Entire Issue (PDF)
Total Page：16
File Type：pdf, Size：1020Kb
E PL UR UM IB N U U S Congressional Record United States th of America PROCEEDINGS AND DEBATES OF THE 114 CONGRESS, FIRST SESSION Vol. 161 WASHINGTON, MONDAY, JULY 13, 2015 No. 108 House of Representatives The House met at noon and was board member of Fortune 500 compa- For all his many accomplishments, called to order by the Speaker pro tem- nies like Weyerhaeuser and First Inter- his family and friends were central in pore (Mr. EMMER of Minnesota). state Bank, now Wells Fargo. He was his life, even more so as the years f widely regarded as the most influential passed. He lost his beloved wife, Emily, business leader in Oregon for 2 decades. in 2003, after 56 years of marriage. To- DESIGNATION OF SPEAKER PRO Don’s influence, though, extended be- gether, they built a family, a career, TEMPORE yond the business space. He was also on and a better community. The SPEAKER pro tempore laid be- the board of two prestigious Northwest A little at loose ends after losing fore the House the following commu- academic institutions, Whitman Col- Emily, later in life, he met, wooed, and nication from the Speaker: lege in Walla Walla and Reed College in wed a widow who was his neighbor, WASHINGTON, DC, Portland, where he played a critical Betty Perkins. Together, they found July 13, 2015. role in the development of that storied extraordinary happiness. They had an I hereby appoint the Honorable TOM institution. amazing effect on everyone they met, EMMER to act as Speaker pro tempore on this He helped promote the growth of whether on a cruise, on the 60th re- day. Portland State University, the Oregon union of Don’s class at the Harvard JOHN A. BOEHNER, Speaker of the House of Representatives. Health Science University, and helped Business School, or just people on the guide the Children’s Institute. street. f Later in his retirement, he worked At a time when most their age would MORNING-HOUR DEBATE for 5 years with his daughter-in-law, be in rocking chairs, they were trav- The SPEAKER pro tempore. Pursu- Denise Frisbee, on a program through- eling the world, providing inspiration ant to the order of the House of Janu- out the State of Oregon to connect peo- to all privileged to spend time around ary 6, 2015, the Chair will now recog- ple with their public schools. them. His was an extraordinary life nize Members from lists submitted by He cared deeply about the civic infra- well lived. the majority and minority leaders for structure, how to encourage and em- Portland is often regarded as one of morning-hour debate. power individuals to make a difference America’s finest city, listed on all the The Chair will alternate recognition the way that he, himself, had. He was best places. Over the last 50 years, no between the parties, with each party instrumental in the creation and one made it a better place than Don limited to 1 hour and each Member growth of the Oregon Leadership Frisbee. other than the majority and minority Forum, which now for 30 years has Our hearts go out to Don’s family; leaders and the minority whip limited gathered people from all across Oregon his wife, Betty; and to all of those who to 5 minutes, but in no event shall de- on an ongoing, yearlong program to de- were touched by this extraordinary bate continue beyond 1:50 p.m. velop leadership capacity and commit- man. f ment to our State. From its founding f to his board leadership, from partici- DON FRISBEE pating in the very first year’s program- TIME TO STREAMLINE SIMPLE The SPEAKER pro tempore. The ming, he was the driving force for this IRA ROLLOVERS Chair recognizes the gentleman from unique organization. The SPEAKER pro tempore. The Oregon (Mr. BLUMENAUER) for 5 min- The utility executive was passionate Chair recognizes the gentlewoman from utes. about Oregon’s special places. He loved North Carolina (Ms. FOXX) for 5 min- Mr. BLUMENAUER. Mr. Speaker, the out-of-doors and his own special utes. this weekend, we will gather in Port- place, his beloved ranch in Sisters, lo- Ms. FOXX. Mr. Speaker, in 1966, Fed- land to mourn the passing and cele- cated in a spectacular setting in cen- eral legislation established a new type brate the life of Don Frisbee, who died tral Oregon. of employer-sponsored retirement plan June 26 at the age 91. This veteran utility executive didn’t known as a SIMPLE IRA. These plans Don led an extraordinary life, rising think there was a conflict between are designed to give small businesses a through the company ranks to become sound, sustainable business practices retirement option for their employees the chairman and CEO of PacifiCorp, and protecting the environment. Dur- without the administrative burdens of then the major private utility in the ing the last conversation I had with other employer-sponsored retirement Pacific Northwest. Don, he talked about how delighted he plan types. He was a bold and visionary leader of was with the Pope’s encyclical on the SIMPLE IRAs face a 25 percent early this important company. He was a environment and global warming. withdrawal penalty during the first 2 b This symbol represents the time of day during the House proceedings, e.g., b 1407 is 2:07 p.m. Matter set in this typeface indicates words inserted or appended, rather than spoken, by a Member of the House on the floor. H5091 . VerDate Sep 11 2014 01:36 Jul 14, 2015 Jkt 049060 PO 00000 Frm 00001 Fmt 7634 Sfmt 0634 E:\CR\FM\A13JY7.000 H13JYPT1 SSpencer on DSK4SPTVN1PROD with HOUSE H5092 CONGRESSIONAL RECORD — HOUSE July 13, 2015 years of their existence, compared to 10 useless to the States. These short term date leaving sexual assault victims percent for other IRAs. In order to pre- bills and extensions are having nega- waiting for justice. Meanwhile, untest- vent accountholders from unknowingly tive effects on the pocketbooks of our ed rape kits create an unfair treatment rolling their IRA funds into SIMPLE constituents. The highway user fee, of victims. One thing it does is it al- IRAs and being surprised by an in- which has not been raised for 22 years, lows the guilty outlaws to go free and creased early retirement penalty, cur- costs drivers $97 a year. The bad roads prevents the innocent from being exon- rent law prohibits rolling funds over that are the result cost those same erated. into a SIMPLE IRA from other retire- drivers $515 per year. Also, the statute of limitations may ment accounts. Find your State for the cost to your expire. Then, when the criminal is cap- However, SIMPLE IRAs have the constituents. Here is a random sample: tured, he may escape justice because same early withdrawal penalty as Louisiana, $514 per year; Oklahoma, the kit was analyzed too long after the other IRAs after that initial 2-year pe- $763 per year; New Jersey, $685 per driv- crime was committed. That is a trav- riod, and consumers and financial plan- er; Ohio, $446 per driver; California, esty of justice. It is an insult and ners have struggled with the rollover $762 per driver; and Pennsylvania, $471 shameful treatment of sexual assault restrictions as they attempt to consoli- per driver. victims. date accounts. All the figures are high, regardless of To quote an old legal maxim, ‘‘the This week, I will introduce legisla- State or region of the country, and criminal goes free because the con- tion to allow for rollovers into SIM- those high dollar amounts go out of the stable has blundered’’ or, in this case, PLE IRA accounts that have met the 2- pockets of our constituents to patch the constable is incompetent. year threshold. The Joint Committee bad roads, instead of putting the funds Without this SAFER Act, which al- on Taxation has previously estimated into fixing those roads, bridges, and lowed the implementation of funds to this legislation would have a negligible transit. analyze backlogs of rape kits, we would effect on Federal tax revenues. This Congress’ short-term attention to still be in a problem that we had 2 bill will simplify retirement planning our roads, highways, transit and years ago. and ensure a complex Tax Code does bridges is breaking the bank, not for b 1215 not prevent sensible financial planning the Federal Government, but for our decisions. Individuals should be able to constituents. It is no longer the old But these funds are available for the consolidate their retirement funds in a adage ‘‘you can’t get something for States to analyze and get the kits test- way that best meets their needs. nothing’’ rather, not funding the high- ed. Once tested, the results would allow This legislation is a small but impor- way trust fund for 6 years costs the the apprehension of criminals. tant first step in the long road to en- people we represent not nothing, but This is not occurring. The Depart- suring our tax system works for Ameri- $515 per driver. ment of Justice has yet to even offer cans, not against them. We have got to fund our transpor- the SAFER audit grants to the States. f tation projects or ask our constituents The DOJ cannot show that 75 percent SHORT-TERM HIGHWAY FUND to pay for their bad roads. The costs to of the funds are going to direct testing EXTENSIONS the American people make our options and lab capacity enhancement, as re- clear what the best thing to do is.