Congressional Expectations in 2010

Congress is not even close to finishing the issues it began this past January, and when they return following their brief winter break, they will face a number of regulatory issues, including:

• Federal Trade Commission (FTC) -- Expect the FTC to get more involved in consumer financial protection. Under new proposed regulations, the FTC will be given more authority to levy fines and investigate firms doing with others know to violate FTC rules. Privacy will also be an issue, in terms of how media companies, retailers, advertisers and others collect and use consumer information. THOUGHTS??? Contact your Member of Congress.
• Food and Drug Administration (FDA) -- Next year Congress also will look at our nation's food safety laws.
• Transportation -- Congress will look at two major bills next year, including the new proposed "Jobs" bill and the re-authorization of the Transportation Equity Act which expired this past September but was extended into next year. Another issue however, will be an issue that a number states have already considered -- TXTing while driving. But these regulations will be geared toward truck drivers.
• Environment -- Congress will continue their debate on climate change and air emissions while also looking at our nation's fresh water system.
• Taxes -- Congress will also address tax issues that are set to sunset in the coming year.

Regardless of the issues, next year proves to be a busy one. On top of the packed Congressional agenda, 2010 also is an election year so by definition each issue is a political issue and will be weighed in the context of how it is perceived back home. Therefore, it is vital that you make your views known, advocate for or against issues important to you and your business, and ask for money for various programs and projects. In this economy, we all can use a little help from Congress and the Federal government.

Congress to debate energy reform this week

U.S. Senator Barbara Boxer (D-CA), Chairman of the Senate Committee on Environment and Public Works, today released the text of the Chairman's Mark of the Clean Energy Jobs and American Power Act (S. 1733), this past Friday.

New and revised language in the Chairman's Mark released include:

• Specifies distribution of emissions allowances;
• Ensures that the majority of investments in the bill are for consumer protection;
• Includes new provisions to address clean coal technology;
• Increases investments in energy efficiency and renewable energy;
• Reduces greenhouse gas emissions and increases investments in the transportation sector;
• Enhances agriculture and forestry provisions;
• Directs assistance to rural communities;
• Includes greater assistance for small and medium refineries;
• Enhances the role of tribes;
• Increases the size of the market stability reserve; and
• Promotes advanced renewable fuels.

To see a copy of the bill, find it here. To find the differences between the earlier version? For more information on the bill and hearings scheduled for this week, beginning, contact dcherrin@cherrinlawgroup.com.

Michigan...It is time to seize the opportunity

Although it is officially summer, there is a big chill across Michigan. With the auto industry firmly in control by the federal government, Congress continues to focus on the economy, the environment and on everyone’s health. Just before the July 4th recess, the U.S. House of Representatives passed The American Clean Energy and Security (ACES) Act (HR 2454), a major piece of legislation affecting climate change, energy and the environment.

While Detroit and the entire state of Michigan continue to struggle, we must find opportunity amidst crisis and take advantage of every and any opportunity to restore stability to Michigan’s economy. There is no doubt that our struggling automakers and suppliers will receive additional help once ACES passes Congress. The American Recovery and Reinvestment Act (ARRA) also will provide much needed assistance for Detroit and for Michigan.

Restoring stability and setting a path to economic diversity requires leadership to make a bad situation good. The climate change legislation contains a number of provisions that can bolster our state’s position, bring our auto industry into the next generation and help diversify our state’s economy so we are no longer a one-industry town. This includes:

• Retooling existing and recently abandoned plants to meet new fuel and energy standards.
• Retrofit plants to accommodate electronic vehicle production.
• Securing funding for Detroit’s efforts to create light rail and mass transit in the region and become a model for other communities by adapting the latest and cleanest transportation technology.
• Direct engineers leaving the auto industry to create new companies to support the development and commercialization of clean energy technology.
• Lobby the federal government to have Detroit house one of eight regional Clean Energy Innovation Centers.
• Celebrate our collaborative efforts to incubate new companies in partnership with our universities through the University Research Corridor and Next Energy and identify federal resources to expand Next Energy and Tech Town.

This bill also contains a number of provisions vital to the growth of green vehicles and a number of opportunities to keep the engineers, designers and line workers recently laid off, from the auto industry, employed in Michigan. By no means is this a perfect piece of legislation, and it does not necessarily favor Detroit over other regions. However, it is a blueprint by which Detroit and this state must change if we are to weather this storm and restore stability to our economy and to our people. We as a state must work together to leverage our assets and seize the opportunities provided to us in this legislation. By taking advantage of the tools given to us, we can take advantage of the incentives and financial opportunities to retool our economy and emerge much stronger than we have ever been.