H. Res. 235

In the House of Representatives, U.S.,

July 1, 1999.

Resolved, That at any time after the adoption of this resolution the Speaker may, pursuant to clause 2(b) of rule

XVIII, declare the House resolved into the Committee of the

Whole House on the state of the Union 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. The first reading of the

bill shall be dispensed with. All points of order against consideration of the bill are waived. General debate shall be confined to the bill and shall not exceed 90 minutes, with 45

minutes equally divided and controlled by the chairman and

ranking minority member of the Committee on Banking and

Financial Services and 45 minutes equally divided and controlled by the chairman and ranking minority member of the

Committee on Commerce. After general debate the bill shall

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

lieu of the amendments now printed in the bill, it shall be in
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order to consider as an original bill for the purpose of amendment under the five-minute rule an amendment in the nature

of a substitute consisting of the text of the Rules Committee

Print dated June 24, 1999. That amendment in the nature

of a substitute shall be considered as read. All points of order

against that amendment in the nature of a substitute are

waived. No amendment to that amendment in the nature of

a substitute shall be in order except those printed in the report of the Committee on Rules accompanying this resolution.

Each amendment 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 in the House or in the Committee of the

Whole. All points of order against the amendments printed in

the report are waived. The Chairman of the Committee of the

Whole may: (1) postpone until a time during further consideration in the Committee of the Whole a request for a recorded vote on any amendment; and (2) reduce to five minutes the minimum time for electronic voting on any postponed question that follows another electronic vote without

intervening business, provided that the minimum time for

electronic voting on the first in any series of questions shall
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be 15 minutes. At the conclusion of consideration of the bill

for amendment the Committee shall rise and report the bill

to the House with such amendments as may have been adopted. Any Member may demand a separate vote in the House

on any amendment adopted in the Committee of the Whole

to the bill or to the amendment in the nature of a substitute

made in order as original text. The previous question shall be

considered as ordered on the bill and amendments thereto to

final passage without intervening motion except one motion

to recommit with or without instructions.

Attest:

Clerk.