House Floor Summary

An amendment, offered by Mr. Polis, printed in House Report 115-75 to require the GAO to report to Congress one year after date of enactment the impact of the legislation on employee ownership.

DEBATE - The House proceeded with one hour of debate on H.R. 1343.

Rule provides for consideration of H.R. 1343 with 1 hour of general debate. Motion to recommit with or without instructions allowed.

Considered under the provisions of rule H. Res. 240. H.R. 1343 — "To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans."

Motion to reconsider laid on the table Agreed to without objection.

On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.

On agreeing to the resolution Agreed to by recorded vote: 238 - 177 (Roll no. 214).

On ordering the previous question Agreed to by the Yeas and Nays: 229 - 187 (Roll no. 213).

On agreeing to the resolution Agreed to by recorded vote: 234 - 184 (Roll no. 212).

On ordering the previous question Agreed to by the Yeas and Nays: 232 - 188 (Roll no. 211).

DEBATE - The House proceeded with forty minutes of debate on the Senate amendment to H.R. 353.

Mr. Smith (TX) moved that the House suspend the rules and agree to the Senate amendment.

The Speaker announced that votes on suspensions, if ordered, will be postponed until a time to be announced.

Motion to reconsider laid on the table Agreed to without objection.

On agreeing to the resolution Agreed to by recorded vote: (Roll no. 214).

On ordering the previous question Agreed to by the Yeas and Nays: (Roll no. 213).

Considered as unfinished business. H. Res. 240 — "Providing for consideration of the bill (H.R. 1343) to direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans."

UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question on ordering the previous question and adoption of H. Res. 240, which had been debated earlier and on which further proceedings had been postponed.

Motion to reconsider laid on the table Agreed to without objection.

On agreeing to the resolution Agreed to by recorded vote: (Roll no. 212).