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H.R.1424
Title: A bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes.
Sponsor: Rep Kennedy, Patrick J. [RI-1] (introduced 3/9/2007) Cosponsors (274)
Related Bills: H.RES.1014, H.RES.1525, H.R.493, H.R.1367, H.R.6983, H.R.7202, H.R.7207, S.358, S.558
Latest Major Action: Became Public Law No: 110-343 [GPO: Text, PDF]
House Reports: 110-374 Part 1, 110-374 Part 2, 110-374 Part 3
Note: Emergency Economic Stabilization Act of 2008. H.R.1424 is the vehicle for the economic rescue legislation. Division A is the Emergency Economic Stabilization Act of 2008; Division B is the Energy Improvement and Extension Act of 2008; and Division C is the Tax Extenders and Alternative Minimum Tax Relief Act of 2008.
ALL ACTIONS:
See also: Related House Committee Documents
- 3/9/2007:
- Referred to the Committee on Energy and Commerce, and in addition to the Committees on Education and Labor, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 3/9/2007:
- Referred to House Energy and Commerce
- 3/12/2007:
- Referred to the Subcommittee on Health.
- 6/15/2007:
- Subcommittee Hearings Held.
- 10/10/2007:
- Subcommittee Consideration and Mark-up Session Held.
- 10/10/2007:
- Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
- 10/16/2007:
- Committee Consideration and Mark-up Session Held.
- 10/16/2007:
- Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 13.
- 3/9/2007:
- Referred to House Education and Labor
- 6/27/2007:
- Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
- 7/18/2007:
- Committee Consideration and Mark-up Session Held.
- 7/18/2007:
- Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 9.
- 3/9/2007:
- Referred to House Ways and Means
- 3/14/2007:
- Referred to the Subcommittee on Health.
- 9/19/2007:
- Subcommittee Consideration and Mark-up Session Held.
- 9/19/2007:
- Forwarded by Subcommittee to Full Committee (Amended) by the Yeas and Nays: 10 - 3 .
- 9/26/2007:
- Committee Consideration and Mark-up Session Held.
- 9/26/2007:
- Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 13.
- 10/15/2007 2:56pm:
- Reported (Amended) by the Committee on Education and Labor. H. Rept. 110-374, Part I.
- 10/15/2007 2:57pm:
- Reported (Amended) by the Committee on Ways and Means. H. Rept. 110-374, Part II.
- 3/4/2008 3:37pm:
- Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 110-374, Part III.
- 3/4/2008 3:38pm:
- Placed on the Union Calendar, Calendar No. 328.
- 3/4/2008 8:12pm:
- Rules Committee Resolution H. Res. 1014 Reported to House. Rule provides for consideration of H.R. 1424 with 2 hours of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments.
- 3/5/2008 4:13pm:
- Rule H. Res. 1014 passed House.
- 3/5/2008 4:29pm:
- Considered under the provisions of rule H. Res. 1014. (consideration: CR H1274-1309, H1309-1315)
- 3/5/2008 4:29pm:
- Rule provides for consideration of H.R. 1424 with 2 hours of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments.
- 3/5/2008 4:30pm:
- DEBATE - The House proceeded with two hours of debate on H.R. 1424.
- 3/5/2008 6:49pm:
- The previous question was ordered pursuant to the rule. (consideration: CR H1307)
- 3/5/2008 6:49pm:
- Mr. Hoekstra moved to recommit with instructions to Energy and Commerce. (consideration: CR H1307-1308; text: CR H1307)
- 3/5/2008 6:51pm:
- DEBATE - The House proceeded with 10 minutes of debate on the Hoekstra motion to recommit with instructions, pending reservation of a point of order. The instructions contained in the motion seek to require the bill to be reported back to the House with a complete new text consisting of the bill H.R. 3773, as passed by the House.
- 3/5/2008 6:55pm:
- Mr. Pallone raised a point of order against the motion to recommit with instructions. Mr. Pallone stated that the motion to recommit with instructions sought to insert non-germane material into the bill. Sustained by the Chair.
- 3/5/2008 6:55pm:
- Point of order sustained against the motion to recommit with instructions.
- 3/5/2008 6:58pm:
- Mr. Hoekstra appealed the ruling of the chair. The question was then put on sustaining the ruling of the chair.
- 3/5/2008 6:58pm:
- Mr. Pallone moved to table the motion to appeal the ruling of the chair (consideration: CR H1308-1309)
- 3/5/2008 7:22pm:
- On motion to table the motion to appeal the ruling of the chair Agreed to by the Yeas and Nays: 223 - 186, 1 Present (Roll no. 99).
- 3/5/2008 7:24pm:
- Mr. Kline (MN) moved to recommit with instructions to Energy and Commerce. (consideration: CR H1309-1314; text: CR H1309-1312)
- 3/5/2008 7:24pm:
- Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Kline motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment in the nature of a substitute consisting of new text entitled "Mental Health Parity Act of 2008".
- 3/5/2008 7:37pm:
- The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H1314)
- 3/5/2008 7:56pm:
- On motion to recommit with instructions Failed by recorded vote: 196 - 221 (Roll no. 100).
- 3/5/2008 8:03pm:
- On passage Passed by the Yeas and Nays: 268 - 148 (Roll no. 101). (text: CR H1274-1285)
- 3/5/2008 8:03pm:
- Motion to reconsider laid on the table Agreed to without objection.
- 3/5/2008 8:03pm:
- Pursuant to section 2 of H. Res. 1014, the text of H.R. 493, as passed by the House, will be appended to the engrossment of H.R. 1424.
- 3/6/2008:
- Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
- 3/7/2008:
- Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 610.
- 10/1/2008:
- Measure laid before Senate by unanimous consent. (consideration: CR S10220-10283, S10291-10295)
- 10/1/2008:
- Passed Senate, pursuant to the order of September 30, 2008, having achieved the required 60 votes in the affirmative, with an amendment and an amendment to the Title by Yea-Nay Vote. 74 - 25. Record Vote Number: 213.
- 10/2/2008:
- Message on Senate action sent to the House.
- 10/2/2008 8:32pm:
- Rules Committee Resolution H. Res. 1525 Reported to House. Previous question shall be considered as ordered without intervening motions. Providing for consideration of the Senate amendments to H.R. 1424: the Emergency Economic Stabilization Act of 2008; the Energy Improvement and Extension Act of 2008; and the Tax Extenders and Alternative Minimum Tax Relief Act of 2008. The resolution makes in order a motion by the Chairman of the Committee on Financial Services to concur in the Senate amendments. The resolution waives all points of order against consideration of the motion.
- 10/3/2008 10:41am:
- Pursuant to the provisions of H. Res. 1525, the House moved to agree to the Senate amendments. (consideration: CR H10712-10806)
- 10/3/2008 10:41am:
- DEBATE - The House proceeded with 90 minutes of debate on the motion to agree to the Senate amendments to H.R. 1424.
- 10/3/2008 1:07pm:
- The previous question was ordered pursuant to the rule. (consideration: CR H10805)
- 10/3/2008 1:27pm:
- On motion that the House agree to the Senate amendments Agreed to by the Yeas and Nays: 263 - 171 (Roll no. 681). (text as House agreed to Senate amendment: CR H10712-10755)
- 10/3/2008 1:27pm:
- Motion to reconsider laid on the table Agreed to without objection.
- 10/3/2008:
- Cleared for White House.
- 10/3/2008:
- Presented to President.
- 10/3/2008:
- Signed by President.
- 10/3/2008:
- Became Public Law No: 110-343.