Notice of Action: H.R. 992 - Swaps Regulatory Improvement Act; H.R. 2374 - Retail Investor Protection Act

Monday, October 28, 2013

6:21 PM

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H.R. 992

Financial Services

Agriculture

Swaps Regulatory Improvement Act

H.R. 2374

Financial Services

Retail Investor Protection Act

            The Committee granted, by voice vote, a closed rule for H.R. 992.  The rule provides one hour of debate equally divided among and controlled by the chairs and ranking minority members of the Committee on Agriculture and the Committee on Financial Services.  The rule waives all points of order against consideration of the bill and provides that it shall be considered as read.  The rule waives all points of order against provisions in the bill.  The rule provides one motion to recommit.

            In section 2, the rule granted a structured rule for H.R. 2374.  The rule grants 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 113-23 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 the Rules Committee report, if offered by Representative George Miller of California or his designee, which shall be considered as read, shall be separately debatable for 20 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 the report.  The rule provides one motion to recommit with or without instructions.

            In section 3, the rule provides that a motion to proceed with regard to a joint resolution of disapproval specified in section 1002 of the Continuing Appropriations Act, 2014, may be offered even if the joint resolution has not been reported or discharged, shall be in order only on the legislative day of October 29, 2013 or the legislative day of October 30, 2013, and shall be debatable for one hour equally divided and controlled by the proponent and an opponent.

            In section 4, the rule provides that on any legislative day during the period from October 31, 2013, through November 11, 2013: 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 5, 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 4 of the resolution.