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NOTICE OF ACTION

 

NOTICE OF ACTION

Tuesday, June 8, 2010

5:30 P.M.

_____________________________________________

H.R. 5072                              Financial Services

FHA Reform Act of 2010

The Committee granted, by a non-record vote, a structured rule providing for consideration of H.R. 5072, the “FHA Reform Act of 2010.” The rule provides one hour of general 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 except those arising under clause 9 or 10 of rule XXI.  The rule provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services shall be considered as an original bill for the purpose of amendment and shall be considered as read.    The rule waives all points of order against the amendment in the nature of a substitute except those arising under clause 10 of rule XXI.  The rule further makes in order only those amendments printed in the Rules Committee report. The amendments made in order may be offered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report 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.  All points of order against the amendments except those arising under clauses 9 and 10 of rule XXI are waived.  The rule provides one motion to recommit with or without instructions.  The rule provides that the Chair may entertain a motion that the Committee rise only if offered by the chair of the Committee on Financial Services or a designee.  The rule provides that the Chair may not entertain a motion to strike out the enacting words of the bill. 

The rule authorizes the Speaker to entertain motions that the House suspend the rules at any time through the legislative day of June 11, 2010.  The Speaker or her designee shall consult with the Minority Leader or his designee on the designation of any matter for consideration pursuant to this resolution.