IV

House Calendar No. 81

106TH CONGRESS

1ST SESSION H. RES. 235

[Report No. 106–214]

Providing for consideration of the bill (H.R. 10) to enhance competition

in the financial services industry by providing a prudential framework

for the affiliation of banks, securities firms, and other financial service

providers, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

JUNE 30, 1999

Mr. SESSIONS, from the Committee on Rules, reported the following resolution; which was referred to the House Calendar and ordered to be printed

RESOLUTION

Providing for consideration of the bill (H.R. 10) to enhance

competition in the financial services industry by providing a prudential framework for the affiliation of

banks, securities firms, and other financial service providers, and for other purposes.

1 Resolved, That at any time after the adoption of this

2 resolution the Speaker may, pursuant to clause 2(b) of

3 rule XVIII, declare the House resolved into the Committee

4 of the Whole House on the state of the Union for consider5 ation of the bill (H.R. 10) to enhance competition in the
2

HRES 235 RH

1 financial services industry by providing a prudential

2 framework for the affiliation of banks, securities firms,

3 and other financial service providers, and for other pur4 poses. The first reading of the bill shall be dispensed with.

5 All points of order against consideration of the bill are

6 waived. General debate shall be confined to the bill and

7 shall not exceed 90 minutes, with 45 minutes equally di8 vided and controlled by the chairman and ranking minor9 ity member of the Committee on Banking and Financial

10 Services and 45 minutes equally divided and controlled by

11 the chairman and ranking minority member of the Com12 mittee on Commerce. After general debate the bill shall

13 be considered for amendment under the five-minute rule.

14 In lieu of the amendments now printed in the bill, it shall

15 be in order to consider as an original bill for the purpose

16 of amendment under the five-minute rule an amendment

17 in the nature of a substitute consisting of the text of the

18 Rules Committee Print dated June 24, 1999. That

19 amendment in the nature of a substitute shall be consid20 ered as read. All points of order against that amendment

21 in the nature of a substitute are waived. No amendment

22 to that amendment in the nature of a substitute shall be

23 in order except those printed in the report of the Com24 mittee on Rules accompanying this resolution. Each

25 amendment may be offered only in the order printed in
3

HRES 235 RH

1 the report, may be offered only by a Member designated

2 in the report, shall be considered as read, shall be debat3 able for the time specified in the report equally divided

4 and controlled by the proponent and an opponent, shall

5 not be subject to amendment, and shall not be subject to

6 a demand for division of the question in the House or in

7 the Committee of the Whole. All points of order against

8 the amendments printed in the report are waived. The

9 Chairman of the Committee of the Whole may: (1) post10 pone until a time during further consideration in the Com11 mittee of the Whole a request for a recorded vote on any

12 amendment; and (2) reduce to five minutes the minimum

13 time for electronic voting on any postponed question that

14 follows another electronic vote without intervening busi15 ness, provided that the minimum time for electronic voting

16 on the first in any series of questions shall be 15 minutes.

17 At the conclusion of consideration of the bill for amend18 ment the Committee shall rise and report the bill to the

19 House with such amendments as may have been adopted.

20 Any Member may demand a separate vote in the House

21 on any amendment adopted in the Committee of the Whole

22 to the bill or to the amendment in the nature of a sub23 stitute made in order as original text. The previous ques24 tion shall be considered as ordered on the bill and amend25 ments thereto to final passage without intervening motion
4

HRES 235 RH

1 except one motion to recommit with or without instruc2 tions.

House Calendar No. 81

106TH CONGRESS

1ST SESSION H. RES. 235

[Report No. 106–214]

RESOLUTION

Providing for consideration of the bill (H.R. 10) to

purposes.other financial service providers, and for otherthe affiliation of banks, securities firms, anddustry by providing a prudential framework forenhance competition in the financial services inJUNE 30, 1999

Referred to the House Calendar and ordered to be

printed