Daniel Inouye on Corporations Democratic Sr Senator (HI)

Voted YES on repealing tax subsidy for companies which move US jobs offshore.

Voted YES on reforming bankruptcy to include means-testing & restrictions.

• 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 YES on restricting rules on personal bankruptcy.

Expand microloans to small businesses.

Amends provisions of the Small Business Act concerning the Microloan program (a program of start-up loans to small businesses) to:
1. remove the requirement that such loans be short-term;
2. allow up to 35 (currently 25) percent of grant funds made to intermediaries to be used to provide technical assistance to small businesses that are prospective borrowers under the program; and
3. authorize the Administrator of the Small Business Administration to use up to $1 million of the annual appropriations for technical assistance grants to subcontract with one or more national trade associations of eligible intermediaries or other knowledgeable entities to provide peer-to-peer capacity building and training to lenders and organizations seeking to become lenders under the program.

Rated 40% by the US COC, indicating a mixed business voting record.

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Screen imports & ban lead in children's products.

A bill to reform the Consumer Product Safety Commission to provide greater protection for children's products, to improve the screening of non-compliant consumer products, to improve the effectiveness of consumer product recall programs, and for other purposes.

• Requires third party certification of, and provides for tracking and record keeping regarding, children's products.
• [Increase] reporting of substantial product hazards and corrective action plans.
• Requires certain manufacturers or distributors to post an escrow or proof of insurance to cover recalls.
• Allows enforcement by state attorneys general and provides public and private sector whistleblower protections.
• Bans children's products containing lead and lowers the allowable lead content in paint.
• Requires a study of preventable injuries and deaths of minority children related to consumer products.
• Requires a cost-benefit analysis under the Poison Prevention Packaging Act.
• Requires development of a risk assessment methodology regarding imports.
• Requires publication of a list of product defects that constitute a substantial product hazard.
• Conditions importation of a consumer product on the manufacturer's compliance with inspection and record keeping requirements.
• Requires a database on violations of consumer product safety rules to be used to determine whether a container being imported contains consumer products that are in violation of a consumer product safety standard and whether action should be taken under imported products provisions.