IV
House Calendar No. 187
105TH CONGRESS
2D SESSION
H. RES. 428
[Report No. 105–531]
Providing for consideration of the bill (H.R. 10) to enhance competition
in the financial services industry by providing a prudential framework
for the affiliation of banks, securities firms, and other financial service
providers, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
MAY 12, 1998
Mr. SOLOMON, from the Committee on Rules, reported the following resolu-
tion; which was referred to the House Calendar and ordered to be printed
RESOLUTION
Providing for consideration of the bill (H.R. 10) to enhance
competition in the financial services industry by provid-
ing a prudential framework for the affiliation of banks,
securities firms, and other financial service providers,
and for other purposes.
Resolved, That at any time after the adoption of this
resolution the Speaker may, pursuant to clause 1(b) of
rule XXIII, declare the House resolved into the Committee
of the Whole House on the state of the Union for consider-
ation of the bill (H.R. 10) to enhance competition in the
HRES 428 RH
financial services industry by providing a prudential
framework for the affiliation of banks, securities firms,
and other financial service providers, and for other pur-
poses. The first reading of the bill shall be dispensed with.
All points of order against consideration of the bill are
waived. General debate shall be confined to the bill and
shall not exceed one hour, with thirty minutes equally di-
vided and controlled by the chairman and ranking minor-
ity member of the Committee on Banking and Financial
Services and thirty minutes equally divided and controlled
by the chairman and ranking minority member of the
Committee on Commerce. It shall be in order to consider
as an original bill for the purpose of amendment under
the five-minute rule the amendment in the nature of a sub-
stitute printed in part 1 of the report of the Committee
on Rules accompanying this resolution. That amendment
in the nature of a substitute shall be considered as read.
All points of order against that amendment in the nature
of a substitute are waived. No amendment to that amend-
ment in the nature of a substitute shall be in order except
those printed in part 2 of the report of the Committee
on Rules. Each amendment may be offered only in the
order printed in the report, may be offered only by a Mem-
ber designated in the report, shall be considered as read,
shall be debatable for the time specified in the report
HRES 428 RH
equally divided and controlled by the proponent and an
opponent, shall not be subject to amendment except as
specified in the report, and shall not be subject to a de-
mand for division of the question in the House or in the
Committee of the Whole. All points of order against the
amendments printed in the report are waived. The Chair-
man of the Committee of the Whole may: (1) postpone
until a time during further consideration in the Committee
of the Whole a request for a recorded vote on any amend-
ment; and (2) reduce to five minutes the minimum time
for electronic voting on any postponed question that fol-
lows another electronic vote without intervening business,
provided that the minimum time for electronic voting on
the first in any series of questions shall be 15 minutes.
At the conclusion of consideration of the bill for amend-
ment the Committee shall rise and report the bill to the
House with such amendments as may have been adopted.
Any Member may demand a separate vote in the House
on any amendment adopted in the Committee of the Whole
to the bill or to the amendment in the nature of a sub-
stitute made in order as original text. The previous ques-
tion shall be considered as ordered on the bill and amend-
ments thereto to final passage without intervening motion
except one motion to recommit with or without instruc-
tions.
House Calendar No. 187
105TH CONGRESS
2D SESSION
H. RES. 428
[Report No. 105–531]
RESOLUTION
Providing for consideration of the bill (H.R. 10) to
enhance competition in the financial services in-
dustry by providing a prudential framework for
the affiliation of banks, securities firms, and
other financial service providers, and for other
purposes.
MAY 12, 1998
Referred to the House Calendar and ordered to be
printed