H.R.10: Financial Services Act of 1999

About This Bill

Bill Summary

TABLE OF CONTENTS: Title I: Facilitating Affiliation Among Securities Firms, Insurance Companies, and Depository Institutions Subtitle A: Affiliations Subtitle B: Streamlining Supervision of Financial Holding Companies Subtitle C: Subsidiaries of National Banks Subtitle D: Wholesale Financial Holding Companies; Wholesale Financial Institutions Subtitle E: Preservation of FTC Authority Subtitle F: National Treatment Subtitle G: Federal Home...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.10.

Bill Actions

Date Description
Referred to the Committee on Banking and Financial Services, and in addition to the Committee on Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Banking and Financial Services
Referred to House Commerce
Referred to the Subcommittee on Finance and Hazardous Materials, for a period to be subsequently determined by the Chairman.
Committee Hearings Held.
Committee Hearings Held.
Committee Hearings Held.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 8.
Reported (Amended) by the Committee on Banking and Financial Services. H. Rept. 106-74, Part I.
House Committee on Commerce Granted an extension for further consideration ending not later than May 14, 1999.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
House Committee on Commerce Granted an extension for further consideration ending not later than June 11, 1999.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee (Amended) by the Yeas and Nays: 26 - 1.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Supplemental report filed by the Committee on Banking and Financial Services, H. Rept. 106-74, Part II.
House Committee on Commerce Granted an extension for further consideration ending not later than June 15, 1999.
Reported (Amended) by the Committee on Commerce. H. Rept. 106-74, Part III.
Placed on the Union Calendar, Calendar No. 105.
Rules Committee Resolution H. Res. 235 Reported to House. Rule provides for consideration of H.R. 10 with 1 hour and 30 minutes of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Makes in order the amendment in the nature of a substitute consisting of the text of the Rules Committee print dated June 24, 1999. Measure will be considered read. Specified amendments are in order.
Rule H. Res. 235 passed House.
Considered under the provisions of rule H. Res. 235.
Rule provides for consideration of H.R. 10 with 1 hour and 30 minutes of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Makes in order the amendment in the nature of a substitute consisting of the text of the Rules Committee print dated June 24, 1999. Measure will be considered read. Specified amendments are in order.
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 235 and Rule XXIII.
The Speaker designated the Honorable Jo Ann Emerson to act as Chairwoman of the Committee.
GENERAL DEBATE - The Committee of the Whole proceeded with ninety minutes of general debate on H.R. 10.
DEBATE - Pursuant to H. Res. 235, the Committee proceeded with 10 minutes of debate on the amendment.
POSTPONED PROCEEDINGS - The Chair put the question on agreeing to the amendment by voice vote and announced that the ayes had prevailed. Mr. Bentsen demanded a recorded vote and pursuant to the provisions of H. Res. 235, further proceedings on the amendment were postponed.
POSTPONED PROCEEDINGS - The Chair put the question on agreeing to the amendment by voice vote and announced that the noes had prevailed. Mr. Barr demanded a recorded vote and pursuant to the provisions of H. Res. 235, further proceedings on the amendment were postponed.
POSTPONED VOTE - The Chair put the question on agreeing to the amendment by voice vote and announced that the noes had prevailed. Mr. Cook demanded a recorded vote and pursuant to the provisions of H. Res. 235, further proceedings on the amendment were postponed.
POSTPONED PROCEEDINGS - The Chair put the question on agreeing to the amendment by voice vote and announced that the noes had prevailed. Mrs. Roukema demanded a recorded vote and pursuant to the provisions of H. Res. 235, further proceedings on the amendment were postponed.
The Chair announced that proceedings will resume on amendments that were postponed earlier in the following order: Amendment no. 1 offered by Mr. Burr, amendment no. 4 offered by Mr. Barr, amendment no. 7 offered by Mr. Cook, and amendment no. 8 offered by Mrs. Roukema.
Mr. LaFalce moved that the Committee rise..
On motion that the Committee rise. Failed by recorded vote: 179 - 232 (Roll no. 272).
POSTPONED PROCEEDINGS - The Chair put the question on agreeing to the amendment by voice vote and announced that the noes had prevailed. Mr. Bliley demanded a recorded vote and pursuant to the provisions of H. Res. 235, further proceedings on the amendment were postponed.
DEBATE - Pursuant to H. Res. 235, the Committee proceeded with 30 minutes of debate on the amendment.
POSTPONED PROCEEDINGS - The Chair put the question on agreeing to the amendment by voice vote and announced that the ayes had prevailed. Mr. Oxley demanded a recorded vote and pursuant to the provisions of H. Res. 235, further proceedings on the amendment were postponed.
The Chair announced that proceedings will resume on amendments that were postponed earlier in the following order: Amendment no. 10 offered by Mr. Bliley and amendment no. 11 offered by Mr. Oxley.
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 10.
The previous question was ordered pursuant to the rule.
The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.
Mr. Markey moved to recommit with instructions to Banking and Financial Services.
DEBATE - The House has proceeded with 10 minutes of debate on the motion to recomit with instructions.
On motion to recommit with instructions Failed by the Yeas and Nays: 198 - 232 (Roll no. 275).
On passage Passed by recorded vote: 343 - 86 (Roll no. 276).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 204.
Jan. 6, 1999

Introduced in the House by James A. Leach (R-Iowa)

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