demings(D)
FL-13:Crist(D)
HI-1:Hanabusa(D)
IL-10:Schneider(D)
IL-8:Krishnamoorthi(D)
MD-4:Brown(D)
MD-8:Raskin(D)
NH-1:Shea-Porter(D)
NJ-5:Gottheimer(D)
NV-3:Rosen(D)
NV-4:Kihuen(D)
NY-3:Suozzi(D)
NY-13:Espaillat(D)
PA-2:Evans(D)
TX-15:Gonzalez(D)
VA-4:McEachin(D)
WA-7:Jayapal(D)
Newly-elected Republicans taking office Jan.2017:
AZ-5:Biggs(R)
FL-1:Gaetz(R)
FL-2:Dunn(R)
FL-18:Mast(R)
FL-19:Rooney(R)
FL-4:Rutherford(R)
GA-3:Ferguson(R)
IN-3:Banks(R)
IN-9:Hollingsworth(R)
KS-1:Marshall(R)
KY-1:Comer(R)
MI-1:Bergman(R)
MI-10:Mitchell(R)
MN-2:Lewis(R)
NC-13:Budd(R)
NE-2:Bacon(R)
NY-19:Faso(R)
NY-22:Tenney(R)
PA-8:Fitzpatrick(R)
TN-8:Kustoff(R)
TX-19:Arrington(R)
VA-2:Taylor(R)
VA-5:Garrett(R)
WI-8:Gallagher(R)
WY-0:Cheney(R)
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Page last updated: Jan 27, 2017