Report text available as:

  • TXT
  • PDF   (PDF provides a complete and accurate display of this text.) Tip ?
 
 
115th Congress     }                               {          Report
                        HOUSE OF REPRESENTATIVES
 2d Session        }                               {          115-518
======================================================================

 
    PROVIDING FOR CONSIDERATION OF THE BILL (H.R. 3326) TO INCREASE 
     ACCOUNTABILITY, COMBAT CORRUPTION, AND STRENGTHEN MANAGEMENT 
EFFECTIVENESS AT THE WORLD BANK, AND PROVIDING FOR CONSIDERATION OF THE 
 BILL (H.R. 2954) TO AMEND THE HOME MORTGAGE DISCLOSURE ACT OF 1975 TO 
SPECIFY WHICH DEPOSITORY INSTITUTIONS ARE SUBJECT TO THE MAINTENANCE OF 
RECORDS AND DISCLOSURE REQUIREMENTS OF SUCH ACT, AND FOR OTHER PURPOSES

                                _______
                                

  January 16, 2018.--Referred to the House Calendar and ordered to be 
                                printed

                                _______
                                

                Mr. Buck, from the Committee on Rules, 
                        submitted the following

                              R E P O R T

                       [To accompany H. Res. 693]

    The Committee on Rules, having had under consideration 
House Resolution 693, by a record vote of 8 to 4, report the 
same to the House with the recommendation that the resolution 
be adopted.

                SUMMARY OF PROVISIONS OF THE RESOLUTION

    The resolution provides for consideration of H.R. 3326, the 
World Bank Accountability Act of 2017, under a structured rule. 
The resolution provides one hour of general debate equally 
divided and controlled by the chair and ranking minority member 
of the Committee on Financial Services. The resolution waives 
all points of order against consideration of the bill. The 
resolution makes in order as original text for the purpose of 
amendment the amendment in the nature of a substitute 
recommended by the Committee on Financial Services now printed 
in the bill and provides that it shall be considered as read. 
The resolution waives all points of order against the amendment 
in the nature of a substitute. The resolution makes in order 
only those further amendments printed in part A of this report. 
Each such amendment may be offered only in the order printed in 
this report, may be offered only by a Member designated in this 
report, shall be considered as read, shall be debatable for the 
time specified in this 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 in the House or in the Committee of the Whole. The 
resolution waives all points of order against the amendments 
printed in part A of this report. The resolution provides one 
motion to recommit with or without instructions.
    Section 2 of the resolution provides for consideration of 
H.R. 2954, the Home Mortgage Disclosure Adjustment Act, under a 
closed rule. The resolution provides one hour of debate equally 
divided and controlled by the chair and ranking minority member 
of the Committee on Financial Services. The resolution waives 
all points of order against consideration of the bill. The 
resolution provides that the amendment in the nature of a 
substitute recommended by the Committee on Financial Services 
now printed in the bill, modified by the amendment printed in 
part B of this report, shall be considered as adopted and the 
bill, as amended, shall be considered as read. The resolution 
waives all points of order against provisions in the bill, as 
amended. The resolution provides one motion to recommit with or 
without instructions.

                         EXPLANATION OF WAIVERS

    Although the resolution waives all points of order against 
consideration of H.R. 3326, the Committee is not aware of any 
points of order. The waiver is prophylactic in nature.
    The waiver of all points of order against the amendment in 
the nature of a substitute to H.R. 3326 made in order as 
original text includes a waiver of clause 7 of rule XVI, which 
requires that no motion or proposition on a subject different 
from that under consideration shall be admitted under color of 
amendment.
    Although the resolution waives all points of order against 
the amendments to H.R. 3326 printed in part A of this report, 
the Committee is not aware of any points of order. The waiver 
is prophylactic in nature.
    Although the resolution waives all points of order against 
consideration of H.R. 2954, the Committee is not aware of any 
points of order. The waiver is prophylactic in nature.
    Although the resolution waives all points of order against 
provisions in H.R. 2954, as amended, the Committee is not aware 
of any points of order. The waiver is prophylactic in nature.

                            COMMITTEE VOTES

    The results of each record vote on an amendment or motion 
to report, together with the names of those voting for and 
against, are printed below:

Rules Committee record vote No. 175

    Motion by Ms. Slaughter to make in order and provide the 
appropriate waivers to amendment #5, offered by Rep. Moore 
(WI), which strikes provisions that condition disbursement of 
U.S. funds to IDA for next 6 years and replaces with 
instructions to Secretary of Treasury to use the ``voice and 
vote'' of the U.S. at the Bank to promote all policy reforms 
contained in legislation. Defeated: 4-8

----------------------------------------------------------------------------------------------------------------
                Majority Members                      Vote               Minority Members               Vote
----------------------------------------------------------------------------------------------------------------
Mr. Cole........................................          Nay   Ms. Slaughter.....................          Yea
Mr. Woodall.....................................          Nay   Mr. McGovern......................          Yea
Mr. Burgess.....................................          Nay   Mr. Hastings of Florida...........          Yea
Mr. Collins.....................................          Nay   Mr. Polis.........................          Yea
Mr. Byrne.......................................          Nay
Mr. Newhouse....................................          Nay
Mr. Buck........................................          Nay
Ms. Cheney......................................  ............
Mr. Sessions, Chairman..........................          Nay
----------------------------------------------------------------------------------------------------------------

Rules Committee record vote No. 176

    Motion by Mr. Cole to report the rule. Adopted: 8-4

----------------------------------------------------------------------------------------------------------------
                Majority Members                      Vote               Minority Members               Vote
----------------------------------------------------------------------------------------------------------------
Mr. Cole........................................          Yea   Ms. Slaughter.....................          Nay
Mr. Woodall.....................................          Yea   Mr. McGovern......................          Nay
Mr. Burgess.....................................          Yea   Mr. Hastings of Florida...........          Nay
Mr. Collins.....................................          Yea   Mr. Polis.........................          Nay
Mr. Byrne.......................................          Yea
Mr. Newhouse....................................          Yea
Mr. Buck........................................          Yea
Ms. Cheney......................................  ............
Mr. Sessions, Chairman..........................          Yea
----------------------------------------------------------------------------------------------------------------

     SUMMARY OF THE AMENDMENTS TO H.R. 3326 IN PART A MADE IN ORDER

    1. Norman (SC): Modifies a Treasury reporting requirement 
to ensure that the World Bank is promoting reduction of 
government barriers to entrepreneurship as an important 
component of poverty reduction. (10 minutes)
    2. Connolly (VA): Requires a report on steps taken by the 
World Bank to ensure G-5 visa holders (foreign domestic 
workers) employed by World Bank diplomats and staff are 
informed of the protections afforded to them pursuant to the 
William Wilberforce Trafficking Victims Protection 
Reauthorization Act. (10 minutes)
    3. Barr (KY): Makes U.S. opposition to IDA assistance for a 
foreign government mandatory if the government knowingly fails 
to enforce UN Security Council sanctions against North Korea. 
The amendment includes Presidential waiver authority. (10 
minutes)

 SUMMARY OF THE AMENDMENT TO H.R. 2954 IN PART B CONSIDERED AS ADOPTED

    Emmer (MN): Reduces the amount of money that the SEC can 
deposit in its ``Reserve Fund'' to a maximum of $48 million for 
the current fiscal year (FY 18) and directs any amounts that 
exceed that limitation must be transferred from the SEC to the 
Treasury General Fund. The amendment fully offsets CBO's 
estimated $1 million cost of H.R. 2954.

         PART A--TEXT OF AMENDMENTS TO H.R. 3326 MADE IN ORDER

    1. An Amendment To Be Offered by Representative Norman of South 
           Carolina or His Designee, Debatable for 10 Minutes

  Page 6, line 2, after ``economic freedom'' insert ``, 
including reduction of government barriers to 
entrepreneurship,''.
                              ----------                              


2. An Amendment To Be Offered by Representative Connolly of Virginia or 
                 His Designee, Debatable for 10 Minutes

  Page 7, line 22, insert ``, to institute the measures 
described in section 203 of the William Wilberforce Trafficking 
Victims Protection Reauthorization Act of 2008 (8 U.S.C. 
1375c), and to ensure that persons to whom a G-5 visa (as 
defined in such section 203) has been issued and who are 
employed by a diplomat or staff of the Bank are informed of 
their rights and protections under such section 203'' before 
the period.
                              ----------                              


3. An Amendment To Be Offered by Representative Barr of Kentucky or His 
                   Designee, Debatable for 10 Minutes

  Page 8, line 13, insert ``(a) In General.--'' before ``The 
Secretary''.
  Page 8, line 13, strike ``should'' and insert ``shall''.
  Page 8, line 16, insert ``financial'' before ``assist-''.
  Page 8, line 17, after ``ance'' insert ``, other than 
assistance to support basic human needs,''.
  Page 8, line 24, strike the close quotation marks and the 
period that follows.
  Page 8, after line 24, insert the following:
  ``(b) Waiver.--The President may waive subsection (a) for not 
more than 180 days at a time with respect to a foreign 
government if the President reports to the Congress that--
          ``(1) the failure described in subsection (a) by the 
        foreign government is due exclusively to a lack of 
        capacity of the foreign government;
          ``(2) the foreign government is taking effective 
        steps to prevent the failure from recurring; or
          ``(3) the waiver is vital to the national security 
        interests of the United States.''.
                              ----------                              


      PART B--TEXT OF AMENDMENT TO H.R. 2954 CONSIDERED AS ADOPTED

  Add at the end the following:

SEC. 3. SECURITIES AND EXCHANGE COMMISSION RESERVE FUND.

  Notwithstanding section 4(i)(2)(B)(i) of the Securities 
Exchange Act of 1934 (15 U.S.C. 78d(i)(2)(B)(i)), the amount 
deposited in the Securities and Exchange Commission Reserve 
Fund for fiscal year 2018 may not exceed $48,000,000.



                                  [all]