Sam Brownback on Corporations
Republican Sr Senator (KS)
Favored Sarbanes-Oxley bill against corporate malfeasance
Sen. Brownback’s record on regulation is generally pro-growth with just a few exceptions. His votes include:
Source: Club for Growth, “Second Presidential White Paper”
Feb 2, 2007
- Voted against raising the minimum wage (Roll Call #257, 10/19/05) (Roll Call #179, 06/21/06)
- Voted against the Patients’ Bill of
Rights, which allowed the government to impose a set of onerous mandates on insurance coverage instead of allowing individuals to make their own decisions in the marketplace (Roll Call # 220, 06/29/01)
- Voted against increasing restrictions on tobacco
companies (Roll Call #161, 06/17/98)
- At the same time, Senator Brownback has cast some votes that increase burdensome government regulations. The most unfortunate of these was his vote (admittedly along with all his Senate colleagues) in favor of the
Sarbanes-Oxley legislation, an overreaction to corporate malfeasance that imposed heavy financial burdens on companies (Roll Call #192, 07/25/02).
- He has also supported the CAN-SPAM Act of 2003 (Brownback press release, 10/27/03).
Voted NO on repealing tax subsidy for companies which move US jobs offshore.
Amendment to repeal the tax subsidy for certain domestic companies which move manufacturing operations and American jobs offshore.
Reference: Tax Subsidy for Domestic Companies Amendment;
Bill S AMDT 210 to S Con Res 18
; vote number 2005-63
on Mar 17, 2005
Voted YES on reforming bankruptcy to include means-testing & restrictions.
Amends Federal bankruptcy law to revamp guidelines governing dismissal or conversion of a Chapter 7 liquidation (complete relief in bankruptcy) to one under either Chapter 11 (Reorganization) or Chapter 13 (Adjustment of Debts of an Individual with Regular Income). Voting YES would:
Reference: Bankruptcy Abuse Prevention and Consumer Protection Act of 2005;
Bill S 256
; vote number 2005-44
on Mar 10, 2005
- Declare a debtor eligible only for Chapter 13, as anyone financially capable of paying back their creditors at a rate that still allows them to earn above their state's median income
- Place domestic support obligations such as child support and alimony amongst the first priority claim category of non-dischargeable debts on a debtor filing for bankruptcy
- Require debtors to pay for and attend credit counseling prior to filing for bankruptcy
- Cap home equity protection at $125,000 if the debtor purchased a house within 40 months of filing for bankruptcy.
Voted NO on restricting rules on personal bankruptcy.
Vote to pass a bill that would require debtors able to repay $10,000 or 25 percent of their debts over five years to file under Chapter 13 bankruptcy (reorganization and repayment) rather than Chapter 7 (full discharge of debt).
Bill HR 333
; vote number 2001-236
on Jul 17, 2001
Rated 100% by the US COC, indicating a pro-business voting record.
Brownback scores 100% by US Chamber of Commerce on business policy
Whether you own a business, represent one, lead a corporate office, or manage an association, the Chamber of Commerce of the United States of AmericaSM provides you with a voice of experience and influence in Washington, D.C., and around the globe.
Our members include businesses of all sizes and sectors—from large Fortune 500 companies to home-based, one-person operations. In fact, 96% of our membership encompasses businesses with fewer than 100 employees.
"To advance human progress through an economic, political and social system based on individual freedom, incentive, initiative, opportunity, and responsibility."The ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization's preferred position.
Source: COC website 03n-COC on Dec 31, 2003
Page last updated: Feb 08, 2010