H. Res. 693: H.R. 3326 - World Bank Accountability Act of 2017; H.R. 2954 - Home Mortgage Disclosure Adjustment Act

COMMITTEE ACTION: REPORTED BY A RECORD VOTE OF 8-4 on Tuesday, January 16, 2018.

FLOOR ACTION: ADOPTED BY A RECORD VOTE OF 228-188 AFTER ORDERING THE PREVIOUS QUESTION BY A RECORD VOTE OF 230-187 on Wednesday, January 17, 2018.

MANAGERS: Polis/Buck

115th Congress

2nd Session

Rule

H. RES. 693

Report No. 115-518

 

H.R. 3326-World Bank Accountability Act of 2017

H.R. 2954 - Home Mortgage Disclosure Adjustment Act

  1. Structured rule for H.R. 3326
  2. Provides one hour of general debate equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services.
  3. Waives all points of order against consideration of the bill.
  4. Makes in order as original text for the purpose of amendment the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill and provides that it shall be considered as read.
  5. Waives all points of order against the amendment in the nature of a substitute.
  6. Makes in order only those further amendments printed in part A of the Rules Committee report. Each such amendment may be offered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question.
  7. Waives all points of order against the amendments printed in the report.
  8. Provides one motion to recommit with or without instructions.
  9. Closed rule for H.R. 2954.
  10. Provides one hour of debate equally divided and controlled by the chai1· and ranking minority member of the Committee on Financial Services.
  11. Waives all points of order against consideration of the bill.
  12. Provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, modified by the amendment printed in part B of the Rules Committee report, shall be considered as adopted and the bill, as amended, shall be considered as read.
  13. Waives all points of order against provisions in the bill, as amended.
  14. Provides one motion to recommit with or without instructions.

 

RESOLUTION

Resolved, That at any time after adoption of this resolution the Speaker may, pursuant to clause 2(b) of rule XVIII, declare the House resolved into the Committee of the Whole House on the state of the Union for consideration of the bill (H.R. 3326) to increase accountability, combat corruption, and strengthen management effectiveness at the World Bank. The first reading of the bill shall be dispensed with. All points of order against consideration of the bill are waived. General debate shall be confined to the bill and shall not exceed one hour equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services. After general debate the bill shall be considered for amendment under the five-minute rule. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill. The committee amendment in the nature of a substitute shall be considered as read. All points of order against the committee amendment in the nature of a substitute are waived. No amendment to the committee amendment in the nature of a substitute shall be in order except those printed in part A of the report of the Committee on Rules accompanying this resolution. Each such amendment may be offered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question in the House or in the Committee of the ·whole. All points of order against such amendments are waived. At the conclusion of consideration of the bill for amendment the Committee shall rise and report the bill to the House with such amendments as may have been adopted. Any Member may demand a separate vote in the House on any amendment adopted in the Committee of the Whole to the bill or to the committee amendment in the nature of a substitute. The previous question shall be considered as ordered on the bill and amendments thereto to final passage without intervening motion except one motion to recommit with or without instructions.

Sec. 2. Upon adoption of this resolution it shall be in order to consider in the House the bill (H.R. 2954) to amend the Home Mortgage Disclosure Act of 1975 to specify which depository institutions are subject to the maintenance of records and disclosure requirements of such Act, and for other purposes. All points of order against consideration of the bill are waived. The amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, modified by the amendment printed in part B of the report of the Committee on Rules accompanying this resolution, shall be considered as adopted. The bill, as amended, shall be considered as read. All points of order against provisions in the bill, as amended, are waived. The previous question shall be considered as ordered on the bill, as amended, and on any further amendment thereto, to final passage without intervening motion except: (1) one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services; and (2) one motion to recommit with or without instructions.

 

SUMMARY OF AMENDMENTS TO H.R. 3326 IN PART A PROPOSED TO BE MADE IN ORDER

(summaries derived from information provided by sponsors)

Sponsor

#

Description

Debate Time

1.Norman (SC)

#4

(LATE) (REVISED) Modifies a Treasury reporting requirement to ensure that the World Bank is promoting reduction of government barriers to entrepreneurship as an important component of poverty reduction.

(10 minutes)

2.Connolly (VA)

#3

Requires a report on steps taken by the World Bank to ensure G-5 visa holders (foreign domestic workers) employed by World Bank diplomats and staff are informed of the protections afforded to them pursuant to the William Wilberforce Trafficking Victims Protection Reauthorization Act.

(10 minutes)

3.Barr (KY)

#1

Makes U.S. opposition to IDA assistance for a foreign government mandatory if the government knowingly fails to enforce UN Security Council sanctions against North Korea. The amendment includes Presidential waiver authority.

(10 minutes)

 

SUMMARY OF AMENDMENT TO H.R. 2954 IN PART B PROPOSED TO BE CONSIDERED AS ADOPTED

Sponsor

#

Description

Emmer (MN)

#2

Reduces the amount of money that the SEC can deposit in its "Reserve Fund" to a maximum of $48 million for the current fiscal year (FY 18) and directs any amounts that exceed that limitation must be transferred from the SEC to the Treasury General Fund. The amendment fully offsets CBO's estimated $1 million cost of H.R. 2954.