Search for...
Follow @ontheissuesorg
OnTheIssuesLogo

Steve Chabot on Corporations

Republican Representative (OH-1)


Voted YES 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

Voted YES on allowing stockholder voting on executive compensation.

To amend the Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation [and as part of that process, fully disclosing executive compensation].

Proponents support voting YES because:

We should not deprive the public, the stockholders, from being able to do anything meaningful once they find out about scandalous levels of executive compensation or board compensation. Everyone talks about the corporate board as the remedy. But the board is often a part of the problem, being paid huge amounts of money for showing up once or twice a year at meetings.

Give the stockholders a meaningful remedy. Once you get the mandatory disclosure put in place by previous legislation, we are saying the stockholders should be allowed to have a referendum on that and not have a runaround by the board.

Opponents support voting NO because:

This vote is based on mischaracterization--it is an unnecessary amendment. The opportunity for these kinds of votes already exists within the structure of corporate governance right now. A good company from Georgia, AFLAC, went ahead and already has these nonbinding shareholder votes. But there is a difference between having individuals in the private sector, shareholders and individuals outside of the mandating of government to have it occur and have government come in with its heavy hand and say, this is exactly what you need to do because we know best. Our constituents know better how to act and how to relate to corporations than Washington.

Reference: Shareholder Vote on Executive Compensation Act; Bill H R 1257 ; vote number 2007-244 on Apr 20, 2007

Voted YES on replacing illegal export tax breaks with $140B in new breaks.

Vote to pass a bill that would repeal an export tax break for U.S. manufacturers ruled an illegal trade subsidy by the World Trade Organization, while providing for about $140 billion in new corporate tax cuts. Revenue raising offsets would decrease the cost of the bill to $34.4 billion over 11 years. It would consist of a buyout for tobacco farmers that could not go over $9.6 billion. It also would allow the IRS to hire private collection agencies to get back money from taxpayers, and require individuals who claim a tax deduction for a charitable donation of a vehicle to obtain an independent appraisal of the car.
Reference: American Jobs Creation Act; Bill HR 4520 ; vote number 2004-259 on Jun 17, 2004

Voted YES on Bankruptcy Overhaul requiring partial debt repayment.

Vote to pass a bill that would make it easier for courts to change debtors from Chapter 7 bankruptcy, which allows most debts to be dismissed, to Chapter 13, which requires a repayment plan.
Reference: Bill sponsored by Gekas, R-PA; Bill HR 333 ; vote number 2001-25 on Mar 1, 2001

Rated 90% by the US COC, indicating a pro-business voting record.

Chabot scores 90% by US Chamber of Commerce on business policy

Whether you own a business, represent one, lead a corporate office, or manage an association, the Chamber of Commerce of the United States of AmericaSM provides you with a voice of experience and influence in Washington, D.C., and around the globe.

Our members include businesses of all sizes and sectors—from large Fortune 500 companies to home-based, one-person operations. In fact, 96% of our membership encompasses businesses with fewer than 100 employees.

Mission Statement:

"To advance human progress through an economic, political and social system based on individual freedom, incentive, initiative, opportunity, and responsibility."
The ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization's preferred position.
Source: COC website 03n-COC on Dec 31, 2003

Repeal ObamaCare reporting requirements for small business.

Chabot co-sponsored Small Business Paperwork Mandate Elimination Act

A BILL To repeal the expansion of information reporting requirements for payments of $600 or more to corporations. Section 9006 of the Patient Protection and Affordable Care Act, and the amendments made thereby, are hereby repealed; and the Internal Revenue Code of 1986 shall be applied as if such section, and amendments, had never been enacted. [This is the first attempt at dismantling ObamaCare by pieces, as opposed to H.R. 2 which dismantles ObamaCare in whole. The proposed section of the ObamaCare law to be repealed appears below. --OnTheIssues editor].

Source: HR144&HR4 11-HR004 on Jan 12, 2011

Expand lending caps for credit unions to small business.

Chabot 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

Rated 0% by UFCW, indicating a pro-management voting record.

Chabot scores 0% by UFCW on labor-management issues

The United Food and Commercial Workers International Union (UFCW) is North America's Neighborhood Union--1.3 million members with UFCW locals in all 50 states, Puerto Rico and Canada. Our members work in supermarkets, drug stores, retail stores, meatpacking and meat processing plants, food processing plants, and manufacturing workers who make everything from fertilizer to shoes. We number over 60,000 strong with 25,000 workers in chemical production and 20,000 who work in garment and textile industries.

    The UFCW House scorecard is based on these key votes:
  1. (+) Extension of Trade Adjustment Assistance (TAA)
  2. (+) H. Am. 877 Bishop Am. to HR 3094, penalties for lawsuits against unionization
  3. (+) H. Am. 880 Jackson-Lee Am. to HR 3094, preventing delays in union votes
  4. (-) Middle Class Tax Relief and Job Creation Act, freezing public salaries
  5. (-) Regulation from the Executive in Need of Scrutiny (REINS) Act, for less corporate regulation
  6. (-) Repealing the Job-Killing Health Care Law Act
  7. (-) Workforce Democracy and Fairness Act, letting CEOs fire union organizers
Source: UFCW website 12-UFCW-H on May 2, 2012

2012 Governor, House and Senate candidates on Corporations: Steve Chabot on other issues:
OH Gubernatorial:
John Kasich
OH Senatorial:
Rob Portman
Sherrod Brown



Lame-duck session 2012:
KY-4: Thomas Massie(R)
MI-11:Dave Curson(D)
NJ-9: Donald Payne Jr.(D)
WA-1: Suzan DelBene(D)

Re-seated Former Reps:
AZ-1: Ann Kirkpatrick(D)
AZ-5: Matt Salmon(R)
FL-8: Alan Grayson(D)
IL-11:Bill Foster(D)
NH-1: Carol Shea-Porter(D)
NV-3: Dina Titus(D)
NY-24:Dan Maffei(D)
TX-36:Steve Stockman(R)

2013 Resignations and Replacements:
AL-1:Jo Bonner(R,resigned)
IL-2:Jesse Louis Jackson(D,resigned)
IL-2:Robin Kelly(D)
MA-5:Ed Markey(D,to Senate)
MA-8:Stephen Lynch(D)
MO-8:Jo Ann Emerson(R,resigned)
MO-8:Jason Smith(R,elected June 2013)
SC-1:Tim Scott(R,resigned)
SC-1:Mark Sanford(R)
SC-1:Elizabeth Colbert-Busch(D)
Newly-elected Democrats:
AZ-9: Kyrsten Sinema
CA-2: Jared Huffman
CA-7: Ami Bera
CA-15:Eric Swalwell
CA-24:Julia Brownley
CA-29:Tony Cardenas
CA-35:Gloria Negrete McLeod
CA-36:Raul Ruiz
CA-41:Mark Takano
CA-47:Alan Lowenthal
CA-51:Juan Vargas
CA-52:Scott Peters
CT-5: Elizabeth Esty
FL-18:Patrick Murphy
FL-22:Lois Frankel
FL-26:Joe Garcia
HI-2: Tulsi Gabbard
IL-8: Tammy Duckworth
IL-10:Brad Schneider
IL-12:Bill Enyart
IL-17:Cheri Bustos
MD-6: John Delaney
MA-4: Joe Kennedy III
MI-5: Dan Kildee
MN-8: Rick Nolan
NV-4: Steven Horsford
NH-2: Annie Kuster
NM-1: Michelle Lujan-Grisham
NY-5: Grace Meng
NY-10:Hakeem Jeffries
NY-18:Sean Maloney
OH-10:Joyce Beatty
PA-17:Matt Cartwright
TX-16:Beto O`Rourke
TX-20:Joaquin Castro
TX-23:Pete Gallego
TX-33:Marc Veasey
TX-34:Filemon Vela
WA-6: Derek Kilmer
WA-10:Denny Heck
WI-2: Mark Pocan
Newly-elected Republicans:
AR-4: Tom Cotton
CA-1: Doug LaMalfa
CA-21:David Valadao
CA-41:Paul Cook
FL-3: Ted Yoho
FL-6: Ron DeSantis
FL-19:Trey Radel
GA-9: Doug Collins
IL-15:Rodney Davis
IN-2: Jackie Walorski
IN-5: Susan Brooks
IN-6: Luke Messer
KY-6: Andy Barr
MI-11:Kerry Bentivolio
MO-2: Ann Wagner
MT-0: Steve Daines
NY-26:Chris Collins
NC-8: Richard Hudson
NC-9: Robert Pittenger
NC-11:Mark Meadows
NC-13:George Holding
ND-0: Kevin Cramer
OH-2: Brad Wenstrup
OH-14:Dave Joyce
OK-1: Jim Bridenstine
OK-2: Markwayne Mullin
PA-4: Scott Perry
PA-12:Keith Rothfus
SC-7: Tom Rice
TX-14:Randy Weber
TX-25:Roger Williams
UT-2: Chris Stewart
Abortion
Budget/Economy
Civil Rights
Corporations
Crime
Drugs
Education
Energy/Oil
Environment
Families/Children
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Immigration
Infrastructure/Technology
Jobs
Principles/Values
Social Security
Tax Reform
War/Iraq/Mideast
Welfare/Poverty

Main Page
Profile
OH politicians
OH Archives

Contact info:
Fax Number:
202-225-3012
House Contact
Mailing Address:
Office 2351 RHOB, Wash., DC 20515
Phone number:
202-225-2216

Page last updated: Jun 28, 2013