John Thune on Corporations

Republican Jr Senator; previously Representative (SD-AL)

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:

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.

Reference: Bankruptcy Abuse Prevention and Consumer Protection Act of 2005; Bill S 256 ; vote number 2005-44 on Mar 10, 2005

Voted YES on Bankruptcy Overhaul requiring partial debt repayment.

Vote to pass a bill that would make it easier for courts to change debtors from Chapter 7 bankruptcy, which allows most debts to be dismissed, to Chapter 13, which requires a repayment plan. Reference: Bill sponsored by Gekas, R-PA; Bill HR 333 ; vote number 2001-25 on Mar 1, 2001

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*Other candidates on Corporations:*		*John Thune on other issues:*
*SD Gubernatorial:* Mike Rounds *SD Senatorial:* Joel Dykstra Sam Kephart Tim Johnson *2008 Senate retirements:* Wayne Allard(R,CO) Larry Craig(R,ID) Pete Domenici(R,NM) Chuck Hagel(R,NE) Trent Lott(R,MS) Craig Thomas(R,WY) John Warner(R,VA) *2008 Presidential Contenders:* Rep.Bob Barr(L) Sen.Hillary Clinton(D) Sen.Mike Gravel(L) Alan Keyes(C) Sen.John McCain(R) Rep.Cynthia McKinney(G) Ralph Nader(I) Sen.Barack Obama(D) Rep.Ron Paul(R)	*2008 Senate Races:* AK:Stevens v.Begich v.Cuddy AL:Sessions v.Figures AR:Pryor v.Formicola CO:Schaffer v.Udall DE:Biden v.O`Donnell GA:Chambliss v.Cardwell IA:Harkin v.Rathje ID:Risch v.LaRocco IL:Durbin v.Sauerberg v.Stafford KS:Roberts v.Jones v.Slattery KY:McConnell v.Fischer LA:Landrieu v.Kennedy MA:Kerry v.O`Reilly v.Ogonowski ME:Collins v.Allen MI:Levin v.Baron MN:Coleman v.Franken v.Cavlan MS4:Wicker v.Musgrove MS6:Cochran v.Fleming MT:Baucus v.Bushman NC:Dole v.Hagan v.Neal NE:Johanns v.Kleeb NH:Sununu v.Shaheen NJ:Lautenberg v.Andrews v.Pennacchio NM:Wilson v.Pearce v.Udall OR:Smith v.Merkley v.Novick OK:Inhofe v.Rice RI:Reed SC:Graham v.Cone SD:Johnson v.Kephart v.Dykstra TN:Alexander v.Padgett v.Tuke v.Lugo TX:Cornyn v.Noriega v.Jameson VA:Gilmore v.Warner WV:Rockefeller v.Wolfe v.Raese WY4:Barrasso v.Carter v.Goodenough WY6:Enzi v.Rothfuss	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Jobs Principles Social Security Tax Reform Technology War/Peace Welfare Other Senators House of Representatives SenateMatch (matching quiz) Senate Votes (analysis) House Votes Bill Sponsorships Affiliations Policy Reports Group Ratings

Page last updated: 3/31/2008