H.Res. 235 (rh) 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...

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H. Res. 235

                 In the House of Representatives, U.S.,

                                                          July 1, 1999.
    Resolved, That at any time after the adoption of this resolution the Speaker 
may, pursuant to clause 2(b) of rule XVIII, declare the House resolved into the 
Committee of the Whole House on the state of the Union 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. 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 90 minutes, with 45 minutes equally divided and controlled by the 
chairman and ranking minority member of the Committee on Banking and Financial 
Services and 45 minutes equally divided and controlled by the chairman and 
ranking minority member of the Committee on Commerce. After general debate the 
bill shall be considered for amendment under the five-minute rule. In lieu of 
the amendments 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 June 24, 1999. 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 
amendment in the nature of a substitute shall be in order except those printed 
in the report of the Committee on Rules accompanying this resolution. Each 
amendment may be offered only in the order printed in the report, may be offered 
only by a Member designated in the report, shall be considered as read, shall be 
debatable for the time specified in the report equally divided and controlled by 
the proponent and an opponent, shall not be subject to amendment, and shall not 
be subject to a demand 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 Chairman 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 amendment; and (2) reduce to five minutes 
the minimum time for electronic voting on any postponed question that follows 
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 amendment 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 substitute made in order as original text. The previous 
question shall be considered as ordered on the bill and amendments thereto to 
final passage without intervening motion except one motion to recommit with or 
without instructions.
            Attest:

                                                                          Clerk.

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