Friday, May 17, 2013

HOUSE OF REPRESENTATIVES ACTIONS 05/17/2013


DAILY FLOOR WRAP UP

May 17, 2013

SUMMARY OF LEGISLATIVE BUSINESS

Ordering the Previous Question on H. Res. 216 — "Providing for consideration of the bill (H.R. 1062) to improve the consideration by the Securities and Exchange Commission of the costs and benefits of its regulations and orders." – ADOPTED 222 - 181

H. Res. 216 — "Providing for consideration of the bill (H.R. 1062) to improve the consideration by the Securities and Exchange Commission of the costs and benefits of its regulations and orders." – ADOPTED 223 – 180

Sessions (R-TX) Amendment No.1 –Mandates that assessment plans required under this Act include analysis of any jobs added or lost as a result of the regulation, differentiating between public and private sector jobs. – ADOPTED BY VOICE


Hurt (R-VA) Amendment No.2 – Expresses the sense of Congress that rules adopted by the Public Company Accounting Oversight Board (PCAOB) comply with the same standards required of the SEC. Requires the SEC to ensure that any rules adopted by the Municipal Securities Rulemaking Board (MSRB), and other national securities associations comply with the standards set forth in the bill. – ADOPTED 233 – 163

Maloney (D-NY) Amendment No. 3 – Strikes all after the enacting clause and inserts findings and a sense of Congress that the SEC is already required to conduct economic analysis as part of its rulemaking. – REJECTED 165 – 233

Democrat Motion to Recommit – FAILED 179 – 217

Final Passage of H.R. 1062 — "To improve the consideration by the Securities and Exchange Commission of the costs and benefits of its regulations and orders." – PASSED 235 – 161   

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