HB 1366: Reservation Reinvestment Act of 2019 (Passed)
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  HB 1366: Reservation Reinvestment Act of 2019 (Passed)		 « previous next »
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Author Topic: HB 1366: Reservation Reinvestment Act of 2019 (Passed)  (Read 2761 times)
Esteemed Jimmy
Jimmy7812
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« Reply #25 on: January 26, 2019, 11:09:02 AM »
Devout Centrist’s amendment has been adopted. The bill currently stands as:

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Mr. Reactionary
blackraisin
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« Reply #26 on: January 26, 2019, 11:22:37 AM »
The other 2 inventory accounting methods that need to be eliminated along with LIFO, are the Lower of Cost or Market method  (LCM) and the Subnormal Goods method. Both are used less frequently than LIFO but were included in the numbers I found.
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Devout Centrist
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« Reply #27 on: January 26, 2019, 11:47:57 AM »
Quote from: Mr. Reactionary on January 26, 2019, 11:22:37 AM
The other 2 inventory accounting methods that need to be eliminated along with LIFO, are the Lower of Cost or Market method  (LCM) and the Subnormal Goods method. Both are used less frequently than LIFO but were included in the numbers I found.
Subnormal goods is already eliminated via the amendment; LCM is Section 471, so I'll go ahead and amend that today.
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Devout Centrist
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« Reply #28 on: January 26, 2019, 12:48:07 PM »
I propose the following amendment:

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Esteemed Jimmy
Jimmy7812
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« Reply #29 on: January 26, 2019, 02:15:30 PM »
Representatives have 24 hours for objections to the proposed amendment.
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YE
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« Reply #30 on: January 27, 2019, 04:59:44 AM »
This seems fine. Just as an FYI, I hope people realize that with so many revenue bills around, we need to be flexible with how stuff is funded as there may be changes in one chamber at the last minute that many people to meet paygo (which I support in game).
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Esteemed Jimmy
Jimmy7812
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« Reply #31 on: January 27, 2019, 03:45:23 PM »
Devout Centrist's amendment has been adopted. The bill currently stands as:

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Esteemed Jimmy
Jimmy7812
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« Reply #32 on: January 27, 2019, 07:39:27 PM »
Do any other representatives have anything to add?
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Devout Centrist
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« Reply #33 on: January 28, 2019, 10:59:18 AM »
If my colleagues have no further questions, I believe we should start a final vote.
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Esteemed Jimmy
Jimmy7812
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« Reply #34 on: January 28, 2019, 12:01:59 PM »
Quote from: Devout Centrist on January 28, 2019, 10:59:18 AM
If my colleagues have no further questions, I believe we should start a final vote.

Representatives have 24 hours for objections.
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Mr. Reactionary
blackraisin
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« Reply #35 on: January 28, 2019, 12:13:48 PM »
Quote from: Mr. Reactionary on January 26, 2019, 11:22:37 AM
The other 2 inventory accounting methods that need to be eliminated along with LIFO, are the Lower of Cost or Market method  (LCM) and the Subnormal Goods method. Both are used less frequently than LIFO but were included in the numbers I found.
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Devout Centrist
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« Reply #36 on: January 28, 2019, 12:27:24 PM »
Quote from: Mr. Reactionary on January 28, 2019, 12:13:48 PM
Quote from: Mr. Reactionary on January 26, 2019, 11:22:37 AM
The other 2 inventory accounting methods that need to be eliminated along with LIFO, are the Lower of Cost or Market method  (LCM) and the Subnormal Goods method. Both are used less frequently than LIFO but were included in the numbers I found.
Again, Section 471 of SEC 3302 covers LCM and was amended so that the wording specifically excludes lower or cost of market. I introduced an amendment after you pointed that out. Subnormal goods is already eliminated as an inventory write down in point 2 of Section 6.
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Esteemed Jimmy
Jimmy7812
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« Reply #37 on: January 29, 2019, 04:06:30 PM »
A final vote has begun on this bill. Please vote AYE, NAY, or ABSTAIN.

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Esteemed Jimmy
Jimmy7812
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« Reply #38 on: January 29, 2019, 04:07:17 PM »
Aye
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Wikipedia delenda est
HenryWallaceVP
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« Reply #39 on: January 29, 2019, 04:07:23 PM »
Aye
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Devout Centrist
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« Reply #40 on: January 29, 2019, 04:08:34 PM »
Aye
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JGibson
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« Reply #41 on: January 29, 2019, 05:15:07 PM »
AYE
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P. Clodius Pulcher did nothing wrong
razze
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« Reply #42 on: January 29, 2019, 06:26:53 PM »
Aye
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Esteemed Jimmy
Jimmy7812
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« Reply #43 on: January 29, 2019, 06:28:29 PM »
With a majority of representatives voting to pass this bill, the vote will close in 24 hours and any Representative who wishes to change his or her vote must do so during that interval.
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At-Large Senator LouisvilleThunder
LouisvilleThunder
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« Reply #44 on: January 30, 2019, 07:12:40 PM »
Aye
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Esteemed Jimmy
Jimmy7812
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« Reply #45 on: January 30, 2019, 07:16:29 PM »
Voting has closed. The final vote stands as:

Aye: 6 (Devout Centrist, HenryWallaceVP, JGibson, Jimmy7812, LouisvilleThunder, razze)
Nay: 0
Abstain: 0
Missed: 3 (1184AZ, Ninja0428, Tea Party Hater)

Therefore, voting has closed and this bill passes 6-0-0-3.
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YE
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« Reply #46 on: January 31, 2019, 03:35:15 PM »
Can you sign this so I can put it on the Senate floor?
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Esteemed Jimmy
Jimmy7812
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« Reply #47 on: January 31, 2019, 03:40:31 PM »
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People's House of Representatives
Passed in the House of Representatives 6-0-0-3


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