H.RES.1424: Providing for consideration of the bill (H.R. 5072) to improve the financial safety and soundness of the FHA mortgage insurance program, and providing for consideration of motions to suspend the rules.

The House Committee on Rules reported an original measure, H. Rept. 111-503, by Mr. Perlmutter.

The resolution waives all points of order against consideration of the bill except those arising under clause 9 or 10 of rule XXI. The resolution also provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services shall be considered as an original bill for the purpose of amendment. The Chair may entertain a motion that the Committee rise only if offered by the chair of the Committee on Financial Services or a designee. The Chair may not entertain a motion to strike out the enacting words of the bill. The resolution authorizes the Speaker to entertain motions that the House suspend the rules at any time through the legislative day of June 11, 2010.

Placed on the House Calendar, Calendar No. 202.

Considered as privileged matter.

DEBATE - The House proceeded with one hour of debate on H. Res. 1424.

On ordering the previous question Agreed to by the Yeas and Nays: 230 - 180 (Roll no. 339).

On agreeing to the resolution Agreed to by recorded vote: 239 - 172 (Roll no. 340).

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