House Floor Summary

On passage Passed by the Yeas and Nays: 245 - 171 (Roll no. 78).

On passage Passed by the Yeas and Nays: 271 - 145 (Roll no. 77).

On motion to recommit with instructions Failed by the Yeas and Nays: 189 - 228 (Roll no. 76).

ONE MINUTE SPEECHES - The House proceeded with further one minute speeches.

Mr. Fitzpatrick asked unanimous consent that when the House adjourns today, it adjourn to meet at 9:00 a.m. on February 15. Agreed to without objection.

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

Considered as unfinished business. H.R. 3299 — "To amend the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to require the rate of interest on certain loans remain unchanged after transfer of the loan, and for other purposes."

UNFINISHED BUSINESS - The Chair announced that the unfinished business was on passage of H.R. 3299, which had been debated earlier and on which further proceedings had been postponed.

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

The previous question on the motion to recommit with instructions was ordered without objection.

DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions, pending the reservation of a point of order.The instructions contained in the motion seek to require the bill to be reported back with an amendment to extend exemptions to include companies that have claw back policies that require any executive officer incentive-based compensation to be clawed-back in the event that the issuer is required to prepare an accounting restatement due to the material noncompliance of the issuer with any financial reporting requirement under the securities laws, regardless of whether such compensation was paid to an officer who was a party to the actions that resulted in such restatement. Subsequently, the point of order was removed.

Mr. Capuano moved to recommit with instructions to the Committee on Financial Services.

On agreeing to the Foster amendment; Agreed to by voice vote.

The previous question was ordered on the bill and amendment pursuant to the rule.

DEBATE - Pursuant to the provisions of H. Res. 736, the House proceeded with 10 minutes of debate on the Foster amendment No. 1.

An amendment, offered by Mr. Foster, numbered 1 printed in Part C of Report 115-559 to clarify that the requirement applies only to proprietary source code related to algorithmic trading, which contains prescriptive information.

DEBATE - The House proceeded with one hour of debate on H.R. 3978.

Provides for consideration of H.R. 620 and H.R. 3978 under structured rules and H.R. 3299 under a closed rule. Each bill shall be debatable for one hour. The resolution provides for proceedings during the period of February 16, 2018 through February 23, 2018.

Considered under the provisions of rule H. Res. 736. H.R. 3978 — "To amend the Real Estate Settlement Procedures Act of 1974 to modify requirements related to mortgage disclosures, and for other purposes."

POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 3299, the Chair put the question on passage of the bill, and by voice vote announced the ayes had prevailed. Mr. Hensarling demanded the yeas and nays, and the Chair postponed further proceedings on the question of passage until later in the legislative day.