H.R.1058: Private Securities Litigation Reform Act of 1995

Referred to the Committee on Commerce, and in addition to the Committee on the Judiciary, 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 Commerce

Referred to House Judiciary

Rules Committee Resolution H. Res. 103 Reported to House. Rule provides for consideration of H.R. 1058 with 1 hour of general debate. Previous question shall be considered as ordered except motion to recommit. Measure will be considered read. Bill is open to amendments. It shall be in order to consider the amendment printed in the reort of the Committee on Rules accompanying this resolution, if offered in the manner specified. All points of order against the amendment for failure to comply with clause 7 of rule XVI shall be waived. The bill shall be considered for amendment under the 5-minute rule, not to exceed 8 hours. The Chairman of the Committee of the Whole may accord priority in recognition on the basis of whether the amendment to be offered was printed in the Congressional Record.

Rules Committee Resolution H. Res. 105 Reported to House. Rule provides for consideration of H.R. 1058 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is open to amendments. the bill shall be considered for amendment under the 5-minute rule, not to exceed 8 hours. The Chairman of the Committee of the Whole may accord priority in recognition on the basis of whether the amendment to be offered was printed in the Congressional Record. Upon passage H. Res. 103 is laid on the table.

Rule H. Res. 105 passed House.

Considered under the provisions of rule H. Res. 105.

Rule provides for consideration of H.R. 1058 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is open to amendments. the bill shall be considered for amendment under the 5-minute rule, not to exceed 8 hours. The Chairman of the Committee of the Whole may accord priority in recognition on the basis of whether the amendment to be offered was printed in the Congressional Record. Upon passage H. Res. 103 is laid on the table.

House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 105 and Rule XXIII.

The Speaker designated the Honorable Larry Combest to act as Chairman of the Committee.

GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate.

Committee of the Whole House on the state of the Union rises leaving H.R. 1058 as unfinished business.

Considered as unfinished business.

The House resolved into Committee of the Whole House on the state of the Union for further consideration.

The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1058.

The previous question was ordered pursuant to the rule.

The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.

Mr. Markey moved to recommit with instructions to Commerce.

DEBATE - The House proceeded with ten minutes of debate on the motion to recommit the bill to the Committee on Commerce with instructions that the Committee report the bill back to the House forthwith with the Manton and Dingell amendments included in the bill.

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

On motion to recommit with instructions Failed by recorded vote: 172 - 251, 1 Present (Roll no. 215).

On passage Passed by recorded vote: 325 - 99, 1 Present (Roll no. 216).

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

The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 1058.

Received in the Senate and read twice and referred to the Committee on Banking.

Subcommittee on Securities. Hearings held.

Subcommittee on Securities. Hearings held.

Senate Committee on Banking discharged by Unanimous Consent.

Measure laid before Senate by unanimous consent.

Senate struck all after the Enacting Clause and substituted the language of S. 240 amended.

Passed Senate in lieu of S. 240 with an amendment and an amendment to the Title by Yea-Nay Vote. 69-30. Record Vote No: 295.

Message on Senate action sent to the House.

Mr. Bliley asked unanimous consent that the House disagree to the Senate amendments, and request a conference.

On motion that the House disagree to the Senate amendments, and request a conference Agreed to without objection.

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

The Speaker appointed conferees - from the Committee on Commerce for consideration of the House bill, and the Senate amendment, and modifications committed to conference: Bliley, Tauzin, Fields (TX), Cox, White, Dingell, Markey, Bryant (TX), and Eshoo.

The Speaker appointed additional conferees - from the Committee on the Judiciary for consideration of the House bill, and the Senate amendment, and modifications committed to conference: Hyde, McCollum, and Conyers.

Message on House action received in Senate and at the desk: House requests a conference.

Senate insists on its amendments agrees to request for a conference, appoints conferees D'Amato; Gramm; Bennett; Grams; Domenici; Sarbanes; Dodd; Kerry; Bryan.

Message on Senate action sent to the House.

Conferees agreed to file conference report.

Conference report H. Rept. 104-369 filed.

Conference papers: Senate report and managers' statement held at the desk in Senate.

Conference report considered in Senate. By Unanimous Consent.

Senate agreed to conference report by Yea-Nay Vote. 65-30. Record Vote No: 589.

Rules Committee Resolution H. Res. 290 Reported to House. Rule provides for consideration of the conference report to H.R. 1058. Waiving all points of ordder against the conference report and against its consideration.

Message on Senate action sent to the House.

Rule H. Res. 290 passed House.

Mr. Bliley brought up conference report H. Rept. 104-369 for consideration as a privileged matter.

DEBATE - The House proceeded with one hour of debate on the conference report.

The previous question was ordered without objection.

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

On agreeing to the conference report Agreed to by the Yeas and Nays: 320 - 102, 1 Present (Roll no. 839).

Cleared for White House.

Presented to President.

Mr. Thomas asked unanimous consent that if the Chair lays before the House a veto message from the President on the bill today, that the message of the President be spread at large upon the pages of the Journal; that the message and accompanying papers be printed as a House Document; and that further consideration of the veto message be postponed until Wednesday, December 20, 1995. Agreed to without objection.

Mr. Thomas asked unanimous consent That if the Chair lays before the House a veto message from the President on the bill H.R. 1058 today--that the objections of the President be spread at large upon the Journal and that the message and bill be ordered printed as a House Document; and that consideration of the veto message be postponed until Wednesday, December 20, 1995. Agreed to without objection.

Vetoed by President.

The Chair laid before the House the veto message from the President.

The Chair announced that the message of the President would be spread at large upon the pages of the Journal and that the veto message and the bill be printed as a House Document

DEBATE - The House proceeded with one hour of debate on question of passage of the bill, the objections of the President to the contrary notwithstanding.

Two-thirds of the Members present having voted in the affirmative the bill is passed, the objections of the President to the contrary notwithstanding. Passed by the Yeas and Nays (2/3 required): 319 - 100, 1 Present (Roll No. 870).

Veto message received in Senate. Held at the desk.

Veto message considered by Senate by Unanimous Consent.

Passed Senate over veto by Yea-Nay Vote. 68-30. Record Vote No: 612.

Message on Senate action sent to the House.

Became Public Law No: 104-67.