H.R.861: NSP Termination Act

Referred to the House Committee on Financial Services.

Committee Hearings Held.

Committee Consideration and Mark-up Session Held.

Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 24.

Reported (Amended) by the Committee on Financial Services. H. Rept. 112-32.

Placed on the Union Calendar, Calendar No. 16.

Supplemental report filed by the Committee on Financial Services, H. Rept. 112-32, Part II.

Rules Committee Resolution H. Res. 170 Reported to House. Rule provides for consideration of H.R. 839 and H.R. 861 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. With respect to each measure, the resolution provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill shall be considered as an original bill for the purpose of amendment and shall be considered as read.

Rule H. Res. 170 passed House.

Considered under the provisions of rule H. Res. 170.

Rule provides for consideration of H.R. 839 and H.R. 861 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measures will be considered read. Specified amendments are in order. With respect to each measure, the resolution provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill shall be considered as an original bill for the purpose of amendment and shall be considered as read.

House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 170 and Rule XVIII.

The Speaker designated the Honorable Charles F. Bass to act as Chairman of the Committee.

GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 861.

Mr. Ellison moved to rise and recommend that the enacting clause be stricken.

DEBATE - The Committee of the Whole proceeded with 10 minutes of debate on the Ellison motion to rise and recommend that the enacting clause be stricken to H.R. 861.

On motion to rise and recommend that the enacting clause be stricken Failed by recorded vote: 183 - 240 (Roll no. 182).

DEBATE - Pursuant to the provisions of H.Res. 170, the Committee of the Whole proceeded with 10 minutes of debate on the Ellison amendment number 1.

POSTPONED PROCEEDINGS - At the conclusion of debate on the Ellison amendment, the Chair put the question on the amendment and by voice vote, announced the noes had prevailed. Mr. Ellison demanded a recorded vote and the Chair postponed further proceedings on the amendment until later in the legislative day.

DEBATE - Pursuant to the provisions of H.Res. 170, the Committee of the Whole proceeded with 10 minutes of debate on the Hurt amendment number 2.

VACATED PROCEEDINGS - Mr. Ellison asked unanimous consent to vacate the proceedings by which his amendment numbered 1 printed in Part B of House Report 112-34, was postponed, to the end that the Chair put the question on the amendment de novo. Agreed to without objection.

DEBATE - Pursuant to the provisions of H.Res. 170, the Committee of the Whole proceeded with 10 minutes of debate on the Ellison amendment number 3.

DEBATE - Pursuant to the provisions of H.Res. 170, the Committee of the Whole proceeded with 10 minutes of debate on the Loretta Sanchez amendment number 4.

DEBATE - Pursuant to the provisions of H.Res. 170, the Committee of the Whole proceeded with 10 minutes of debate on the Richardson amendment number 5.

DEBATE - Pursuant to the provisions of H.Res. 170, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment number 6.

POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment, the Chair put the question on the amendment and by voice vote, announced the noes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings on the amendment until later in the legislative day.

DEBATE - Pursuant to the provisions of H.Res. 170, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment number 7.

DEBATE - Pursuant to the provisions of H.Res. 170, the Committee of the Whole proceeded with 10 minutes of debate on the Maloney amendment number 8.

POSTPONED PROCEEDINGS - At the conclusion of debate on the Maloney amendment, the Chair put the question on the amendment and by voice vote, announced the noes had prevailed. Ms. Maloney demanded a recorded vote and the Chair postponed further proceedings on the amendment until later in the legislative day.

DEBATE - Pursuant to the provisions of H.Res. 170, the Comittee of the Whole proceeded with 10 minutes of debate on the Castor amendments en bloc.

UNFINISHED BUSINESS - The Chair announced that the unfinished business was on the question of adoption of amendments which had been debated earlier and on which further proceedings were postponed.

The House rose from the Committee of the Whole House on the state of the Union to report H.R. 861.

The previous question was ordered pursuant to the rule.

Mr. Braley (IA) moved to recommit with instructions to Financial Services.

DEBATE - The House proceeded with 10 minutes of debate on the Braley (IA) motion to recommit with instructions. The instructions contained in the motion seek to report the bill back to the House with an amendment to require that states give priority emphasis and consideration to rural areas when distributing Neighborhood Stabilization Program funds that were allocated by HUD and appropriated under the Dodd-Frank Wall Street Reform and Consumer Protection Act, pending reservation of a point of order. Subsequently, the reservation was removed.

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

On motion to recommit with instructions Failed by recorded vote: 153 - 272 (Roll no. 187).

On passage Passed by recorded vote: 242 - 182 (Roll no. 188).

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

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.