To remove the limitation on the availability of funds previously appropriated to the Resolution Trust Corporation.
Amends the Federal Home Loan Bank Act to remove the limitation placed on previously appropriated additional interim funds to the Resolution Trust Corporation.
Placed on the Union Calendar, Calendar No. 274.
Held at the desk.
Motion to reconsider laid on the table Agreed to without objection.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Rules Committee Resolution H. Res. 412 Reported to House. Rule provides for consideration of H.R. 4704 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. All points of order against the bill and against its consideration are waived. The bill will be considered in the House. After passage of H.R. 4704, it shall be in order to take from the Speaker's table the bill S. 2482 and consider said bill in the House. All points of order against consideration of the Senate bill are waived. It shall then be in order to move to strike out all after the enacting clause of S. 2482 and to insert in lieu thereof the provisions of H.R. 4704 as passed by the House and to move to insist
Rule H. Res. 412 passed House.
Considered under the provisions of rule H. Res. 412.
Rule provides for consideration of H.R. 4704 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. All points of order against the bill and against its consideration are waived. The bill will be considered in the House. After passage of H.R. 4704, it shall be in order to take from the Speaker's table the bill S. 2482 and consider said bill in the House. All points of order against consideration of the Senate bill are waived. It shall then be in order to move to strike out all after the enacting clause of S. 2482 and to insert in lieu thereof the provisions of H.R. 4704 as passed by the House and to move to insist
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DEBATE - The House proceeded with one hour of debate.
The previous question was ordered pursuant to the rule.
Mr. McCollum moved to recommit with instructions to Banking, Finance + Urban Affrs.
Point of order sustained against the motion to recommit with instructions.
Mr. Gonzalez raised a point of order against the motion to recommit with instructions. Mr. Gonzalez stated that the instructions are not germane to the narrow subject matter of the bill. Sustained by the Chair.
Mr. Johnson (TX) moved to recommit to Banking, Finance + Urban Affrs.
Mr. Gonzalez raised a point of order against the motion to recommit. Mr. Gonzalez stated that the provisions of H. Res. 412 permitted only one motion to recommit. Overruled by the Chair.
On motion to recommit Failed by the Yeas and Nays: 173 - 247 (Roll no. 68).
Roll Call #68 (House)Failed of passage/not agreed to in House: On passage Failed by recorded vote: 125 - 298 (Roll no. 69).
Roll Call #69 (House)On passage Failed by recorded vote: 125 - 298 (Roll no. 69).
Roll Call #69 (House)Motion to reconsider laid on the table Agreed to without objection.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.