and such reform bill shall be referred to the appro-
priate committee of Congress under paragraph (2). 
If the reform bill is not introduced in accordance 
with the preceding sentence, the reform bill may be 
introduced in either House of Congress by any mem-
ber thereof. 
(2) COMMITTEE CONSIDERATION.—
(A) REFERRAL.—A reform bill introduced 
in the House of Representatives shall be re-
ferred to the Committee on Ways and Means of 
the House of Representatives. A reform bill in-
troduced in the Senate shall be referred to the 
Committee on Finance of the Senate. 
(B) REPORTING.—Not later than 30 days 
after the introduction of the reform bill, the 
committee of Congress to which the reform bill 
was referred shall report the bill or a committee 
amendment thereto. 
(C) DISCHARGE
OF
COMMITTEE.—If the 
committee to which is referred a reform bill has 
not reported such reform bill (or an identical 
reform bill) at the end of 30 calendar days after 
its introduction or at the end of the first day 
after there has been reported to the House in-
volved a reform bill, whichever is earlier, such
committee shall be deemed to be discharged 
from further consideration of such reform bill 
and such reform bill shall be placed on the ap-
propriate calendar of the House involved. 
(b) EXPEDITED PROCEDURE.—
(1) CONSIDERATION.—
(A) IN GENERAL.—Not later than 2 days 
after the date on which a committee has been 
discharged from consideration of a reform bill, 
the Speaker of the House of Representatives, or 
the Speaker’s designee, or the Majority Leader 
of the Senate, or the Leader’s designee, shall 
move to proceed to the consideration of the 
committee amendment to the reform bill, and if 
there is no such amendment, to the reform bill. 
It shall also be in order for any member of the 
House of Representatives or the Senate, respec-
tively, to move to proceed to the consideration 
of the reform bill at any time after the conclu-
sion of such 2-day period. 
(B) POINTS
OF
ORDER
WAIVED.—All 
points of order against the reform bill (and 
against consideration of the reform bill) are 
waived.
(C) MOTION TO PROCEED.—A motion to 
proceed to the consideration of the reform bill 
is highly privileged in the House of Representa-
tives and is privileged in the Senate and is not 
debatable. The motion is not subject to amend-
ment, to a motion to postpone consideration of 
the reform bill, or to a motion to proceed to the 
consideration of other business. A motion to re-
consider the vote by which the motion to pro-
ceed is agreed to or not agreed to shall not be 
in order. If the motion to proceed is agreed to, 
the House of Representatives or the Senate, as 
the case may be, shall immediately proceed to 
consideration of the reform bill without inter-
vening motion, order, or other business, and the 
reform bill shall remain the unfinished business 
of the House of Representatives or the Senate, 
as the case may be, until disposed of. 
(D) LIMITED DEBATE.—Debate on the re-
form bill and on all debatable motions and ap-
peals in connection therewith shall be limited to 
not more than the lesser of 100 hours or 14 
days, which shall be divided equally between 
those favoring and those opposing the reform
bill. A motion further to limit debate on the re-
form bill is in order and not debatable. 
(E) AMENDMENTS.—
(i) CONSIDERATION IN THE HOUSE OF 
REPRESENTATIVES.—Subject 
to 
clause 
(iii), amendments to the reform bill during
consideration in the House of Representa-
tives shall be limited in accordance with a 
rule adopted by the Committee on Rules 
of the House of Representatives. 
(ii) CONSIDERATION
IN
THE
SEN-
ATE.—Subject to clause (iii), amendments 
to the reform bill during consideration in 
the Senate shall be limited to—
(I) one first degree amendment 
per member or that member’s des-
ignee with 1 hour of debate equally di-
vided; and 
(II) 
germane 
second 
degree 
amendments (without limit) with 30 
minutes of debate equally divided. 
(iii) LEADERSHIP
AMENDMENTS.—
The Speaker of the House of Representa-
tives and the Minority Leader of the 
House of Representatives and the Majority
Leader of the Senate and the Minority 
Leader of the Senate may each offer 1 
first degree amendment (in addition to the 
amendments afforded such members under 
clause (i) or (ii)), with 4 hours of debate 
equally divided on each such amendment 
offered. No second degree amendments 
may be offered by the Speaker of the 
House of Representatives, the Minority 
Leader of the House of Representatives, 
the Majority Leader of the Senate, or the 
Minority Leader of the Senate in their 
leadership capacities. 
(F) VOTE
ON
FINAL
PASSAGE.—Imme-
diately following the conclusion of the debate on 
the reform bill, and on all amendments offered 
to the reform bill, and all votes required on 
amendments offered to the reform bill, the vote 
on final passage of the reform bill shall occur. 
(G) OTHER MOTIONS NOT IN ORDER.—A 
motion to postpone consideration of the reform 
bill, a motion to proceed to the consideration of 
other business, or a motion to recommit the re-
form bill is not in order. A motion to reconsider
the vote by which the reform bill is agreed to 
or not agreed to is not in order. 
(H) APPEALS.—Appeals from the decisions 
of the Chair relating to the application of the 
rules of the House of Representatives or of the 
Senate, as the case may be, to the procedure re-
lating to the reform bill shall be decided with-
out debate. 
(2) CONSIDERATION BY OTHER HOUSE.—If, be-
fore the passage by one House of the reform bill 
that was introduced in such House, such House re-
ceives from the other House a reform bill as passed 
by such other House—
(A) the reform bill of the other House shall 
be subject to the same rules as the rules under 
this section governing the reform bill introduced 
in the receiving House; and 
(B) the procedure in the House in receipt 
of the reform bill of the other House, with re-
spect to the reform bill that was introduced in 
the House in receipt of the reform bill of the 
other House, shall be the same as if no reform 
bill had been received from the other House. 
Upon passage of a reform bill by either House (or 
upon adoption of an amendment by either House to
a reform bill received from the other House), it shall 
no longer be in order in the House passing such bill 
(or amendment) to consider any other reform bill 
under this section. 
(3) CONSIDERATION IN CONFERENCE.—
(A) CONVENING OF CONFERENCE.—
(i) IN GENERAL.—Immediately upon a 
final passage of the reform bill that results 
in a disagreement between the two Houses 
of Congress with respect to the bill, the 
conferees described in clause (ii) shall be 
appointed and a conference convened.
(ii) 
CONFEREES
DESCRIBED.—The 
conferees described in this clause are the 
following: 
(I) The Speaker of the House of 
Representatives. 
(II) The Minority Leader of the 
House of Representatives. 
(III) The Majority Leader of the 
Senate. 
(IV) The Minority Leader of the 
Senate.
(V) Each member of the Com-
mittee on Ways and Means of the 
House of Representatives. 
(VI) Each member of the Com-
mittee on Finance of the Senate. 
(B) DEADLINE
FOR
REPORT.—Not later 
than 14 days after the date on which conferees 
are appointed, the conferees shall file a report
with the House of Representatives and the Sen-
ate resolving the differences between the 
Houses on the reform bill.
(C) LIMITATION ON SCOPE.—A report filed 
under subparagraph (B) shall be limited to res-
olution of the differences between the Houses 
on the reform bill and shall not include any 
other matter. 
(D) HOUSE CONSIDERATION.—
(i) IN
GENERAL.—Notwithstanding 
any other rule of the House of Representa-
tives, it shall be in order to immediately 
consider a report of a committee of con-
ference on the reform bill filed in accord-
ance with subparagraph (B). 
(ii) DEBATE.—Debate in the House of 
Representatives on the conference report
shall be limited to the lesser of 50 hours 
or 7 days, equally divided and controlled 
by the Speaker of the House of Represent-
atives and the Minority Leader of the 
House of Representatives or their des-
ignees. 
(iii) LIMITATION
ON
MOTIONS.—A 
motion to further limit debate on the con-
ference report is not debatable. A motion 
to recommit the conference report is not in 
order, and it is not in order to move to re-
consider the vote by which the conference 
report is agreed to or disagreed to. 
(iv) VOTE
ON
FINAL
PASSAGE.—A 
vote on final passage of the conference re-
port shall occur immediately at the conclu-
sion or yielding back of all time for debate 
on the conference report. 
(E) SENATE CONSIDERATION.—
(i) IN GENERAL.—The motion to pro-
ceed to consideration in the Senate of the 
conference report shall not be debatable 
and the reading of such conference report 
shall be deemed to have been waived.
(ii) DEBATE.—Consideration in the 
Senate of the conference report on a re-
form bill shall be limited to the lesser of 50 
hours or 7 days, equally divided and con-
trolled by the Majority Leader and the Mi-
nority Leader or their designees. 
(iii) LIMITATION ON MOTION TO RE-
COMMIT.—A motion to recommit the con-
ference report is not in order. 
(4) RULES OF THE SENATE AND HOUSE OF 
REPRESENTATIVES.—This subsection is enacted by 
Congress—
(A) as an exercise of the rulemaking power 
of the Senate and House of Representatives, re-
spectively, and is deemed to be part of the rules 
of each House, respectively, but applicable only 
with respect to the procedure to be followed in 
that House in the case of a bill, and it super-
sedes other rules only to the extent that it is in-
consistent with such rules; and 
(B) with full recognition of the constitu-
tional right of either House to change the rules 
(so far as they relate to the procedure of that 
House) at any time, in the same manner, and
to the same extent as in the case of any other 
rule of that House. 
SEC. 11. TERMINATION. 
The Commission shall terminate 30 days after trans-
mitting its recommendations pursuant to section 5. 
SEC. 12. AUTHORIZATION OF APPROPRIATIONS. 
There are authorized to be appropriated such sums 
as may be necessary for the activities of the Commission. 
In order to provide funding before funds are otherwise 
specifically appropriated for such activities, of the 
amounts appropriated to the Department of the Treasury 
under the account ‘‘Departmental Offices–Salaries and 
Expenses’’ there is hereby transferred to the Commission 
$2,000,000 for such activities, which amount shall remain 
available until expended.
Æ