Notice of Action: H.R. 1210 - Portfolio Lending and Mortgage Access Act; H.R. 3189 - Fed Oversight Reform and Modernization Act of 2015

Tuesday, November 17, 2015

4:14 PM

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H.R. 1210

Financial Services

Portfolio Lending and Mortgage Access Act

H.R. 3189

Financial Services

FORM Act of 2015

                     The Committee granted, by record vote of 7-1, a structured rule for H.R. 1210.  The rule provides one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services.  The rule waives all points of order against consideration of the bill.  The rule provides that an amendment in the nature of a substitute consisting of the text of Rules Committee Print 114-34 shall be considered as adopted and the bill, as amended, shall be considered as read.  The rule waives all points of order against provisions in the bill, as amended.  The rule makes in order only the amendment to H.R. 1210 printed in part A of the Rules Committee report, if offered by Representative Norcross of New Jersey, or his designee, which shall be considered as read, shall be debatable for 10 minutes 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.  The rule waives all points of order against the amendment printed in part A of the report.  The rule provides one motion to recommit with or without instructions.

            Additionally, the rule grants a structured rule for H.R. 3189.  The rule provides one hour of general debate equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services.  The rule waives all points of order against consideration of the bill.  The rule provides that an amendment in the nature of a substitute consisting of the text of Rules Committee Print 114-35, 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.  The rule waives all points of order against provisions in the bill, as amended.  The rule makes in order only those further amendments to H.R. 3189 printed in part C 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.  The rule waives all points of order against the amendments printed in part C of the report.  The rule provides one motion to recommit with or without instructions.

            In section 3, the rule provides that on any legislative day during the period from November 20, 2015, through November 27, 2015: the Journal of the proceedings of the previous day shall be considered as approved; and the Chair may at any time declare the House adjourned to meet at a date and time to be announced by the Chair in declaring the adjournment.

            Finally, in section 4, the rule provides that the Speaker may appoint Members to perform the duties of the Chair for the duration of the period addressed by section 3.