H.RES.379: Providing for further consideration of the bill (H.R. 627) to amend the Truth in Lending Act to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan, and for other purposes.

The House Committee on Rules reported an original measure, H. Rept. 111-92, by Mr. Perlmutter.

It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill. All points of order against the committee amendment in the nature of a substitute are waived except those arising under clause 10 of rule XXI.

Placed on the House Calendar, Calendar No. 49.

Considered as privileged matter.

DEBATE - The House proceeded with one hour of debate on H. Res. 379.

The previous question was ordered without objection.

POSTPONED PROCEEDINGS - At the conclusion of debate on H.Res. 379, the Chair put the question on adoption of H.Res. 379, and by voice vote announced that the yeas had prevailed. Mr Sessions demanded the yeas and nays, and the Chair postponed further proceedings on adoption of the resolution until later in the legislative day.

Considered as unfinished business.

On agreeing to the resolution Agreed to by the Yeas and Nays: 249 - 175 (Roll no. 224).

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