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House Calendar No. 38 

111TH CONGRESS 

1ST SESSION H. RES. 306 

[Report No. 111–71] 

Providing for consideration of the bill (H.R. 1664) to amend the executive 

compensation provisions of the Emergency Economic Stabilization Act 

of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards. 

IN THE HOUSE OF REPRESENTATIVES 

MARCH 31, 2009 

Mr. PERLMUTTER, 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. 1664) to amend 

the executive compensation provisions of the Emergency 

Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not 

based on performance standards. 

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 considerVerDate Nov 24 2008 01:58 Apr 01, 2009 Jkt 079200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\HR306.RH HR306

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•HRES 306 RH 

1 ation of the bill (H.R. 1664) to amend the executive com2 pensation provisions of the Emergency Economic Sta3 bilization Act of 2008 to prohibit unreasonable and exces4 sive compensation and compensation not based on per5 formance standards. The first reading of the bill shall be 

6 dispensed with. All points of order against consideration 

7 of the bill are waived except those arising under clause 

8 9 or 10 of rule XXI. General debate shall be confined to 

9 the bill and shall not exceed one hour equally divided and 

10 controlled by the chair and ranking minority member of 

11 the Committee on Financial Services. After general debate 

12 the bill shall be considered for amendment under the five13 minute rule. It shall be in order to consider as an original 

14 bill for the purpose of amendment under the five-minute 

15 rule the amendment in the nature of a substitute rec16 ommended by the Committee on Financial Services now 

17 printed in the bill. The committee amendment in the na18 ture of a substitute shall be considered as read. All points 

19 of order against the committee amendment in the nature 

20 of a substitute are waived except those arising under 

21 clause 10 of rule XXI. Notwithstanding clause 11 of rule 

22 XVIII, no amendment to the committee amendment in the 

23 nature of a substitute shall be in order except those print24 ed in the report of the Committee on Rules accompanying 

25 this resolution. Each such amendment may be offered only 


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•HRES 306 RH 

1 in the order printed in the report, may be offered only 

2 by a Member designated in the report, shall be considered 

3 as read, shall be debatable for the time specified in the 

4 report equally divided and controlled by the proponent and 

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

6 not be subject to a demand for division of the question 

7 in the House or in the Committee of the Whole. All points 

8 of order against such amendments are waived except those 

9 arising under clause 9 or 10 of rule XXI. At the conclusion 

10 of consideration of the bill for amendment the Committee 

11 shall rise and report the bill to the House with such 

12 amendments as may have been adopted. Any Member may 

13 demand a separate vote in the House on any amendment 

14 adopted in the Committee of the Whole to the bill or to 

15 the committee amendment in the nature of a substitute. 

16 The previous question shall be considered as ordered on 

17 the bill and amendments thereto to final passage without 

18 intervening motion except one motion to recommit with 

19 or without instructions. 


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House Calendar No. 38 

111TH CONGRESS 

1ST SESSION H. RES. 306 

[Report No. 111–71] 

RESOLUTION 

Providing for consideration of the bill (H.R. 1664) 

formance standards. pensation and compensation not based on per2008 to prohibit unreasonable and excessive comof the Emergency Economic Stabilization Act of to amend the executive compensation provisions 

MARCH 31, 2009 

Referred to the House Calendar and ordered to be 

printed 


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