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CURRENT HOUSE FLOOR PROCEEDINGS
LEGISLATIVE DAY OF JULY 31, 2009
111TH CONGRESS – FIRST SESSION
- 5:54 P.M. –
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On motion to adjourn
Agreed to by voice vote.
The House adjourned pursuant to
H. Con. Res. 172.
The next
meeting is scheduled for 2:00 p.m. on September 8, 2009.
Mr. King (IA) moved that the House do now adjourn.
- 2:36 P.M. –
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SPECIAL ORDER SPEECHES – The House has resumed Special Order
speeches.
- 2:35 P.M. –
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The House received a message from the Senate. The Senate
agreed to H.Con.Res. 172.
- 2:27 P.M. –
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SPECIAL ORDER SPEECHES – The House has concluded all
anticipated legislative business and has proceeded to
Special Order speeches.
- 2:26 P.M. –
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The House received a communication from Honorable James L.
Oberstar. Mr. Oberstar notified the House that on July 30,
2009, the Committee on Transportation and Infrastructure met
in open session to consider three resolutions for the U.S.
Army Corps of Engineers, in accordance with 33 U.S.C. 542.
The resolutions authorize Corps surveys (or studies) of
water resources needs and possible solutions. The Committee
adopted the resolutions by voice vote with a quorum present.
- 2:17 P.M. –
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ONE MINUTE SPEECHES – The House proceeded with further one
minute speeches.
- H. Res. 513:
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supporting the goals and purpose of Gold Star Mothers Day,
which is observed on the last Sunday in September of each
year in remembrance of the supreme sacrifice made by mothers
who lose a son or daughter serving in the Armed Forces
- 2:16 P.M. –
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Motion to reconsider laid on the table
Agreed to without objection.
On agreeing to the resolution
Agreed to without objection.
- 2:15 P.M. –
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Considered by unanimous consent.
Mr. Clay asked unanimous consent to discharge from
committee and consider.
- H.J. Res. 12:
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expressing support for designation of September 2009 as
“Gospel Music Heritage Month” and honoring gospel music for
its valuable and longstanding contributions to the culture
of the United States
Motion to reconsider laid on the table
Agreed to without objection.
On passage
Passed without objection.
Considered by unanimous consent.
- H. Res. 662:
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supporting the goals and ideals of “National Save for
Retirement Week”, including raising public awareness of the
various tax-preferred retirement vehicles as important tools
for personal savings and retirement financial security
Motion to reconsider laid on the table
Agreed to without objection.
On agreeing to the resolution
Agreed to without objection.
- H.J. Res. 12:
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expressing support for designation of September 2009 as
“Gospel Music Heritage Month” and honoring gospel music for
its valuable and longstanding contributions to the culture
of the United States
Mr. Clay asked unanimous consent to discharge from
committee and consider.
- H. Res. 662:
-
supporting the goals and ideals of “National Save for
Retirement Week”, including raising public awareness of the
various tax-preferred retirement vehicles as important tools
for personal savings and retirement financial security
Considered by unanimous consent.
Mr. Cohen asked unanimous consent to discharge from
committee and consider.
- S.J. Res. 19:
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granting the consent and approval of Congress to amendments
made by the State of Maryland, the Commonwealth of Virginia,
and the District of Columbia to the Washington Metropolitan
Area Transit Regulation Compact
- 2:14 P.M. –
-
Motion to reconsider laid on the table
Agreed to without objection.
On passage
Passed without objection.
- 2:13 P.M. –
-
Considered by unanimous consent.
Mr. Cohen asked unanimous consent to discharge from
committee and consider.
- 2:12 P.M. –
-
Mr. Cohen filed a report from the Committee on Judiciary
on
H. Res. 636.
- H.R. 2913:
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to designate the United States courthouse located at 301
Simonton Street in Key West, Florida, as the “Sidney M.
Aronovitz United States Courthouse”
- 2:11 P.M. –
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Motion to reconsider laid on the table
Agreed to without objection.
On passage
Passed without objection.
- 2:10 P.M. –
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Mr. Oberstar asked unanimous consent to consider in the
House.
Considered by unanimous consent.
- H. Con. Res. 171:
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authorizing the use of the Capitol Grounds for an event to
honor military personnel who have died in service to the
United States and to acknowledge the sacrifice of the
families of those individuals as part of the National
Weekend of Remembrance
Motion to reconsider laid on the table
Agreed to without objection.
On agreeing to the resolution
Agreed to without objection.
- 2:09 P.M. –
-
Considered by unanimous consent.
Mr. Oberstar asked unanimous consent to discharge from
committee and consider.
- H.R. 3269:
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to amend the Securities Exchange Act of 1934 to provide
shareholders with an advisory vote on executive compensation
and to prevent perverse incentives in the compensation
practices of financial institutions
Motion to reconsider laid on the table
Agreed to without objection.
On passage
Passed by recorded vote: 237 – 185
(Roll no. 686).
- 2:02 P.M. –
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On motion to recommit with instructions
Failed by recorded vote: 178 – 244
(Roll no. 685).
- 1:40 P.M. –
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DEBATE – The House proceeded with 10 minutes of debate on
the Sessions motion to recommit with instructions. The
instructions contained in the motion seek to report the same
back to the House with an amendment to instruct the Security
Exchange Commission to identify all persons or entities
engaged in activities to influence a vote.
- 1:39 P.M. –
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Mr. Sessions moved to recommit with instructions to
Appropriations.
-
- 1:38 P.M. –
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On agreeing to the Garrett (NJ) amendment
Failed by recorded vote: 179 – 244
(Roll no. 684).
- 1:30 P.M. –
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On agreeing to the Frank (MA) amendment as modified
Agreed to by recorded vote: 242 – 178
(Roll no. 683).
- 1:25 P.M. –
-
Considered as unfinished business.
UNFINISHED BUSINESS – The Chair announced that the
unfinished business was the question of adoption of
amendments which had been debated earlier and on which
further proceedings had been postponed.
- H.R. 3435:
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making supplemental appropriations for fiscal year 2009
for the Consumer Assistance to Recycle and Save Program
On motion to suspend the rules and pass the bill
Agreed to by the Yeas and Nays: (2/3 required): 316 – 109,
2 Present
(Roll no. 682).
Motion to reconsider laid on the table
Agreed to without objection.
- 12:13 P.M. –
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DEBATE – The House proceeded with forty minutes of debate on
H.R. 3435.
Considered under suspension of the rules.
Mr. Obey moved to suspend the rules and pass the bill.
- 12:11 P.M. –
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SUSPENSION AUTHORITY – Mr. Perlmutter asked unanimous
consent that it be in order to entertain a motion to suspend
the rules on Friday, July 31, 2009, with respect to the
consideration of
H.R. 3435.
Agreed to without objection.
- H.R. 3269:
-
to amend the Securities Exchange Act of 1934 to provide
shareholders with an advisory vote on executive compensation
and to prevent perverse incentives in the compensation
practices of financial institutions
- 11:55 A.M. –
-
POSTPONED PROCEEDINGS – At the conclusion of debate on the
Garrett (NJ) amendment, the Chair put the question on
adoption of the amendment and by voice vote announced that
the noes had prevailed. Mr. Garrett (NJ) demanded a recorded
vote and the Chair postponed further proceedings on adoption
of the amendment until later in the legislative day.
- 11:44 A.M. –
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DEBATE – Mr. Garrett (NJ) asked unanimous consent that
debate on the Garrett (NJ) amendment in the nature of a
substitute be extended by 10 minutes, equally divided and
controlled. Agreed to without objection.
- 11:08 A.M. –
-
DEBATE – Pursuant to the provisions of H.Res. 697, the House
proceeded with 30 minutes of debate on the Garrett (NJ)
amendment in the nature of a substitute.
Amendment in the nature of a substitute offered
by Mr. Garrett (NJ).
-
An amendment in the nature of a substitute numbered 2
printed in House Report 111-237 to insert a complete new
text entitled “Corporate and Financial Institution Compensation
Fairness Act of 2009”.
- 11:07 A.M. –
-
POSTPONED PROCEEDINGS – At the conclusion of debate on the
Frank (MA) amendment, the Chair put the question on adoption
of the amendment and by voice vote announced that the ayes
had prevailed. Mr. Price (GA) demanded a recorded vote and
the Chair postponed further proceedings on adoption of the
amendment until later in the legislative day.
- 11:05 A.M. –
-
Frank (MA) amendment modified by unanimous consent.
The amendment, as modified, inserts new text into the
“Limitation” provision. The provision is modified to read: ยข
(f)Limitation- No regulation promulgated pursuant to this
section shall be allowed to require the recovery of
incentive-basedcompensation under compensation arrangements
in effect on the date of enactment of this Act, provided
such compensation agreements are for a period of no more
than 24 months. Nothing in this Act shall prevent or limit
the recovery of incentive-based compensation under any other
applicable law.
- 10:56 A.M. –
-
DEBATE – Pursuant to the provisions of H.Res. 697, the House
proceeded with 10 minutes of debate on the Frank (MA)
amendment.
Amendment offered by Mr. Frank (MA).
-
An amendment numbered 1 printed in House Report 111-237
to strike language prohibiting clawbacks of executive
compensation approved by shareholders and insert language
prohibiting rules of financial regulators from requiring
recovery of incentive-based pay under arrangements in
effect on the date of enactment.
- 9:58 A.M. –
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DEBATE – The House resumed debate on
H.R. 3269.
- 9:57 A.M. –
-
The House received a message from the Senate. The Senate
passed
H.R. 3357.
- H.R. 3269:
-
to amend the Securities Exchange Act of 1934 to provide
shareholders with an advisory vote on executive compensation
and to prevent perverse incentives in the compensation
practices of financial institutions
- 9:47 A.M. –
-
DEBATE – The House proceeded with one hour of debate on
H.R. 3269.
- 9:46 A.M. –
-
Rule provides for consideration of
H.R. 3269
with 1 hour of
general debate. Previous question shall be considered as
ordered without intervening motions except motion to
recommit with or without instructions. Measure will be
considered read. Specified amendments are in order. All
points of order against consideration of the bill are waived
except those arising under clause 9 or 10 of rule XXI. The
amendment in the nature of a substitute recommended by the
Committee on Financial Services now printed in the bill
shall be considered as adopted. All points of order against
provisions of the bill, as amended, are waived.
Considered under the provisions of rule
H. Res. 697.
- H. Res. 697:
-
providing for consideration of the bill (
H.R. 3269)
to
amend the Securities Exchange Act of 1934 to provide shareholders
with an advisory vote on executive compensation and to
prevent perverse incentives in the compensation practices
of financial institutions
- 9:44 A.M. –
-
Motion to reconsider laid on the table
Agreed to without objection.
On agreeing to the resolution
Agreed to by voice vote.
The previous question was ordered without objection.
- 9:27 A.M. –
-
DEBATE – The House proceeded with one hour of debate on
H. Res. 697.
- 9:26 A.M. –
-
Considered as privileged matter.
- 9:13 A.M. –
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ONE MINUTE SPEECHES – The House proceeded with one minute
speeches which by direction of the Chair, would be limited
to 5 per side of the aisle.
- 9:11 A.M. –
-
PLEDGE OF ALLEGIANCE – The Chair designated Mr. Wilson
of SC to lead the Members in reciting the Pledge of
Allegiance to the Flag.
The Speaker announced approval of the Journal. Pursuant
to clause 1, rule I, the Journal stands approved.
- 9:10 A.M. –
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Today’s prayer was offered by Reverend Dr. Ivan Raley,
First Baptist Church, Byrdstown, TN
- 9:00 A.M. –
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The House convened, starting a new legislative day.
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