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- H.R.5011
H.R.5011: Military Personnel Financial Services Protection Act
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about congress
- Introduced Sept. 7, 2004
- Latest Major Action Oct. 6, 2004
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (1 Democrat, 8 Republicans)
Bill Summary
Military Personnel Financial Services Protection Act - (Sec. 3) Amends the Investment Company Act of 1940 to make it unlawful: (1) for any registered investment company to issue any periodic payment plan certificate; or (2) for such company or any depositor or underwriter of such company, or other person, to sell such a certificate. States that existing certificates are not invalidated. Directs the Securities and Exchange Commission (SEC) to...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
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Referred to the House Committee on Financial Services.
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Committee Consideration and Mark-up Session Held.
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Ordered to be Reported (Amended) by the Yeas and Nays: 68 - 0.
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Reported (Amended) by the Committee on Financial Services. H. Rept. 108-725.
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Placed on the Union Calendar, Calendar No. 445.
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Mr. Baker moved to suspend the rules and pass the bill, as amended.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 5011.
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At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
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Considered as unfinished business.
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On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 396 - 2 (Roll no. 496).
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Sept. 7, 2004 |
Introduced in the House by Max Burns (R-Ga.) |