MegaVote November 20, 2017
Flood Insurance Reauthorization – Vote Passed (237-189, 7 Not Voting)
Passage of the bill, as amended, would reauthorize the National Flood Insurance Program through fiscal 2022 and would make modifications to the program, including: raise annual surcharges and reserve fund assessments on federal flood insurance policyholders, raise rates on properties that incur multiple losses, establish an annual deductible for severe and extreme repetitive loss properties and end the requirement that flood insurance be purchased for commercial and multifamily properties located in flood risk zones.
Rep. John Faso voted YES
Fiscal 2018 National Defense Authorization-Conference Report – Vote Passed (356-70, 7 Not Voting)
Adoption of the conference report on the bill would authorize $692.1 billion for defense programs in fiscal 2018, including $65.7 billion for overseas operations in Afghanistan, Iraq and Syria, and for the general war on terror. It would authorize $241.2 billion for operations and maintenance; $146.2 billion for military personnel; 10.7 billion for military construction and family housing; $15 billion for ballistic-missile defense; and $33.9 billion for defense health care programs, including $396 million from the overseas operations account. It also would prohibit the use of funds for a new round of base closures. It would authorize $8 billion for various cybersecurity programs. The bill would authorize a 2.4 percent pay raise for military personnel. It also would prohibit detainees at Guantanamo Bay, Cuba, from being transferred to U.S. soil, and would prohibit the closing of the main base and detention facility at Guantanamo.
Rep. John Faso voted YES
Tax Overhaul – Vote Passed (227-205, 2 Not Voting)
Passage of the bill would revise the federal income tax system by: lowering individual and corporate tax rates; consolidating the current seven tax income rates into four rates; eliminating the deduction for state and local income taxes; limiting certain deductions for property taxes and home mortgages; and creating a new system of taxing U.S. corporations with foreign subsidiaries. Specifically, it would eliminate personal exemptions and would nearly double the standard deduction. It would raise the child tax credit through 2022, repeal the alternative minimum tax, repeal the estate tax in 2025 and reduce the gift tax rate in 2025. It would establish a new top tax rate for pass-through business income and would modify tax credits related to energy production.
Rep. John Faso voted NO