Emergency Steel Loan Guarantee and Emergency Oil and Gas Guaranteed Loan Act of 1999
Sponsor introductory remarks on measure. (CR S11645)
Congressional Research Service
Official summary
Version 35 · Passed Senate amended · Jun 18, 1999
Emergency Steel Loan Guarantee and Emergency Oil and Gas Guaranteed Loan Act of 1999 - Chapter 1 - Emergency Steel Loan Guarantee Act of 1999 - Establishes the Emergency Steel Guarantee Loan Program, to be administered by a Loan Guarantee Board, to provide loan guarantees to qualified steel companies. Sets limits on loan duration and on the aggregate amounts of loans and guarantees outstanding at any one time under the program or with respect to a single qualified company. Treats an iron ore company as a qualified company for purposes of such program (setting similar loan limits as above). Rescinds a specified amount of funds made available to Federal agencies, requiring such funds to be taken only from administrative and travel accounts. Requires a report from the Director of the Office of Management and Budget (OMB) to the Senate and House appropriations committees on an accounting of the rescinded funds. Chapter 2 - Emergency Oil and Gas Guaranteed Loan Program Act - Establishes the Emergency Oil and Gas Guaranteed Loan Program, to be administered by a Loan Guarantee Board, to guarantee loans provided to qualified oil and gas companies (including Alaska companies and Alaska Native corporations) by private banking and investment institutions. Sets forth requirements relating to such loan guarantees, including on total and individual guarantees, a minimum guarantee amount, Board determinations with respect to certain preconditions, terms and fees, and reports. Rescinds a specified amount of funds made available to Federal agencies, requiring such funds to be taken only from administrative and travel accounts. Requires a report from the OMB Director to the appropriations committees on an accounting of the rescinded funds. Chapter 3: General Provisions - Prohibits any part of an appropriation contained in this Act from remaining available for obligation beyond FY 1999 unless expressly so provided.
Sponsor introductory remarks on measure. (CR S11645)
Became Public Law No: 106-51.
Became Public Law No: 106-51.
Signed by President.
Signed by President.
Presented to President.
Presented to President.
Motion to reconsider laid on the table Agreed to without objection.
On motion that the House agree to the Senate amendments Agreed to by recorded vote: 246 - 176, 1 Present (Roll No. 375). (consideration: CR H7222-7223)
Resolving differences -- House actions: On motion that the House agree to the Senate amendments Agreed to by recorded vote: 246 - 176, 1 Present (Roll No. 375).(consideration: CR H7222-7223)
ORDER OF THE HOUSE OF AUGUST 3 - That it be in order at any time on August 4, 1999 or any day thereafter, to take from the Speaker's table H.R. 1664, with Senate amendments thereto, and to consider in the House a single motion offered by the Chairman of the Committee on Appropriations or his designee that the House concur in the Senate amendments; that the amendments and motion be considered as read; debatable for one hour equally divided and controlled; and that the previous question be considered as ordered on the motion to final adoption without intervening motion or demand for division of the question.
Mr. Regula moved that the House agree to the Senate amendments.
Mr. Dreier asked unanimous consent That it be in order at any time on August 4, 1999 or any day thereafter, to take from the Speaker's table H.R. 1664, with Senate amendments thereto, and to consider in the House a single motion offered by the Chairman of the Committee on Appropriations or his designee that the House concur in the Senate amendments; that the amendments and motion be considered as read; debatable for one hour equally divided and controlled; and that the previous question be considered as ordered on the motion to final adoption without intervening motion or demand for division of the question Agreed to without objection.
Passed Senate with amendments and an amendment to the Title by Yea-Nay Vote. 63-34. Record Vote No: 176. (consideration: CR S7247-7250; text: CR S7064-7078)
Passed/agreed to in Senate: Passed Senate with amendments and an amendment to the Title by Yea-Nay Vote. 63-34. Record Vote No: 176.(consideration: CR S7247-7250; text: CR S7064-7078)
The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union.
The previous question was ordered pursuant to the rule.
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1664.
UNFINISHED BUSINESS - The Chair announced that the recorded votes postponed earlier will occur in the following order: The amendment offered by Mr. Coburn and the amendment offered by Mr. Obey.
VOTE POSTPONED - The Chair put the question on agreeing to the amendment offered by Mr. Obey by voice vote and announced that the noes had prevailed. Mr. Obey demanded a recorded vote pending the absence of a quorum. The Chair postponed further proceedings on the amendment and the point of no quorum was considered as withdrawn.
DEBATE - Pursuant to the rule the Committee is proceeding with 40 minutes of debate on the amendment offered by Mr. Obey.
POSTPONED VOTE - The Chair put the question on agreeing to the amendment offered by Mr. Coburn by voice vote and announced that the noes had prevailed. Mr. Coburn demanded a recorded vote pending the absence of a quorum. The Chair postponed further proceedings on the amendment and the point of no quorum was considered as withdrawn.
DEBATE - Pursuant to the rule the Committee is proceeding with 20 minutes of debate on the amendment offered by Mr. Coburn.
DEBATE - Pursuant to the rule the Committee is proceeding with 40 minutes of debate on the amendment offered by Mr. Latham.
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 159 and Rule XXIII.
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1664.
The Speaker designated the Honorable Mac Thornberry to act as Chairman of the Committee.
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 159 and Rule XXIII.
Rule provides for consideration of H.R. 1664 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. After general debate, the bill shall be considered for amendment under the five-minute rule. Before consideration of any other amendment it shall be in order to consider the amendments printed in H. Rept. 106-127. All points of order against the amendments printed in the Rules Committee report are waived. Measure will be considered read. Bill is open to amendments.
Considered under the provisions of rule H. Res. 159. (consideration: CR H2823-2896)
Rule H. Res. 159 passed House.
Rules Committee Resolution H. Res. 159 Reported to House. Rule provides for consideration of H.R. 1664 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. After general debate, the bill shall be considered for amendment under the five-minute rule. Before consideration of any other amendment it shall be in order to consider the amendments printed in H. Rept. 106-127. All points of order against the amendments printed in the Rules Committee report are waived. Measure will be considered read. Bill is open to amendments.
Placed on the Union Calendar, Calendar No. 68.
The House Committee on Appropriations reported an original measure, H. Rept. 106-125, by Mr. Young (FL).
The House Committee on Appropriations reported an original measure, H. Rept. 106-125, by Mr. Young (FL).
Introduced in House
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