IV 

House Calendar No. 100 

111TH CONGRESS 

1ST SESSION H. RES. 697 

[Report No. 111–237] 

Providing for consideration of the bill (H.R. 3269) to amend the Securities 

Exchange Act of 1934 to provide shareholders with an advisory vote 

on executive compensation and to prevent perverse incentives in the 

compensation practices of financial institutions. 

IN THE HOUSE OF REPRESENTATIVES 

JULY 30, 2009 

Mr. MCGOVERN, 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. 3269) to amend 

the Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation 

and to prevent perverse incentives in the compensation 

practices of financial institutions. 

1 Resolved, That upon the adoption of this resolution 

2 it shall be in order to consider in the House the bill (H.R. 

3 3269) to amend the Securities Exchange Act of 1934 to 

4 provide shareholders with an advisory vote on executive 

5 compensation and to prevent perverse incentives in the 


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•HRES 697 RH 

1 compensation practices of financial institutions. The first 

2 reading of the bill shall be dispensed with. All points of 

3 order against consideration of the bill are waived except 

4 those arising under clause 9 or 10 of rule XXI. The 

5 amendment in the nature of a substitute recommended by 

6 the Committee on Financial Services now printed in the 

7 bill shall be considered as adopted. The bill, as amended, 

8 shall be considered as read. All points of order against 

9 provisions of the bill, as amended, are waived. The pre10 vious question shall be considered as ordered on the bill, 

11 as amended, to final passage without intervening motion 

12 except: (1) one hour of debate equally divided and con13 trolled by the chairman and ranking minority member of 

14 the Committee on the Financial Services; (2) the amend15 ment printed in the report of the Committee on Rules ac16 companying this resolution, if offered by Representative 

17 Frank of Massachusetts or his designee, which shall be 

18 considered as read, shall be separately debatable for 10 

19 minutes equally divided and controlled by the proponent 

20 and an opponent, and shall not be subject to a demand 

21 for division of the question; (3) the amendment in the na22 ture of a substitute printed in the report of the Committee 

23 on Rules, if offered by Representative Garrett of New Jer24 sey or his designee, which shall be considered as read, and 

25 shall be separately debatable for 30 minutes equally diVerDate Nov 24 2008 21:07 Jul 30, 2009 Jkt 079200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\HR697.RH HR697

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•HRES 697 RH 

1 vided and controlled by the proponent and an opponent; 

2 and (4) one motion to recommit with or without instruc3 tions. 

4 SEC. 2. All points of order against amendments print5 ed in the report of the Committee on Rules accompanying 

6 this resolution are waived except those arising under 

7 clause 9 or 10 of rule XXI. 

8 SEC. 3. During consideration of an amendment print9 ed in the report of the Committee on Rules accompanying 

10 this resolution, the Chair may postpone the question of 

11 adoption as though under clause 8 of rule XX. 

12 SEC. 4. In the engrossment of H.R. 3269, the Clerk 

13 is authorized to make technical and conforming changes 

14 to amendatory instructions. 


jlentini on DSKJ8SOYB1PROD with BILLS
House Calendar No. 100 

111TH CONGRESS 

1ST SESSION H. RES. 697 

[Report No. 111–237] 

RESOLUTION 

Providing for consideration of the bill (H.R. 3269) 

cial institutions. centives in the compensation practices of finanecutive compensation and to prevent perverse inprovide shareholders with an advisory vote on exto amend the Securities Exchange Act of 1934 to 

JULY 30, 2009 

Referred to the House Calendar and ordered to be 

printed 


jlentini on DSKJ8SOYB1PROD with BILLS