Yes, You Must InductAnd the Also Receiving Consideration crew: Chic (5), Sting (4), The Spinners (2), Paul Butterfield Blues Band (2), The Marvelettes (1), War (1), Bill Withers (1).
Lou Reed (35/43 votes)
Nine Inch Nails (28)
Green Day (25)
The Smiths (25)
Stevie Ray Vaughan (24)
They've Got Their Adherents
Joan Jett & the Blackhearts (18)
I'm pretty sure that everyone in those top two groups eventually gets in, except for The Smiths, insofar as this is an America-based institution and they've never even had a top-50 album here and commercial impact has to matter some. (In general, of course, the Hall has big problem in not finding a way to recognize influential-but-not-commercial acts of the post-Founding era.)
I will try to work up a Keltner or two in the coming weeks, especially since I'm a little surprised that Nine Inch Nails didn't place a little higher. Intuitively, their (well, his) case is really strong to me; I'd like to see if it holds up under analysis.