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LEGISLATIVE DAY OF MAY 7, 2009
111TH CONGRESS - FIRST SESSION

7:42 P.M. -

The House adjourned. The next meeting is scheduled for 2:00 p.m. on May 11, 2009.

On motion to adjourn Agreed to by voice vote.

Mr. King (IA) moved that the House do now adjourn.

4:15 P.M. -

SPECIAL ORDER SPEECHES - The House has concluded all anticipated legislative business and has proceeded to Special Order speeches.

4:12 P.M. -

Mr. Kirk requested the following general leaves to address the House on May 14: Mr. Poe of TX for 5 min, Mr. Jones for 5 min, Mr. Burton of IN for 5 min, and Mr. Moran of KS for 5 min.

Mr. Kirk requested the following general leaves to address the House on May 13: Mr. Burton of IN for 5 min and Mr. Moran of KS for 5 min.

Mr. Kirk requested the following general leaves to address the House on May 12: Mr. Burton of IN for 5 min and Mr. Moran of KS for 5 min.

4:08 P.M. -

ONE MINUTE SPEECHES - The House proceeded with further one minute speeches.

4:01 P.M. -

The Speaker laid before the House a message from the President transmitting the Budget of the United States Government for Fiscal Year 2010. - referred to the Committeeon Appropriations and ordered to be printed (H. Doc. 111-3).

4:00 P.M. -

Mr. Hoyer asked unanimous consent That, when the House adjourns on Monday, May 11, 2009, it adjourn to meet at 12:30 p.m. on Tuesday, May 12, 2009 for Morning-Hour Debate. Agreed to without objection.

Mr. Hoyer asked unanimous consent That when the House adjourns on Thursday, May 7, 2009, it adjourn to meet at 2:00 p.m. on Monday, May 11, 2009. Agreed to without objection.

3:46 P.M. -

The Speaker laid before the House a message from the President transmitting a notice stating that the national emergency with respect to the actions of the Government of Syria declared in Executive Order 13338 of May 11, 2004, andrelied upon for additonal steps taken in Executive Order 13399 of April 25,2006, and Executive Order 13460 of February 13, 2008, is to continue in effect beyond May 11, 2009. - referred to the Committee on Foreign Affairs and ordered to be printed (H. Doc. 111-38).

3:44 P.M. -

The House received a message from the Senate. The Senate passed S. 454.

H.R. 1728:: to amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for such practices, to provide certain minimum standards for consumer mortgage loans, and for other purposes

The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 1728.

Motion to reconsider laid on the table Agreed to without objection.

On passage Passed by the Yeas and Nays: 300 - 114 (Roll no. 242).

3:19 P.M. -

On agreeing to the Frank (MA) amendment Agreed to by voice vote.

Amendment offered by Mr. Frank (MA).

: An amendment to add a new section setting forth guidelines for accountability and transparency for grant recipients.

3:18 P.M. -

On motion to recommit with instructions Agreed to by voice vote.

3:17 P.M. -

The previous question on the motion to recommit with instructions was ordered without objection.

3:13 P.M. -

DEBATE - The House proceeded with 10 minutes of debate on the Sessions 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 adding a new section setting forth guidelines for accountability and transparancy for grant recipients.

Mr. Sessions moved to recommit with instructions to Financial Services.

3:11 P.M. -

The previous question was ordered pursuant to the rule.

The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.

The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1728.

On agreeing to the McHenry amendment Failed by recorded vote: 171 - 255 (Roll no. 241).

3:03 P.M. -

On agreeing to the Price (GA) amendment Failed by recorded vote: 167 - 259 (Roll no. 240).

2:53 P.M. -

On agreeing to the Hensarling amendment Failed by recorded vote: 171 - 252 (Roll no. 239).

2:45 P.M. -

On agreeing to the Frank (MA) amendment Agreed to by recorded vote: 245 - 176 (Roll no. 238).

2:11 P.M. -

UNFINISHED BUSINESS - The Chair announced that the unfinished business was on the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.

On agreeing to the Weiner amendment as modified Agreed to by voice vote.

2:07 P.M. -

DEBATE - Pursuant to the provisions of H. Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Weiner amendment, as modified.

2:06 P.M. -

Weiner amendment modified by unanimous consent.

Amendment offered by Mr. Weiner.

: An amendment numbered 14 printed in House Report 111-98 to require Fannie Mae and Freddie Mac to take into account factors such as the health of the local or regional housing market and other factors when determining fee schedules, occupancy and pre-sale guidelines for condominium and cooperative housing mortgages.

On agreeing to the Diaz-Balart, M. amendment Agreed to by voice vote.

1:58 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Mario Diaz-Balart amendment.

Amendment offered by Mr. Diaz-Balart, M..

: An amendment numbered 13 printed in House Report 111-98 to require the Secretary of HUD to study the effects of the presence of Chinese dry wall on foreclosures and the availability of property insurance for residential structures where Chinese dry wall is present.

1:57 P.M. -

On agreeing to the Titus amendment Agreed to by voice vote.

1:47 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Titus amendment.

Amendment offered by Ms. Titus.

: An amendment numbered 12 printed in House Report 111-98 to require that the costs and benefits of each residential mortgage loan offered, discussed or referred to by the originator be clearly presented side by side and that the disclosures for each product have equal prominence. Would require that disclosure be made in writing, the understanding of which will be acknowledged by the signature of the mortgage originator and consumer.

1:46 P.M. -

On agreeing to the Brown-Waite, Ginny amendment Agreed to by voice vote.

1:43 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Brown-Waite amendment.

Amendment offered by Ms. Brown-Waite, Ginny.

: An amendment numbered 11 printed in House Report 111-98 to expand the scope of the GAO study required under this act to include an examination of any effects on consumer and small business credit availability and affordability.

1:42 P.M. -

On agreeing to the Dahlkemper amendment Agreed to by voice vote.

1:39 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Dahlkemper amendment.

Amendment offered by Mrs. Dahlkemper.

: An amendment numbered 10 printed in House Report 111-98 to require that benefits of pre-payment of mortgage balances be explained in the consumer education guide produced by HUD.

1:38 P.M. -

POSTPONED PROCEEDINGS - At the conclusion of debate on the McHenry amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the noes had prevailed. Mr. McHenry demanded a recorded vote and the Chair postponed further proceedings until later in the legislative day.

1:30 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the McHenry amendment.

Amendment offered by Mr. McHenry.

: An amendment numbered 9 printed in House Report 111-98 to strike title III from the bill relating to high-cost mortgages.

1:29 P.M. -

On agreeing to the McNerney amendment Agreed to by voice vote.

1:25 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the McNerney amendment.

Amendment offered by Mr. McNerney.

: An amendment numbered 8 printed in House Report 111-98 to stipulate that when awarding assistance to HUD-approved housing counseling agencies and/or state housing finance agencies, the Secretary may give priority consideration to entities serving areas with high rates of foreclosure.

1:24 P.M. -

POSTPONED PROCEEDINGS - At the conclusion of debate on the Price (GA) amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the noes had prevailed. Mr. Price (GA) demanded a recorded vote and the Chair postponed further proceedings until later in the legislative day.

1:14 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Price (GA) amendment.

Amendment offered by Mr. Price (GA).

: An amendment numbered 7 printed in House Report 111-98 to delay the enactment of titles I, II, and III of the bill until the Federal Reserve certifies that they will not reduce the availability or increase the price of credit for qualified mortgages.

1:13 P.M. -

On agreeing to the Moore (KS) amendment Agreed to by voice vote.

1:06 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Moore (KS) amendment.

Amendment offered by Mr. Moore (KS).

: An amendment numbered 6 printed in House Report 111-98 to require income to be verified by lenders utilizing IRS tax transcripts or similar methods that verify income by a third party.

1:05 P.M. -

POSTPONED PROCEEDINGS - At the conclusion of debate on the Hensarling amendment, the Chair put the question on the adoption of the amendment and by voice vote, announced the noes had prevailed. Mr. Hensarling demanded a recorded vote and the Chair postponed further proceedings until later in the legislative day.

12:54 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Hensarling amendment.

Amendment offered by Mr. Hensarling.

: An amendment numbered 5 printed in House Report 111-98 to strike the assignee and securitizer liability provisions from the bill.

12:53 P.M. -

On agreeing to the Perlmutter amendment Agreed to by voice vote.

12:45 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Perlmutter amendment.

Amendment offered by Mr. Perlmutter.

: An amendment numbered 4 printed in House Report 111-98 to reduce the grace period for renters renting a unit in violation of a mortgage contract when that property is sold to a purchaser who intends to use such property as an owner-occupied unit from 90 days to 30 days. Additionally, creditors may only accelerate debt repayment in certain circumstances.

12:44 P.M. -

On agreeing to the Bachus amendment Agreed to by voice vote.

12:36 P.M. -

DEBATE - Pursuant to the provisions of H.Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Bachus amendment.

Amendment offered by Mr. Bachus.

: An amendment numbered 3 printed in House Report 111-98 to provide assistance to the Neighborhood Reinvestment Corporation for activities, in connection with servicers of residential mortgage loans, to inform borrowers under such loans who are delinquent with respect to payments due under such loans of the dangers of fraudulent activities associated with foreclosure.

12:35 P.M. -

POSTPONED PROCEEDINGS - At the conclusion of debate on the Frank (MA) amendment number 2, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Ms. Bachmann demanded a recorded vote and the Chair postponed further proceedings until later in the legislative day.

12:23 P.M. -

DEBATE - Pursuant to the provisions of H. Res. 406, the Committee of the Whole proceeded with 10 minutes of debate on the Frank (MA) amendment number 2.

Amendment offered by Mr. Frank (MA).

: An amendment numbered 2 printed in House Report 111-98 to provide that no funds in the bill for legal assistance or housing counseling grants may be distributed to any organization which has been or which employs an individual who has been convicted for a violation under Federal law relating to an election for Federal office. (Description language has been modified pursuant to a previous unanimous consent agreement by the House.)

12:22 P.M. -

The Committee of the Whole rose informally in order to receive a message from the President. Subsequently, the Committee resumed its sitting.

On agreeing to the Frank (MA) amendment Agreed to by voice vote.

12:01 P.M. -

DEBATE - Pursuant to the provisions of H. Res. 406, the Committee of the Whole proceeded with 30 minutes of debate on the Frank (MA) amendment number 1.

Amendment offered by Mr. Frank (MA).

: An amendment numbered 1 printed in House Report 111-98 as a manager's amendment to provide for various and sundry clarifying changes in the bill.

11:59 A.M. -

FUTHER CONSIDERATION OF H.R. 1728 - Pursuant to the provisions of H.Res. 406, the Committee of the Whole resumed consideration of H.R. 1728 and the amendments made in order thereto by the rule.

The House resolved into Committee of the Whole House on the state of the Union for further consideration.

Considered as unfinished business.

11:54 A.M. -

NOTICE OF INTENT TO OFFER A PRIVILEGE RESOLUTION - Mr. Flake of Arizona notified the House of his intentions to offer a privilege resolution.

H. Res. 14:: recognizing the importance of the Border Patrol in combating human smuggling and commending the Department of Justice for increasing the rate of human smuggler prosecutions

The title of the measure was amended. Agreed to without objection.

Motion to reconsider laid on the table Agreed to without objection.

On motion to suspend the rules and agree to the resolution, as amended Agreed to by voice vote.

Considered as unfinished business.

11:53 A.M. -

UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of a motion to suspend the rules which had been debated earlier and on which further proceedings had been postponed.

H. Res. 406:: providing for further consideration of the bill ( H.R. 1728) to amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for such practices, to provide certain minimum standards for consumer mortgage loans, and for other purposes

Motion to reconsider laid on the table Agreed to without objection.

On agreeing to the resolution Agreed to by the Yeas and Nays: 247 - 174 (Roll no. 237).

11:23 A.M. -

The previous question was ordered without objection.

10:17 A.M. -

DEBATE - The House proceeded with one hour of debate on H. Res. 406. During the course of debate, Mr. Cardoza asked unanimous consent to modify the description of the Frank amendment numbered 2 printed in House Report 111-98 in the form provided to the desk. Agreed to without objection. Subsequently, the House resumed debate on H.Res. 406.

Considered as privileged matter.

10:03 A.M. -

ONE MINUTE SPEECHES - The House proceeded with one minute speeches which by direction of the Chair, would be limited to five per side of the aisle.

10:02 A.M. -

PLEDGE OF ALLEGIANCE - The Chair designated Mr. Baca to lead the Members in reciting the Pledge of Allegiance to the Flag.

The Speaker announced approval of the Journal. Pursuant to clause 1, rule I, the Journal stands approved.

10:01 A.M. -

Today's prayer was offered by Reverend Michael Cummings, Burnt Swamp Association, Pembroke, North Carolina.

10:00 A.M. -

The Speaker designated the Honorable Ellen O. Tauscher to act as Speaker pro tempore for today.

The House convened, starting a new legislative day.