H.R. 37—Promoting Job Creation and Reducing Small Business Burdens Act
H.R. 37 - Promoting Job Creation and Reducing Small Business Burdens Act
Hearing Information
Meeting Information
Monday, January 12, 2015 - 5:00pm in H-313 The Capitol View Announcement »
Video
Bill Text
Promoting Job Creation and Reducing Small Business Burdens Act (as introduced)
Hearing Documents
Rule PDF
H. Rept. 114-2PDF
Rule Information
COMMITTEE ACTION:
REPORTED BY RECORD VOTE of 7-3 on Monday, January 12, 2015.
FLOOR ACTION ON H. RES. 27:
Agreed to by record vote of 242-180, after agreeing to the previous question by record vote of 242-181, on Tuesday, January 13, 2015.
MANAGERS: Sessions/Polis
1. Closed rule for H.R. 37.
2. Provides one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services.
3. Waives all points of order against consideration of the bill.
4. Provides that the bill shall be considered as read.
5. Waives all points of order against provisions in the bill.
6. Provides one motion to recommit.
7. Structured rule for H.R. 185.
8. Provides one hour of general debate equally divided and controlled by the chair and ranking minority member of the Committee on the Judiciary.
9. Waives all points of order against consideration of the bill and provides that it shall be considered as read.
10. Waives all points of order against provisions in the bill.
11. Makes in order only those amendments printed in part A of the Rules Committee report. Each such amendment may be offered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question.
12. Waives all points of order against the amendments printed in part A of the report.
13. Provides one motion to recommit with or without instructions.
14. Structured rule for H.R. 240.
15. Provides two hours of general debate equally divided and controlled by the chair and ranking minority member of the Committee on Appropriations.
16. Waives all points of order against consideration of the bill and provides that it shall be considered as read.
17. Waives all points of order against provisions in the bill.
18. Makes in order only those amendments printed in part B of the Rules Committee report. Each such amendment may be offered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question.
19. Waives all points of order against the amendments printed in part B of the report.
20. Provides one motion to recommit with or without instructions.
21. Section 4 provides that the chair of the Committee on Appropriations may insert in the Congressional Record not later than January 14, 2015, such material as he may deem explanatory of H.R. 240.
Amendments (click each header to sort table ▲▼ by that column)
| # | Version | Sponsor(s) | Party | Summary | Status |
|---|---|---|---|---|---|
| # | Version | Capuano (MA) | Democra | Requires issuers making an annual filing with the SEC to disclose all political campaign contributions since the last filing | Submitted |
| # | Version | Ellison (MN), Issa (CA), Polis (CO | Bi-Partisa | Strikes Title VII | Submitted |
| # | Version | Ellison (MN) | Democra | Requires the Securities and Exchange Commission to issue final rules within 60 days of passage that implement section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act requiring disclosure of the ratio of CEO pay to the median worker in a publicly-traded firm. | Submitted |
| #1 | Version | Ellison (MN), Grijalva (AZ | Democra | SUBSTITUTE Ends sequestration by repealing all discretionary spending caps established in the Budget Control Act | Submitted |
| #1 | Version | Grijalva (AZ) | Democra | Restores Dodd-Frank Section 716 provisions to prevent taxpayer-insured banks from making risky trades in derivatives markets | Submitted |
| # | Version | Kildee (MI), Capuano (MA | Democra | Conditions the implementation of Title VIII (extending the conformance period for the divestment of collateralized loan obligations) on a finding by regulators that such an extension is necessary or appropriate | Submitted |
| #1 | Version | Kuster, Ann (NH) | Democra | Strikes Title VIII of the bill | Submitted |
| # | Version | Lynch (MA) | Democra | Strikes Title XI in order to keep section 230.701(e) of the Code of Federal Regulations at its current level of $5,000,000 | Submitted |
| # | Version | Lynch (MA) | Democra | Requires an issuer availing itself of the exemption under section 230.701(e) of the Code of Federal Regulations to provide employees an estimate of the cash value of the compensation that was the subject of the exempted transaction and a justification for that estimated value on the date of the transaction and at least annually thereafter. | Submitted |
| # | Version | Lynch (MA) | Democra | Provides that an end user cannot claim an exception under subparagraph (A) if it is affiliated with a nonbank financial company that is required to register with the Board of Governors of the Federal Reserve System pursuant to section 114 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. | Submitted |
| # | Version | Lynch (MA) | Democra | Requires banking entities or nonbank financial companies to comply with the requirements of subsection (a)(1)(B) or any applicable rules relating to subsection (a)(1)(B) no later than July 21, 2017 | Submitted |
| # | Version | Lynch (MA) | Democra | Requires an issuer availing itself of the exemption under section 230.701(e) of the Code of Federal Regulations to provide employees an estimate of the cash value of the compensation that was the subject of the exempted transaction and a justification for that estimated value on the date of the transaction and at least annually thereafter. Furthermore, the Amendment permits the applicable employee to sell the securities back to the issuer at the estimated value after 90 days. | Submitted |
| #1 | Version | Sherman (CA) | Democra | Strikes section 8 of the legislatio | Submitted |
| #1 | Version | Waters (CA) | Democra | Provides the SEC with the authority to collect user fees to enable the examination of investment advisors, which would only fund those exams completed beyond the threshold completed in fiscal year 2012 | Submitted |
Committee Votes
Rules Committee Record Vote No. 9
Motion by Mr. Polis to add a section to the resolution that requires the House to consider a bill consisting of the text of H.R. 15 from the last Congress, the bipartisan, Senate-passed comprehensive immigration reform bill. Defeated: 3-7
Rules Committee Record Vote No. 10
Motion by Mr. Polis to amend the rule to H.R. 37 to make in order and provide the appropriate waivers for amendment #8, offered by Rep. Ellison (MN), Rep. Issa (CA), and Rep. Polis (CO), which strikes Title VII. Defeated: 3-7
Rules Committee Record Vote No. 11
Motion by Ms. Foxx to report the rule. Adopted: 7-3