Senate Committee on Finance
Writes the Senate's tax laws and handles tariffs, trade deals and federal borrowing. It also covers Social Security, Medicare, Medicaid, children's health insurance (CHIP) and family cash aid (TANF).
Writes the Senate's tax laws and handles trade deals. Also covers Social Security, Medicare and Medicaid.
WHAT IT DECIDES
TaxesTrade and tariffsMedicareMedicaid and CHIPSocial SecurityFederal borrowing
TaxesTrade and tariffsMedicareMedicaid and CHIPSocial SecurityFederal borrowing
ITS RECORD THIS CONGRESS
971 bills sent here. 26 came out.971 bills in. 26 came out.
REFERRED971
CAME OUT2.7%26
PASSED THE SENATE81%21
BECAME LAW19%4
2.7% came out, against a Senate average of 12%.
REFERRED
971
THIS CONGRESS
CAME OUT
26
2.7% OF PREVIOUS
PASSED THE SENATE
21
81% OF PREVIOUS
BECAME LAW
4
19% OF PREVIOUS
Bills can be sent to more than one committee. “Came out” means this committee voted to report it or was discharged from it, or the full Senate passed it.
BILLS WAITING HERE · 917
What the chair hasn’t taken up yetNot taken up yet
S. 5672 · SENT SEP 300 COSPONSORSS. 5672SENT SEP 30Modify physician payments under MedicareTL;DR Medicare uses federal rules to determine payments to physicians. The bill would change certain physician payments under Medicare by amending the Social Security Act.Roger MarshallR-KSRoger MarshallR-KS0 COSPONSORSS. 5669 · SENT SEP 307 COSPONSORSS. 5669SENT SEP 30Treat appreciated property gifts like political donationsTL;DR Donors may face different tax treatment when transferring appreciated property to different kinds of organizations. The bill would change federal tax law so transfers to certain tax-exempt organizations are treated the same as transfers to political organizations.Sheldon WhitehouseD-RISheldon WhitehouseD-RI7 COSPONSORSS. 5666 · SENT SEP 300 COSPONSORSS. 5666SENT SEP 30Collect duties waived under the solar tariff moratoriumTL;DR Tariffs are duties charged on imported goods. The bill would require assessment and collection of duties it says were improperly waived under the solar tariff moratorium.Bernie MorenoR-OHBernie MorenoR-OH0 COSPONSORSS. 5664 · SENT SEP 301 COSPONSORSS. 5664SENT SEP 30Retrain and support workers displaced by automation or AITL;DR Workers can lose jobs when employers adopt automation or artificial intelligence, and unemployment can rise more broadly. The bill would provide retraining and support for workers displaced by those technologies and require federal action during periods of elevated unemployment.Brian SchatzD-HIBrian SchatzD-HI1 COSPONSORS. 5661 · SENT SEP 301 COSPONSORSS. 5661SENT SEP 30Equalize tax treatment of sports franchise employee payTL;DR Tax rules limit how much employers can deduct for certain employee pay. The bill would change how that limit applies to professional sports franchises, with the stated aim of making their tax treatment more equal. The title does not give details about the change.Raphael G. WarnockD-GARaphael G. WarnockD-GA1 COSPONSOR
MEMBERS · 27
In seniority order, so you can see who’s next in lineBy seniority, so you see who’s next in line
REPUBLICANS14 SEATS
1Mike CrapoIDCHAIR2Chuck GrassleyIASUBCMTE CHAIR3John CornynTXLOST PRIMARY4John ThuneSD5Tim ScottSC6Bill CassidyLALOST PRIMARY7James LankfordOKSUBCMTE CHAIR8Steve DainesMTRETIRING9Todd YoungINSUBCMTE CHAIR10John BarrassoWYSUBCMTE CHAIR11Ron JohnsonWISUBCMTE CHAIR12Thom TillisNCRETIRING13Marsha BlackburnTN14Roger MarshallKSDEMOCRATS AND INDEPENDENTS13 SEATS
1Ron WydenORRANKING2Maria CantwellWASUBCMTE RANKING3Michael F. BennetCOSUBCMTE RANKING4Mark R. WarnerVA5Sheldon WhitehouseRI6Maggie HassanNHSUBCMTE RANKING7Catherine Cortez MastoNV8Elizabeth WarrenMA9Bernie SandersVTSUBCMTE RANKING10Tina SmithMNRETIRING11Ben Ray LujánNM12Raphael G. WarnockGASUBCMTE RANKING13Peter WelchVTWHERE THEY’RE FROM26 STATES
AKMEVTNHWAIDMTNDMNILWIMINYRIMAORNVWYSDIAINOHPANJCTCAUTCONEMOKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFL
Darker means more members. Vermont has the most, with 2.
WHAT IT HANDLES
Taxes first, then health
Taxes44746%
Health26527%
Trade717.3%
Social welfare424.3%
Families192%
Other12713%
SUBCOMMITTEES · 6
Where the detailed work happens
Energy, Natural Resources, and Infrastructure11Energy tax incentives, fuel taxes and infrastructure financing● James Lankford● Maria CantwellCHAIR● James LankfordRANKING● Maria Cantwell11SEATSFiscal Responsibility and Economic Growth3Federal debt, fiscal policy and economic growth● Ron Johnson● Tina SmithCHAIR● Ron JohnsonRANKING● Tina Smith3SEATSHealth Care21Medicare, Medicaid and the Children's Health Insurance Program● Todd Young● Maggie HassanCHAIR● Todd YoungRANKING● Maggie Hassan21SEATSInternational Trade, Customs, and Global Competitiveness15Trade agreements, tariffs, customs and imports● John Cornyn● Raphael G. WarnockCHAIR● John CornynRANKING● Raphael G. Warnock15SEATSSocial Security, Pensions, and Family Policy5Social Security, pensions and family programs such as TANF● Chuck Grassley● Bernie SandersCHAIR● Chuck GrassleyRANKING● Bernie Sanders5SEATSTaxation and IRS Oversight17Federal tax law and IRS operations● John Barrasso● Michael F. BennetCHAIR● John BarrassoRANKING● Michael F. Bennet17SEATS
HEARINGS AND MARKUPS
When it meets
33
hearings this Congress
20
markups
Includes the 6 subcommittees. A markup is where members amend a bill and vote to send it to the floor.
Nothing scheduled yet. Committees post meetings about a week ahead.
ALL IN THE HEARINGS HUB →