IV

107TH CONGRESS

2D SESSION H. RES. 480

Providing for consideration of the bill (H.R. 4098) to provide for criminal

prosecution of persons who alter or destroy evidence in certain Federal

investigations or defraud investors of publicly traded securities, to disallow debts incurred in violation of securities fraud laws from being

discharged in bankruptcy, to protect whistleblowers against retaliation

by their employers, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

JULY 10, 2002

Mr. PHELPS submitted the following resolution; which was referred to the

Committee on Rules

RESOLUTION

Providing for consideration of the bill (H.R. 4098) to provide

for criminal prosecution of persons who alter or destroy

evidence in certain Federal investigations or defraud investors of publicly traded securities, to disallow debts

incurred in violation of securities fraud laws from being

discharged in bankruptcy, to protect whistleblowers

against retaliation by their employers, and for other purposes.

1 Resolved, That immediately upon adoption of this res2 olution the Speaker shall, pursuant to clause 2(b) of rule

3 XVIII, declare the House resolved into the Committee of

4 the Whole House on the state of the Union for consider-
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HRES 480 IH

1 ation of the bill (H.R. 4098) to provide for criminal pros2 ecution of persons who alter or destroy evidence in certain

3 Federal investigations or defraud investors of publicly

4 traded securities, to disallow debts incurred in violation

5 of securities fraud laws from being discharged in bank6 ruptcy, to protect whistleblowers against retaliation by

7 their employers, and for other purposes. The first reading

8 of the bill shall be dispensed with. All points of order

9 against consideration of the bill are waived. General de10 bate shall be confined to the bill and shall not exceed one

11 hour equally divided and controlled by the chairman and

12 ranking minority member of the Committee on the Judici13 ary. After general debate the bill shall be considered for

14 amendment under the five-minute rule. The bill shall be

15 considered as read. The amendment specified in section

16 2 of this resolution shall be considered as adopted in the

17 House and in the Committee of the Whole. At the conclu18 sion of consideration of the bill for amendment the Com19 mittee shall rise and report the bill, as amended, to the

20 House with such further amendments as may have been

21 adopted. The previous question shall be considered as or22 dered on the bill and amendments thereto to final passage

23 without intervening motion to recommit with or without

24 instructions.
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1 SEC. 2. The amendment referred to in the first sec2 tion of this resolution is as follows:

3 ‘‘Strike section 6 and section 9 and redesignate the

4 remaining sections accordingly.’’

5 SEC. 3. If the Committee of the Whole rises and re6 ports that it has come to no resolution on the bill, then

7 on the next legislative day the House shall, immediately

8 after the third daily order of business under clause 1 of

9 rule XIV, resolve into the Committee of the Whole for fur10 ther consideration of the bill.

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