H.R.3210: Terrorism Risk Insurance Act of 2002

Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, and the Budget, 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 Financial Services

Referred to House Ways and Means

Referred to House Budget

Committee Consideration and Mark-up Session Held.

Ordered to be Reported (Amended) by Voice Vote.

Committee Consideration and Mark-up Session Held.

Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.

Reported (Amended) by the Committee on Financial Services. H. Rept. 107-300, Part I.

House Committee on The Budget Granted an extension for further consideration ending not later than Nov. 26, 2001.

Referred sequentially to the House Committee on the Judiciary for a period ending not later than Nov. 26, 2001 for consideration of such provisions of the bill and amendment as fall within the jurisdiction of that committee pursuant to clause 1(k), rule X.

Reported (Amended) by the Committee on Ways and Means. H. Rept. 107-300, Part II.

Committee on The Budget discharged.

Committee on Judiciary discharged.

Placed on the Union Calendar, Calendar No. 181.

Rules Committee Resolution H. Res. 297 Reported to House. Rule provides for consideration of H.R. 3210 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. In lieu of the amendments recommended by the Committee on Financial Services and the Committee on Ways and Means, an amendment in the nature of a substitute consisting of the text of H.R. 3357 shall be considered as adopted. Measure will be considered read. A specified amendment is in order. The amendment in the nature of a substitute printed in the report of the Committee on Rules accompanying this resolution, if offered by Mr. LaFalce or his designee, shall be considered as read and debatable for one hour.

Rule H. Res. 297 passed House.

Considered under the provisions of rule H. Res. 297.

Rule provides for consideration of H.R. 3210 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. In lieu of the amendments recommended by the Committee on Financial Services and the Committee on Ways and Means, an amendment in the nature of a substitute consisting of the text of H.R. 3357 shall be considered as adopted. Measure will be considered read. A specified amendment is in order. The amendment in the nature of a substitute printed in the report of the Committee on Rules accompanying this resolution, if offered by Mr. LaFalce or his designee, shall be considered as read and debatable for one hour.

DEBATE - The House proceeded with one hour of debate on H.R. 3210.

DEBATE - Pursuant to the provisions of H. Res. 297, the House proceeded with one hour of debate on the LaFalce amendment in the nature of a substitute.

The previous question was ordered pursuant to the rule.

Mr. LaFalce moved to recommit with instructions to Financial Services.

Floor summary: DEBATE - The House proceeded with 10 minutes of debate, equally divided and controlled, on the LaFalce motion to recommit with instructions. The instructions contained in the motion seek to strike section 15 of the base bill, which is related to litigation management and, also to insert new provisions which prevent commercial insurers from utilizing "pass-through" methods which would result in certain costs being passed on to customers.

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

On motion to recommit with instructions Failed by recorded vote: 173 - 243 (Roll no. 463).

On passage Passed by recorded vote: 227 - 193 (Roll no. 464).

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

Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 252.

Measure laid before Senate by unanimous consent.

Senate struck all after the Enacting Clause and substituted the language of S. 2600 amended.

Passed Senate with an amendment by Unanimous Consent.

Senate insists on its amendment, asks for a conference, appoints conferees Sarbanes; Dodd; Reed; Schumer; Gramm; Shelby; Enzi.

See also S. 2600.

Message on Senate action sent to the House.

Mr. Oxley asked unanimous consent that the House disagree to the Senate amendment, and agree to a conference.

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

The Speaker appointed conferees - from the Committee on Financial Services for consideration of the House bill and the Senate amendment thereto, and modifications committed to conference: Oxley, Baker, Ney, Kelly, Shays, Fossella, Ferguson, LaFalce, Kanjorski, Bentsen, Maloney (CT), and Hooley.

The Speaker appointed conferees - from the Committee on the Judiciary for consideration of sec. 15 of the House bill and secs. 10 and 11 of the Senate amendment thereto, and modifications committed to conference: Sensenbrenner, Goodlatte, and Conyers.

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

NOTICE OF INTENT TO OFFER MOTION - Mr. Fossella notified the House of his intent to offer a motion to instruct conferees on H.R. 3210. The instructions contained in the motion seek to require the managers on the part of the House to agree to the provisions contained in section 11 of the Senate amendment, relating to satisfaction of judgements from frozen assets of terrorists, terrorist organizations, and state sponsors of terrorism.

Mr. Fossella asked unanimous consent that the House instruct conferees.

DEBATE - The House proceeded with one hour of debate on the motion to instruct conferees on H.R. 3210. The instructions contained in the motion seek to require the managers on the part of the House to agree to the provisions contained in section 11 of the Senate amendment, relating to satisfaction of judgements from frozen assets of terrorists, terrorist organizations, and state sponsors of terrorism.

POSTPONED VOTE - The Chair put the question on the motion to instruct conferees and announced that the ayes had prevailed. Mr. Fossella objected to the voice vote based on the absence of a quorum and the Chair postponed further proceedings until later in the day.

On motion that the House instruct conferees Agreed to by the Yeas and Nays: 373 - 0 (Roll no. 379).

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

Conference report H. Rept. 107-779 filed.

Rules Committee Resolution H. Res. 607 Reported to House. Rule provides for consideration of the conference report to H.R. 3210.

Conference papers: Senate report and manager's statement and message on House action held at the desk in Senate.

Rule H. Res. 607 passed House.

Mr. Oxley brought up conference report H. Rept. 107-779 for consideration under the provisions of H. Res. 607.

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

The previous question was ordered without objection.

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

On agreeing to the conference report Agreed to by voice vote.

Cloture motion on the conference report to accompany H.R. 3210 presented in Senate.

Conference report considered in Senate by Unanimous Consent.

Cloture on the conference report to accompany H.R. 3210 invoked in Senate by Yea-Nay Vote. 85 - 12. Record Vote Number: 251.

Senate agreed to conference report by Yea-Nay Vote. 86 - 11. Record Vote Number: 252.

Cleared for White House.

Message on Senate action sent to the House.

Presented to President.

Signed by President.

Became Public Law No: 107-297.