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Occurrences in the Congressional Record

Entry Title Date
Honoring Aixa Torres November 19, 2014
Nydia Velázquez, D-NY
"Aixa was elected President of Alfred E. Smith Resident Association in 2010, representing over 4,300 tenants in twelve buildings. Now serving her second term as president, Aixa has stood out as a courageous, committed and caring fighter for Smith residents. She has worked to end neglect and abuse by city agencies, helped stop attempts to develop luxury apartments on open spaces, while caring for residents in the crisis of Hurricane Sandy."
American Jobs November 19, 2014
Paul Tonko, D-NY
"I was just going to add to that statement, Representative, that there was a GAO study, a report that was called for by Representative George Miller and Representative Sandy Levin. That report clearly indicated that the provisions of these trade agreements have not been carefully and well-enough monitored and enforced. Also, violations that were discovered which require investigations were not done expeditiously. There are huge delays."
Sandy Reinvestment Extension Act Of 2014 November 14, 2014
Christopher Smith, R-NJ
"Mr. Speaker, just over two weeks ago marked the second anniversary of Superstorm Sandy‘s landfall in New Jersey. I toured several areas hit hardest by the storm, meeting with residents and local officials who have been working at the ground level throughout the recovery. Their resiliency is ever-present, and much progress has been made. It remains clear however that as residents and businesses continue to rebuild, the federal government can do more to ensure a full recovery by incentivizing continued investment in the hard-hit communities. Many will never forget the iconic images following the storm of Casino Pier’s Jet Star roller coaster standing in the Atlantic Ocean off the shore of Seaside Heights, NJ. Businesses such as Casino Pier would eventually receive insurance payments for their lost or damaged property, a transaction known as an “involuntary conversion” under the U.S. tax code. Once the involuntary conversion occurs, businesses have a two-year replacement period, after which time any gain may be recognized and subject to taxation. With amusement rides and other costly business assets, full replacement can be impossible within the two-year period. Accordingly, following past disasters—including Hurricane Katrina, the 2007 Kansas storms, and 2008 Midwest storms, floods, and tornadoes—Congress has extended the replacement period to five years, giving businesses the time they need to reinvest the money in the community. The Sandy Reinvestment Extension Act of 2014 would provide the same extension to those affected in the Sandy disaster area, and would apply only where the replacement property is of substantial use in the same area—ensuring reinvestment in the affected communities. This legislation complements bills I have cosponsored—the Hurricane Sandy Tax Relief Act (H.R. 2137) and the Mortgage Forgiveness Tax Relief Act (H.R. 2994)—that together provide critical tax relief for homeowners and businesses still struggling to recover from Sandy. As we have learned from many previous natural disasters, recoveries take time, and victims are burdened long after the storm has passed. Mr. Speaker, I urge my colleagues to consider the Sandy Reinvestment Extension Act of 2014 and other critical tax relief legislation that will provide homeowners and businesses in the Sandy-impacted region with the assistance and tools needed for a full recovery."
In Recognition Of The 30Th Anniversary Of Clean Ocean Action November 14, 2014
Frank Pallone, D-NJ
"Currently based out of Sandy Hook in Highlands, New Jersey, Clean Ocean Action began above a hardware store in Sea Bright, New Jersey. It is led by Executive Director Cindy Zipf, who is also one of the founders of the organization. The coalition is comprised of 125 groups, including community, environmental, fishing, conservation, student, and service groups, among many others. Its members assist Clean Ocean Action staff in promoting policies and campaigns aimed at eliminating identified pollution issues."
Tribute To Dr. George D. Edwards November 13, 2014
Mitch McConnell, R-KY
"Mr. President, I rise today to honor a man who has dedicated his life’s work to education in the Commonwealth of Kentucky. Dr. George D. Edwards is the founding president and CEO of Big Sandy Community and Technical College, BSCTC, and he will step down from that position in January of 2015."

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