Notice of Action: H.R. 3121 - Flood Insurance Reform and Modernization Act of 2007; H.R. 3567 - Small Business Investment Expansion Act of 2007

Wednesday, September 26, 2007

5:40 P.M.

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H.R. 3121        Financial Services    Flood Insurance Reform and Modernization Act of 2007  The

Committee granted, by a vote of 8 to 3, a structured rule providing one hour of general debate equally divided and controlled by the chairman and ranking minority member of the Committee on Financial Services.  The rule waives all points of order against consideration of the bill except for clauses 9 and 10 of rule XXI. The rule provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services, modified by the amendment printed in Part A of the Rules Committee report, shall be considered as adopted. The bill as amended shall be considered as an original bill for the purpose of amendment and 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 printed in Part B of the Rules Committee report. The further amendments made in order 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 the further amendments except for clauses 9 and 10 of rule XXI are waived.  The rule provides one motion to recommit with or without instructions. Finally, the rule provides that the Chair may postpone further consideration of the bill to a time designated by the Speaker. 

H.R. 3567      Small Business          The Small Business Investment Expansion Act of 2007

The Committee granted, by a voice vote, a structured rule providing one hour of general debate equally divided and controlled by the chairman and ranking minority member of the Committee on Small Business. The rule waives all points of order against consideration of the bill except clauses 9 and 10 of rule XXI.  The rule provides that the bill shall be considered as read.  All points of order against provisions in the bill are waived.

The rule makes in order only those amendments printed in the Rules Committee report.  The amendments made in order 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 a division of the question in the House or in the Committee of the Whole.  All points of order against the amendments except for clauses 9 and 10 of rule XXI are waived.  The rule provides one motion to recommit with or without instructions.  Finally the rule provides that, notwithstanding the operation of the previous question, the Chair may postpone further consideration of the bill to a time designated by the Speaker.