Tuesday, February 7, 2012

3:20 P.M.
________________________________________

H.R. 3521       the Budget                                          Expedited Line-Item Veto & Rescissions Act of 2011
                        Rules

            The Committee granted, by record vote of 7 to 4, a structured rule providing one hour of general debate equally divided among and controlled by the chair and ranking minority member of the Committee on the Budget and Representative Simpson of Idaho or his designee.  The rule waives all points of order against consideration of the bill.  The rule makes in order as original text for purpose of amendment the amendment in the nature of a substitute consisting of the text of Rules Committee Print 112-12, and provides that it shall be considered as read.  The rule waives all points of order against the amendment in the nature of a substitute made in order as original text.  The rule makes in order only those amendments printed in the Rules Committee report accompanying the resolution.  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.  The rule waives all points of order against the amendments printed in the Rules Committee report.  The rule provides one motion to recommit with or without instructions.  Finally, the rule provides that it shall be in order at any time through the legislative day of February 9, 2012, for the Speaker to entertain motions that the House suspend the rules, as though under clause 1(c) of rule XV, relating to a measure addressing securities trading based on nonpublic information.