H.Res. 1103: H.R. 2634 - Jubilee Act for Responsible Lending and Expanded Debt Cancellation of 2007

COMMITTEE ACTION: REPORTED BY VOICE VOTE on Monday April 14, 2008.
FLOOR ACTION: ADOPTED BY RECORD VOTE 220-190 AFTER AGREEING TO THE PREVIOUS QUESTION BY RECORD VOTE 217-196 on Wednesday April 16, 2008.

MANAGERS: Welch/Sessions 

110th Congress 
2nd Session

H.RES. 1103

[Report No. 110-586]

 

 

H.R. 2634 - Jubilee Act for Responsible Lending and Expanded Debt Cancellation of 2007
 

  1. Structured rule.
  2. Provides one hour of general debate equally divided and controlled by the Chairman and Ranking Minority Member of the Committee on Financial Services.
  3. Waives all points of order against consideration of the bill except for clauses 9 and 10 of rule XXI.
  4. Provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services, now printed in the bill, shall be considered as an original bill for the purpose of amendment and shall be considered as read.
  5. Waives all points of order against the amendment in the nature of a substitute except for clause 10 of rule XXI. This waiver does not affect the point of order available under clause 9 of rule XXI (regarding earmark disclosure).
  6. No amendments shall be in order except those amendments printed in the Rules Committee report accompanying the resolution.
  7. Provides that the amendments made in order 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.
  8. Waives all points of order against the amendments printed in the report except for clauses 9 and 10 of rule XXI.
  9. Provides one motion to recommit with or without instructions.
  10. Provides that, notwithstanding the operation of the previous question, the Chair may postpone further consideration of the bill to a time designated by the Speaker.

—————

RESOLUTION

            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. 2634) to provide for greater responsibility in lending and expanded cancellation of debts owed to the United States and the international financial institutions by low-income countries, 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 except those arising under clause 9 or 10 of rule XXI.  General debate shall be confined to the bill and shall not exceed one hour equally divided and controlled by the chairman and ranking minority member of the Committee on Financial Services.  After general debate the bill shall be considered for amendment under the five-minute rule.  It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.  The committee amendment in the nature of a substitute shall be considered as read.  All points of order against the committee amendment in the nature of a substitute are waived except those arising under clause 10 of rule XXI.  Notwithstanding clause 11 of rule XVIII, no amendment to the committee 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 such 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 such amendments are waived except those arising under clause 9 or 10 of rule XXI.  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 committee amendment in the nature of a substitute.  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.

            Sec. 2.  During consideration in the House of H.R. 2634 pursuant to this resolution, notwithstanding the operation of the previous question, the Chair may postpone further consideration of the bill to such time as may be designated by the Speaker.

SUMMARY OF AMENDMENTS MADE IN ORDER

(summaries derived from information provided by sponsors)

*select the name of the amendment sponsor to retrieve amendment text in .pdf format.

1. Frank (MA)/Bachus (AL)/Biggert (AL):

Manager's Amendment. The amendment makes various technical corrections within the bill’s “Findings” section, and adds under the eligibility criteria the requirement that a country must also be complying with minimum standards for eliminating human trafficking; cooperating with American efforts to stop illegal immigration to the ; and be committed to free and fair elections.

 (10 minutes)

2. Rohrabacher (CA):

The amendment adds a provision to Section 1626, defining an "eligible low-income country" to include that the government shall have been chosen by, and permits, free elections.

 (10 minutes)

3. Hastings (FL):

The amendment adds a Sense of the Congress that, due to the current humanitarian and political instability in Haiti, including food shortages and political turmoil, the Secretary of the Treasury should use his influence to expedite the complete and immediate cancellation of Haiti’s debts to all international financial institutions, or if such debt cancellation cannot be provided, to urge the institutions to immediately suspend the requirement that Haiti make further debt service payments on debts owed to the institutions.

 (10 minutes)

4. Weiner (NY):

The amendment modifies the qualification for "eligible low-income country" to include those countries that are eligible for both International Development Association loans and World Bank loans.

 (10 minutes)