Notice of Action: H.R. 5016 - Financial Services and General Government Appropriations Act, 2015; H.R. 4718 - To amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation.

Wednesday, July 9, 2014

5:15 PM

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H.R. 5016

Appropriations

Financial Services and General Government Appropriations Act, 2015

H.R. 4718

Ways and Means

To amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation.

             The Committee granted by record vote of 8-3 a modified-open rule for H.R. 5016.  The rule provides one hour of general 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 bill.  The rule waives points of order against provisions in the bill for failure to comply with clause 2 or clause 5(a) of rule XXI except for section 627.  The rule provides that after general debate the bill shall be considered for amendment under the five-minute rule. During consideration of the bill for amendment: (1) amendments shall be debatable for 10 minutes equally divided and controlled by the proponent and an opponent and shall not be subject to amendment; and (2) no pro forma amendments shall be in order except that the chair and ranking minority member of the Committee on Appropriations or their respective designees may offer up to 10 pro forma amendments each at any point for the purpose of debate.  The rule provides that under the rules of the House the bill shall be read for amendment by paragraph.  The rule authorizes the Chair to accord priority in recognition to Members who have pre-printed their amendments in the Congressional Record.  The rule provides one motion to recommit with or without instructions.  

            Additionally, the rule grants a closed rule for H.R. 4718.  The rule provides one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Ways and Means.  The rule waives all points of order against consideration of the bill.  The rule provides that the amendment in the nature of a substitute recommended by the Committee on Ways and Means, as modified by the amendment printed in 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 provides one motion to recommit with or without instructions.