IV 

109TH CONGRESS 

2D SESSION H. RES. 909 

Encouraging the United States financial services industry to develop, test, 

and implement systemic plans to address the challenges and risks posed 

by pandemic or bioterrorism events to the national and international 

economies, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JULY 11, 2006 

Mr. PRICE of Georgia (for himself, Mrs. KELLY, and Mr. SCOTT of Georgia) 

submitted the following resolution; which was referred to the Committee 

on Financial Services, and in addition to the Committee on Energy and 

Commerce, for a period to be subsequently determined by the Speaker, 

in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned 

RESOLUTION 

Encouraging the United States financial services industry 

to develop, test, and implement systemic plans to address 

the challenges and risks posed by pandemic or bioterrorism events to the national and international economies, and for other purposes. 

Whereas the ongoing and uninterrupted operation of the national and international financial system is essential to 

the national economic security and economy of the 

United States; 


hmoore on PROD1PC68 with HMBILLS
2 

•HRES 909 IH 

Whereas difficult challenges to the ongoing and uninterrupted 

operation of the national and international financial system may be posed by pandemic or bioterrorism events; 

Whereas such difficult challenges may include widespread absenteeism among workers and the loss of critical infrastructure support services; 

Whereas such difficult challenges may also include diminution 

of the liquidity, financial integrity, financial results, and 

stability of financial services providers, participants, and 

markets resulting in disruption of capital flows, global 

asset reallocations, and asset and equity price declines; 

Whereas any disruption of the operation of the national and 

international financial system might deprive businesses, 

consumers, and investors of access to cash, credit, financial assets and related information necessary to the effective functioning of the national and international economies; 

Whereas important and commendable progress by national 

and international financial system participants has been 

made in providing for the resiliency of the national and 

international financial system; 

Whereas continued progress in such preparation is needed in 

order to meet the significant and unprecedented challenges posed by pandemic or bioterrorism events; 

Whereas that continued progress should include contingency 

and other plans to support the rapid recovery of businesses, consumers and investors who may suffer adverse 

economic consequences from pandemic or bioterrorism 

events; and 


hmoore on PROD1PC68 with HMBILLS
3 

•HRES 909 IH 

Whereas time is of the essence in developing those plans in 

order to protect the economy and national economic security of the United States: Now, therefore, be it 

1 Resolved, That— 

2 (1) all participants in the United States finan3 cial services industry are encouraged to develop, test, 

4 and implement systemic plans to address the chal5 lenges and risks posed by pandemic or bioterrorism 

6 events to the national and international economies; 

7 (2) such plans should encompass, as applica8 ble— 

9 (A) financial institutions; 

10 (B) financial systems and markets; and 

11 (C) businesses, consumers, and investor 

12 levels; and 

13 (3) all citizens of the United States are encour14 aged to— 

15 (A) become informed about the financial 

16 and other risks of pandemic and bioterrorism 

17 events; 

18 (B) consider how those risks may affect 

19 them as individuals, families, business people, 

20 and consumers; and 


hmoore on PROD1PC68 with HMBILLS
4 

•HRES 909 IH 

1 (C) prepare appropriate plans and re2 sponses for potential pandemic and bioterrorism 

3 events. 

Æ 


hmoore on PROD1PC68 with HMBILLS