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Horsford veterans amendments fail; committee sustains point of order on unrelated veteran-layoff proposal
Summary
Rep. Horsford proposed two veterans-focused amendments — a veterans housing fund paid by a surtax on corporate buybacks and an inclusion of laid-off federal veterans in the Work Opportunity Tax Credit — both of which did not become law in committee after recorded votes and a sustained point of order.
Representative Horsford offered an amendment to create a veterans housing fund financed by a 1 percent surtax on excessive corporate stock buybacks by large firms (sponsor’s threshold: firms with over $10 billion in assets). Horsford said proceeds would finance housing and mental-health services for homeless and at-risk veterans and urged colleagues to support…
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