Notice of Action: H.R. 477 - Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2017; H.R. 3971 - Community Institution Mortgage Relief Act of 2017; H. J. Res. 123 - The Continuing Appropriations Act, 2018

Wednesday, December 6, 2017

4:28 PM

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H.R. 477

Financial Services

Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2017

H.R. 3971

Financial Services

Community Institution Mortgage Relief Act of 2017

H.J. Res. 123

Appropriations

Further Continuing Appropriations Act, 2018

           

            The Committee granted, by record vote of 8-4, a structured rule for H.R. 477.  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 115-43 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 further amendment printed in part A of the Rules Committee report, if offered by the Member designated in the report, which 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 amendment printed in part A of the report.  The rule provides one motion to recommit with or without instructions.

                In section 2, the rule provides for consideration of H.R. 3971 under a structured rule.  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 115-44 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 further amendment printed in part B of the Rules Committee report, if offered by the Member designated in the report, which 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 amendment printed in part B of the report.  The rule provides one motion to recommit with or without instructions.

                In section 3, the rule provides for consideration of H.J. Res. 123 under a closed rule.  The rule provides one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Appropriations.  The rule waives all points of order against consideration of the joint resolution.  The rule provides that the joint resolution shall be considered as read.  The rule waives all points of order against provisions in the joint resolution.  The rule provides one motion to recommit.