Providing for consideration of the bill (H.R. 1315) to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection, and for other purposes.
Motion to reconsider laid on the table Agreed to without objection.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Jul 20, 2011
Sets forth the rule for consideration of the bill (H.R. 1315) to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection.
Considered as unfinished business. (consideration: CR H5316-5317)
POSTPONED PROCEEDINGS - At the conclusion of debate on H. Res. 358, the Chair put the question on adoption of the resolution and by voice vote announced that the ayes had prevailed. Mrs. Slaughter demanded the yeas and nay, and the Chair postponed further proceedings on adoption of the resolution until later in the legislative day.
DEBATE - The House proceeded with one hour of debate on H. Res. 358.
Considered as privileged matter. (consideration: CR H5305-5312)
On question of consideration of the resolution Agreed to by the Yeas and Nays: 227 - 173 (Roll no. 612). (consideration: CR H5304-5305)
At the conclusion of debate on the Fudge point of order, the Chair put the question on consideration of the resolution.
POINT OF ORDER AGAINST CONSIDERATION - Ms. Fudge stated that the provisions of H.Res. 358 violate section 426(a) of the Congressional Budget Act of 1974 by imposing an unfunded mandate and made a point of order against the consideration of the resolution. Subsequently, the Chair noted that the required threshold of identifying the specific language in question had been met, and the House proceeded with 20 minutes of debate on the question of consideration. At the conclusion of debate on the question of consideration, the Chair will put the question to wit: Will the House now consider the resolution?
By direction of the Committee on Rules, Mr. Sessions called up the resolution, H.Res. 358, and asked for its immediate consideration. (consideration: CR H5302-5305)
Placed on the House Calendar, Calendar No. 57.
In lieu of the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, it shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule an amendment in the nature of a substitute consisting of the text of the Rules Committee Print dated July 14, 2011. In the engrossement of H.R. 1315, the Clerk is directed to add the text of H.R. 830, as passed by the House, as new matter at the end of H.R. 1315.
The House Committee on Rules reported an original measure, H. Rept. 112-172, by Mr. Sessions.
The House Committee on Rules reported an original measure, H. Rept. 112-172, by Mr. Sessions.
Introduced in House
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