H.Res. 1525 - Providing for the consideration of the Senate Amendments to H.R. 1424, Emergency Economic Stabilization Act of 2008; and H.Res. 1526 -- Providing for consideration of motions to suspend the rules and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules    

Motion offered by:

Summary of Motion

Vote Tally

Dreier

To make in order amendment number 3, offered by Rep. LaTourette (R-OH), which would require that Congress approve additional outlay requests, would decrease the subsequent outlay purchase authority from $350 billion to $250 billion, would only distribute remaining funds if Congress acts within 15 calendar days following submission of Presidential report required by November 17, 2008, and would strike tax extenders relating to auto racing tracks, film and television production, wooden arrow production, and Virgin Island and Puerto Rican rum.

Defeated 4 to 8*

Sessions

To make in order amendment number 14 offered by Rep. Issa (R-CA), which would allow purchase authority for the Treasury buying troubled assets, which should include a provision that ensures American financial institutions are taken care of before U.S. taxpayers’ dollars are used to help foreign financial institutions. 

Defeated  4 to 8*

Hastings (FL)

To report the closed rule providing consideration of the Senate amendment to H.R. 1424, the Emergency Economic Stabilization Act of 2008.

Agreed to by voice vote*

Motion offered by:

Summary of Motion

Vote Tally

Hastings (FL)

To report the resolution providing that measures may be considered under suspension of the rules at any time through Friday, October 3, 2008 and waiving a requirement of Clause 6(a) of Rule XIII with respect to consideration of any resolution reported from the Rules Committee, through the legislative day of October 3, 2008.  Neither provision applies to any specific measure, but rather grants blanket authority. 

Agreed to by voice vote*