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Business And Banking


66. H.R. 3412, to reauthorize the activities of the Small Business Investment Companies program, which uses Small Business Administration guarantees to leverage private capital for investment in small businesses. Yes. Passed 407-0, under suspension of rules. 3/24/98.

72. H.R. 3310, Small Business Paperwork Reduction Act. Amendment to require agencies to establish policies to waive, delay or reduce civil penalties for first-time violations in appropriate circumstances, including whether the business has been acting in good faith to comply, and whether the business has obtained significant economic benefit from the violation. No. Failed 183-221. 3/26/98.

73. H.R. 3310. Amendment apply the bill’s suspension of fines to state-run federal enforcement programs. Yes. Passed 224-179. 3/26/998.

74. H.R. 3310. On passage of the bill to suspend most civil fines on small businesses for first-time paperwork violations, and provide that the federal regulating agency could choose to suspend the fine if the violation had not caused actual harm to the public health or safety, and the business corrects the violation within six months. Yes. Passed 267-140. 3/26/98.

76. H.Res. 393, rule to consider H.R. 3246, Fairness for Small Business and Employees Act. Yes. Passed 220-185. 3/26/98.

77. H.R. 3246. Amendment to clarify that any “bona fide” applicant would continue to enjoy every right provided by the National Labor Relations Act, including the right to form, join, or assist labor organizations. Yes. Passed 398-0. 3/26/98.

78. H.R. 3246. On passage of the bill to permit employers to refuse to hire, or fire, those who seek employment to organize workers to join a union. Yes. Passed 202-200. 3/26/98.

92. H.R. 1151, Credit Union Membership Act to allow credit unions to expand beyond their original membership base and provide for certain restrictions. Yes. Passed 411-8. 4/1/98.

142. H.Res. 428, rule to consider H.R. 10, Financial Services Competition Act of 1997, to eliminate barriers against affiliations between banking, securities, insurance and other firms. Yes. Passed 311-105. 5/13/98.

143. H.R. 10, Financial Services Competition Act of 1997. Amendment to add consumer protection provisions that require federal banking and securities regulators to review existing consumer fee disclosure requirements and require the General Accounting Office to report on concentration of ownership in the financial services industry and its impact on consumers. Yes. Passed 407-11. 5/13/98.

144. H.R. 10. Amendment to allow national bank subsidiaries to engage in any activity that is financial in nature, with the exception of underwriting insurance or engaging in real estate investment activities, even if it is not a permissible activity for the national bank itself. No. Failed 115-306. 5/13/98.

145. H.R. 10. Amendment to expand the allowable activities of national bank subsidiaries, allowing subsidiaries to engage in activities that are generally allowable to bank holding companies, but which are not permissible for national banks. No. Failed 140-281. 5/13/98.

146. H.R. 10. Substitute amendment to delete provisions of the bill that allow financial holding companies and wholesale financial holding companies to earn up to 5 percent of their revenues from commercial activities rather than amendment to increase from 5 percent to 10 percent the amount of total financial holding company revenues that may be earned through commercial, non-financial activity. Yes. Passed 229-193. 5/13/98.

147. H.R. 10. Amendment as amended to delete provisions of the bill that allow financial holding companies and wholesale financial holding companies to earn up to 5 percent of their revenues from commercial activities. Yes. Passed 218-204. 5/13/98.

148. H.R. 10. Amendment to require the General Accounting Office to conduct a study on the projected economic impact the bill will have on banks and other financial institutions that have total assets of $100 million or less. Yes. Passed 404-18. 5/13/98.

149. H.R. 10. Amendment to require the FDIC to conduct a study on the Bank Insurance Fund and the Savings Association Insurance Fund to examine their safety and soundness in light of bank and thrift mergers and consolidations that have occurred since 1984. Yes. Passed 406-13. 5/13/98.

150. H.R. 10. On demand for a separate vote in the House, amendment to allow any federal savings association that converts to a national bank charter or state bank charter to retain the word “federal” in its name, provided it remains an insured depository institution. Yes. Passed 256-166. 5/13/98. [Note: amendment was agreed to in the Committee of the Whole by a division vote of 14 to 7.]

151. H.R. 10. On passage of Financial Services Competition Act of 1997 to eliminate current Glass-Steagall Act and Bank Holding Company Act barriers against affiliations between banking, securities, insurance and other firms. Yes. Passed 214-213. 5/13/98.

216. H.Res. 462, rule to consider H.R. 3150, Bankruptcy Reform Act. To agree to consider the rule despite a point of order regarding unfunded mandates. Yes. Passed 248-166. 6/10/98.

217. H.Res. 462. Motion to order the previous question on the rule. Yes. Passed 236-183. 6/10/98.

218. H.Res. 462. To adopt the rule to consider H.R. 3150, Bankruptcy Reform Act. No. Passed 251-172. 6/10/98.

219. H.R. 3150, Bankruptcy Reform Act. Amendment to modify the bill’s provisions related to small businesses to eliminate added paperwork requirements and the definition that a small business is an entity with $5 million or less in debt, and exclude from the calculation of a debtor’s income that must be made available to repay unsecured creditors any expenditure necessary for the continuing operation of the debtor’s business. No. Failed 136-290. 6/10/98.

220. H.R. 3150. Amendment to authorize the U.S. Judicial Conference to reduce disbursements to unsecured non-priority creditors payable in Chapter 13 cases to cover the increased costs of implementing the bill’s means testing provisions. No. Failed 149-278. 6/10/98.

221. H.R. 3150. Amendment to prohibit the conversion of non-exempt assets into exempt homestead property within one year of filing for bankruptcy. Yes. Passed 222-204. 6/10/98.

222. H.R. 3150. Amendment to strike provisions that prevent recording artists from discharging their obligations under contracts with recording companies when they file for bankruptcy. No. Failed 111-316. 6/10/98.

223. H.R. 3150. Substitute amendment to strike the bill’s provisions regarding means testing, to require “adequate” income be committed to a repayment plan for unsecured creditors, and to define abuse of the bankruptcy system. No. Failed 140-288. 6/10/98.

224. H.R. 3150. Motion to recommit the bill to the Judiciary Committee with instructions to report it back with an amendment to exclude child support and alimony payments from means tests and to make accident victims priority creditors. No. Failed 153-270. 6/10/98.

225. H.R. 3150. On passage of the bill to overhaul the nation’s bankruptcy laws by setting up a means testing system to bar individuals with average incomes or higher from declaring bankruptcy under Chapter 7, and thus walking away from unsecured debts after the liquidation of certain assets; allow creditors, in addition to bankruptcy trustees, to challenge the validity of an individual’s claim; and require that debtors be informed of the various forms to bankruptcy relief before they file for bankruptcy. Yes. Passed 306-118. 6/10/98.

257. H.R. 3853, to authorize $10 million in FY 1999 to be used to stop illegal drug use by employees of small businesses and create a drug-free workplace demonstration program and authorize the Small Business Administration to make grants to nonprofit organizations to provide financial support and advice to small businesses seeking drug-free workplace programs. Yes. Passed 402-9, under suspension of rules. 6/23/98.

417. H.R. 678, to require the Treasury Department to issue up to 500,000 silver dollar coins that commemorate the 125th anniversary of the invention of the light bulb in 1879 by Thomas A. Edison. Yes. Passed 397-1, under suspension of rules. 9/9/98.

418. H.R. 1560, to require the Treasury Department of issue silver dollar and half-dollar coins that commemorate the bicentennial of the 28-month expedition led by Meriwether Lewis and William Clark. Yes. Passed 398-2, under suspension of rules. 9/9/98.

473. H.R. 3150, Bankruptcy Reform Act. Motion to instruct House conferees to accept Senate provisions that would prevent credit card companies from either dropping customers who pay off all their debts each month, or charging them fees. Yes. Passed 295-119. 9/28/98.

505. H.R. 3150, conference report on consumer bankruptcy reform. Motion to recommit the bill to the conference committee with instructions to report it back with an amendment to retain the status quo on rules regarding the discharge of credit card debt and to stiffen penalties for companies that force bankrupt persons into reaffirmation agreements. No. Failed 157-266. 10/9/98.

506. H.R. 3150. To adopt the conference report on the bill to revise the nation’s bankruptcy laws by forcing most debtors to file for Chapter 13 relief, instead of Chapter 7, if they have an above-median income and the ability to pay off at least 25 percent of their debts over five years. Yes. Passed 300-125. 10/9/98.