Dear Colleague:

The Committee on Rules is expected to meet the week of May 5, 2008, to report a rule which may structure the amendment process for floor consideration of H.R. 5818, the Neighborhood Stabilization Act of 2008.

Any Member wishing to offer an amendment to H.R. 5818 must do the following by 10:00 AM on Tuesday, May 6, 2008, in order for the amendment to be considered by the Rules Committee :

• Submit to the Rules Committee in room H-312 of the Capitol:

• 30 copies of the amendment
• One copy of a brief (1-2 sentences) explanation of the amendment
• A completed Log-in form (attached)
• Submit an electronic copy of the amendment via the Committee’s web page (http://www.rules.house.gov/amendment_form.asp). Electronic submission of an amendment is required in addition to physically filing the amendment with the Committee.
• The amendment must be drafted to the bill as ordered reported from the Financial Services Committee. The bill is available on the Rules Committee website (www.rules.house.gov). 

            Members are strongly advised to adhere to the amendment deadline to ensure the amendments receive consideration. Amendments should be drafted by Legislative Counsel and also should be reviewed by the Office of the Parliamentarian to be sure that the amendments comply with the rules of the House.  Members are also strongly encouraged to submit their amendments by fax (6-1366) or by email (petef@cbo.gov) to Pete Fontaine at the Congressional Budget Office (CBO) for analysis regarding possible violations of Clause 10 of Rule XXI (PAYGO).

If you have any questions, please contact Tony Abate at extension 5-9091.

            Sincerely,

            /s

            Louise M. Slaughter

                                                                                    Chairwoman