H.RES.250: Providing for consideration of the bill (H.R. 1340) to provide funding for the resolution of failed savings associations, and for other purposes.

The House Committee on Rules reported an original measure, H. Rept. 103-237, by Mr. Derrick.

Rule provides for consideration of H.R. 1340 with 1 hour of general debate. Previous question shall be considered as ordered except motion to recommit. Specified amendments are in order. In lieu of the committee amendments now printed in the bill, it shall be in order to consider as an original bill for the amendment in the nature of a substitute recommended by the Committee on Banking, Finance and Urban Affairs, as modified by the amendments printed in part 1 of H. Rept. 103-237. All points of order against the substitute, as modified, shall be waived. No other amendment shall be in order except the amendments en bloc contained in part 2 of the report. Said en bloc amendments shall be debatable for 30 minutes and not subject to further amendment. After passage of H.R. 1340, it shall be in order to move to take S. 714 from the Speaker's table, strike all after the enacting clause and insert the text of H.R....

Placed on the House Calendar, Calendar No. 85.

Considered as privileged matter.

DEBATE - The House proceeded with one hour of debate.

The previous question was ordered without objection.

On agreeing to the resolution Agreed to by the Yeas and Nays: 213 - 191, 1 Present (Roll no. 430).

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