Tuesday, November 6, 2007

8:00 P.M.

_____________________________________________

H.R. 3688                   Ways and Means      

United States-Peru Trade Promotion Agreement Implementation Act

The Committee granted, by a vote of 10 to 0 (with one Member voting Present), a closed rule providing three hours of debate, with 45 minutes in favor of the bill controlled by Representative Rangel of New York or his designee, 45 minutes in favor of the bill controlled by Representative McCrery of Louisiana or his designee, 45 minutes in opposition to the bill controlled by Representative Michaud of Maine or his designee, and 45 minutes in opposition to the bill controlled by the Minority Leader or his designee.

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 bill shall be considered as read.  The rule waives all points of order against the bill.  The rule provides that pursuant to section 151(f)(2) of the Trade Act of 1974, the previous question shall be considered as ordered on the bill to final passage without intervening motion.  Finally, the rule permits the Chair, during consideration of the bill, to postpone further consideration of it to a time designated by the Speaker.

H.R. 3355                   Financial Services      

Homeowners’ Defense Act of 2007

The Committee granted, by a voice vote, an open rule with a pre-printing requirement providing one hour of general debate equally divided and controlled by the chairman 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 clauses 9 or 10 of rule XXI.  The rule makes in order the Committee on Financial Services amendment in the nature of a substitute now printed in the bill as an original bill for the purpose of amendment.  The amendment in the nature of a substitute shall be considered as read.  The rule waives all points of order except clause 10 of rule XXI against the amendment in the nature of a substitute. 

The rule provides that notwithstanding clause 11 of rule XVIII, no amendment to the committee amendment in the nature of a substitute shall be in order except those printed in the portion of the Congressional Record designated for that purpose in clause 8 of rule XVIII and except pro forma amendments for the purpose of debate. Each amendment so printed may be offered only by the Member who caused it to be printed or a designee and shall be considered as read.  The rule provides one motion to recommit with or without instructions.  The rule also provides that, notwithstanding the operation of the previous question, the Chair may postpone further consideration of the bill to a time designated by the Speaker.