[House Prints 112-A]
[From the U.S. Government Publishing Office]



   112th Congress
    1st  Session            COMMITTEE PRINT           Committee
                                                     Print 112-A
_______________________________________________________________________

                                     

 
                             RULES FOR THE
                    COMMITTEE ON FINANCIAL SERVICES

                     U.S. HOUSE OF REPRESENTATIVES

                      ONE HUNDRED TWELFTH CONGRESS

                             FIRST SESSION


[GRAPHIC] [TIFF OMITTED] TONGRESS.#13


                               March 2011






112th Congress 
 1st Session                COMMITTEE PRINT                   Committee
                                                            Print 112-A
_______________________________________________________________________

                                     


                             RULES FOR THE

                    COMMITTEE ON FINANCIAL SERVICES

                     U.S. HOUSE OF REPRESENTATIVES

                      ONE HUNDRED TWELFTH CONGRESS

                             FIRST SESSION


[GRAPHIC] [TIFF OMITTED] TONGRESS.#13


                               March 2011



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                 HOUSE COMMITTEE ON FINANCIAL SERVICES

                   SPENCER BACHUS, Alabama, Chairman
JEB HENSARLING, Texas, Vice          BARNEY FRANK, Massachusetts, 
    Chairman                             Ranking Member
PETER T. KING, New York              MAXINE WATERS, California
EDWARD R. ROYCE, California          CAROLYN B. MALONEY, New York
FRANK D. LUCAS, Oklahoma             LUIS V. GUTIERREZ, Illinois
RON PAUL, Texas                      NYDIA M. VELAZQUEZ, New York
DONALD A. MANZULLO, Illinois         MELVIN L. WATT, North Carolina
WALTER B. JONES, North Carolina      GARY L. ACKERMAN, New York
JUDY BIGGERT, Illinois               BRAD SHERMAN, California
GARY G. MILLER, California           GREGORY W. MEEKS, New York
SHELLEY MOORE CAPITO, West Virginia  MICHAEL E. CAPUANO, Massachusetts
SCOTT GARRETT, New Jersey            RUBEN HINOJOSA, Texas
RANDY NEUGEBAUER, Texas              WM. LACY CLAY, Missouri
PATRICK T. McHENRY, North Carolina   CAROLYN McCARTHY, New York
JOHN CAMPBELL, California            JOE BACA, California
MICHELE BACHMANN, Minnesota          STEPHEN F. LYNCH, Massachusetts
THADDEUS G. McCOTTER, Michigan       BRAD MILLER, North Carolina
KEVIN McCARTHY, California           DAVID SCOTT, Georgia
STEVAN PEARCE, New Mexico            AL GREEN, Texas
BILL POSEY, Florida                  EMANUEL CLEAVER, Missouri
MICHAEL G. FITZPATRICK,              GWEN MOORE, Wisconsin
    Pennsylvania                     KEITH ELLISON, Minnesota
LYNN A. WESTMORELAND, Georgia        ED PERLMUTTER, Colorado
BLAINE LUETKEMEYER, Missouri         JOE DONNELLY, Indiana
BILL HUIZENGA, Michigan              ANDRE CARSON, Indiana
SEAN P. DUFFY, Wisconsin             JAMES A. HIMES, Connecticut
NAN A. S. HAYWORTH, New York         GARY C. PETERS, Michigan
JAMES B. RENACCI, Ohio               JOHN C. CARNEY, Jr., Delaware
ROBERT HURT, Virginia
ROBERT J. DOLD, Illinois
DAVID SCHWEIKERT, Arizona
MICHAEL G. GRIMM, New York
FRANCISCO ``QUICO'' CANSECO, Texas
STEVE STIVERS, Ohio
STEPHEN FINCHER, Tennessee \1\
                           Larry C. Lavender
                             Chief of Staff

                            MEMBERSHIP NOTE
                       --------------------------
\1\ Mr. Fincher was elected to the Committee on May 11, 2011, filling a 
 vacancy created by the resignation of Mr. Marchant of Texas on March 
                               15, 2011.


                            C O N T E N T S

                              ----------                              
Rules
                                                                   Page
  Rule 1--General Provisions.....................................     1
  Rule 2--Meetings...............................................     1
  Rule 3--Meeting and Hearing Procedures.........................     2
  Rule 4--Procedures for Reporting Measures or Matters...........     7
  Rule 5--Subcommittees..........................................     8
  Rule 6--Staff..................................................    12
  Rule 7--Budget and Travel......................................    12
  Rule 8--Committee Administration...............................    13

Appendices
  Appendix 1--Applicable Provisions of House Rules...............    15
  Appendix 2--Chair's Policy Regarding Postponed Votes...........    31


                       RULES OF THE COMMITTEE ON

                           FINANCIAL SERVICES

                     U.S. House of Representatives

                             112th Congress

                             First Session

                              ----------                              


                                 Rule 1

                           General Provisions

    (a) The rules of the House are the rules of the Committee 
on Financial Services (hereinafter in these rules referred to 
as the ``Committee'') and its subcommittees so far as 
applicable, except that a motion to recess from day to day, and 
a motion to dispense with the first reading (in full) of a bill 
or resolution, if printed copies are available, are privileged 
motions in the Committee and shall be considered without 
debate. A proposed investigative or oversight report shall be 
considered as read if it has been available to the members of 
the Committee for at least 24 hours (excluding Saturdays, 
Sundays, or legal holidays except when the House is in session 
on such day).
    (b) Each subcommittee is a part of the Committee, and is 
subject to the authority and direction of the Committee and to 
its rules so far as applicable.
    (c) The provisions of clause 2 of rule XI of the Rules of 
the House are incorporated by reference as the rules of the 
Committee to the extent applicable.

                                 Rule 2

                                Meetings

                          Calling of Meetings

    (a)(1) The Committee shall regularly meet on the first 
Tuesday of each month when the House is in session.
          (2) A regular meeting of the Committee may be 
        dispensed with if, in the judgment of the Chairman of 
        the Committee (hereinafter in these rules referred to 
        as the ``Chair''), there is no need for the meeting.
          (3) Additional regular meetings and hearings of the 
        Committee may be called by the Chair, in accordance 
        with clause 2(g)(3) of rule XI of the rules of the 
        House.
          (4) Special meetings shall be called and convened by 
        the Chair as provided in clause 2(c)(2) of rule XI of 
        the Rules of the House.

                          Notice for Meetings

    (b)(1) The Chair shall notify each member of the Committee 
of the agenda of each regular meeting of the Committee at least 
three calendar days before the time of the meeting.
          (2) The Chair shall provide to each member of the 
        Committee, at least three calendar days before the time 
        of each regular meeting for each measure or matter on 
        the agenda a copy of--
                  (A) the measure or materials relating to the 
                matter in question; and
                  (B) an explanation of the measure or matter 
                to be considered, which, in the case of an 
                explanation of a bill, resolution, or similar 
                measure, shall include a summary of the major 
                provisions of the legislation, an explanation 
                of the relationship of the measure to present 
                law, and a summary of the need for the 
                legislation.
          (3) At least 24 hours prior to the commencement of a 
        meeting for the markup of legislation, the Chair shall 
        cause the text of such legislation to be made publicly 
        available in electronic form.
          (4) The provisions of this subsection may be waived 
        by a two-thirds vote of the Committee or by the Chair 
        with the concurrence of the ranking minority member.

                                 Rule 3

                     Meeting and Hearing Procedures

                               In General

    (a)(1) Meetings and hearings of the Committee shall be 
called to order and presided over by the Chair or, in the 
Chair's absence, by the member designated by the Chair as the 
Vice Chair of the Committee, or by the ranking majority member 
of the Committee present as Acting Chair.
          (2) Meetings and hearings of the committee shall be 
        open to the public unless closed in accordance with 
        clause 2(g) of rule XI of the Rules of the House.
          (3) Any meeting or hearing of the Committee that is 
        open to the public shall be open to coverage by 
        television broadcast, radio broadcast, and still 
        photography in accordance with the provisions of clause 
        4 of rule XI of the Rules of the House (which are 
        incorporated by reference as part of these rules). 
        Operation and use of any Committee operated broadcast 
        system shall be fair and nonpartisan and in accordance 
        with clause 4(b) of rule XI and all other applicable 
        rules of the Committee and the House.
          (4) Opening statements by members at the beginning of 
        any hearing or meeting of the Committee shall be 
        limited to 5 minutes each for the Chair or ranking 
        minority member, or their respective designee, and 3 
        minutes each for all other members.
          (5) To the extent feasible, members and witnesses may 
        use the Committee equipment for the purpose of 
        presenting information electronically during a meeting 
        or hearing, provided the information is transmitted to 
        the appropriate Committee staff in an appropriate 
        electronic format at least one business day before the 
        meeting or hearing so as to ensure display capacity and 
        quality. The content of all materials must relate to 
        the pending business of the Committee and conform to 
        the rules of the House. The confidentiality of the 
        material will be maintained by the technical staff 
        until its official presentation to the Committee 
        members. For the purposes of maintaining the official 
        records of the committee, printed copies of all 
        materials presented, to the extent practicable, must 
        accompany the presentations.
          (6) No person, other than a Member of Congress, 
        Committee staff, or an employee of a Member when that 
        Member has an amendment under consideration, may stand 
        in or be seated at the rostrum area of the Committee 
        rooms unless the Chair determines otherwise.

                                 Quorum

    (b)(1) For the purpose of taking testimony and receiving 
evidence, two members of the Committee shall constitute a 
quorum.
          (2) A majority of the members of the Committee shall 
        constitute a quorum for the purposes of reporting any 
        measure or matter, of authorizing a subpoena, of 
        closing a meeting or hearing pursuant to clause 2(g) of 
        rule XI of the rules of the House (except as provided 
        in clause 2(g)(2)(A) and (B)) or of releasing executive 
        session material pursuant to clause 2(k)(7) of rule XI 
        of the rules of the House.
          (3) For the purpose of taking any action other than 
        those specified in paragraph (2) one-third of the 
        members of the Committee shall constitute a quorum.

                                 Voting

    (c)(1) No vote may be conducted on any measure or matter 
pending before the Committee unless the requisite number of 
members of the Committee is actually present for such purpose.
          (2) A record vote of the Committee shall be provided 
        on any question before the Committee upon the request 
        of one-fifth of the members present.
          (3) No vote by any member of the Committee on any 
        measure or matter may be cast by proxy.
          (4) In addition to any other requirement of these 
        rules or the Rules of the House, including clause 
        2(e)(1)(B) of rule XI, the Chair shall make the record 
        of the votes on any question on which a record vote is 
        demanded publicly available for inspection at the 
        offices of the Committee and in electronic form on the 
        Committee's Web site not later than one business day 
        after such vote is taken. Such record shall include in 
        electronic form the text of the amendment, motion, 
        order, or other proposition, the name of each member 
        voting for and each member voting against such 
        amendment, motion, order, or proposition, and the names 
        of those members of the committee present but not 
        voting. With respect to any record vote on any motion 
        to report or record vote on any amendment, a record of 
        such votes shall be included in the report of the 
        Committee showing the total number of votes cast for 
        and against and the names of those members of the 
        committee present but not voting.
          (5) Postponed Record Votes.--(A) Subject to 
        subparagraph (B), the Chairman may postpone further 
        proceedings when a record vote is ordered on the 
        question of approving any measure or matter or adopting 
        an amendment. The Chairman may resume proceedings on a 
        postponed request at any time, but no later than the 
        next meeting day.
                  (B) In exercising postponement authority 
                under subparagraph (A), the Chairman shall take 
                all reasonable steps necessary to notify 
                members on the resumption of proceedings on any 
                postponed record vote.
                  (C) When proceedings resume on a postponed 
                question, not withstanding any intervening 
                order for the previous question, an underlying 
                proposition shall remain subject to further 
                debate or amendment to the same extent as when 
                the question was postponed.

                           Hearing Procedures

    (d)(1)(A) The Chair shall make public announcement of the 
date, place, and subject matter of any committee hearing at 
least one week before the commencement of the hearing, unless 
the Chair, with the concurrence of the ranking minority member, 
or the Committee by majority vote with a quorum present for the 
transaction of business, determines there is good cause to 
begin the hearing sooner, in which case the Chair shall make 
the announcement at the earliest possible date.
                  (B) Not less than three days before the 
                commencement of a hearing announced under this 
                paragraph, the Chair shall provide to the 
                members of the Committee a concise summary of 
                the subject of the hearing, or, in the case of 
                a hearing on a measure or matter, a copy of the 
                measure or materials relating to the matter in 
                question and a concise explanation of the 
                measure or matter to be considered. At the same 
                time the Chair provides the information 
                required by the preceding sentence, the Chair 
                shall also provide to the members of the 
                Committee a final list consisting of the names 
                of each witness who is to appear before the 
                Committee at that hearing. The witness list may 
                not be modified within 24 hours of a hearing, 
                unless the Chair, with the concurrence of the 
                ranking minority member, determines there is 
                good cause for such modification.
          (2) To the greatest extent practicable--
                  (A) each witness who is to appear before the 
                Committee shall file with the Committee two 
                business days in advance of the appearance 
                sufficient copies (including a copy in 
                electronic form), as determined by the Chair, 
                of a written statement of proposed testimony 
                and shall limit the oral presentation to the 
                Committee to brief summary thereof; and
                  (B) each witness appearing in a non-
                governmental capacity shall include with the 
                written statement of proposed testimony a 
                curriculum vitae and a disclosure of the amount 
                and source (by agency and program) of any 
                Federal grant (or subgrant hereof) or contract 
                (or subcontract thereof) received during the 
                current fiscal year or either of the two 
                preceding fiscal years. Such disclosure 
                statements, with appropriate redactions to 
                protect the privacy of the witness, shall be 
                made publicly available in electronic form not 
                later than one day after the witness appears.
          (3) The requirements of paragraph (2)(A) may be 
        modified or waived by the Chair when the Chair 
        determines it to be in the best interest of the 
        Committee.
          (4) The five-minute rule shall be observed in the 
        interrogation of witnesses before the Committee until 
        each member of the Committee has had an opportunity to 
        question the witnesses. No member shall be recognized 
        for a second period of five minutes to interrogate 
        witnesses until each member of the Committee present 
        has been recognized once for that purpose.
          (5) Whenever any hearing is conducted by the 
        Committee on any measure or matter, the minority party 
        members of the Committee shall be entitled, upon the 
        request of a majority of them before the completion of 
        the hearing, to call witnesses with respect to that 
        measure or matter during at least one day of hearing 
        thereon.

                          Subpoenas and Oaths

    (e)(1) Pursuant to clause 2(m) of rule XI of the Rules of 
the House, a subpoena may be authorized and issued by the 
Committee or a subcommittee in the conduct of any investigation 
or series of investigations or activities, only when authorized 
by a majority of the members voting, a majority being present, 
or pursuant to paragraph (2).
          (2) The Chair, with the concurrence of the ranking 
        minority member, may authorize and issue subpoenas 
        under such clause during any period for which the House 
        has adjourned for a period in excess of three days 
        when, in the opinion of the Chair, authorization and 
        issuance of the subpoena is necessary to obtain the 
        material or testimony set forth in the subpoena. The 
        Chair shall report to the members of the Committee on 
        the authorization and issuance of a subpoena during the 
        recess period as soon as practicable, but in no event 
        later than one week after service of such subpoena.
          (3) Authorized subpoenas shall be signed by the Chair 
        or by any member designated by the Committee, and may 
        be served by any person designated by the Chair or such 
        member.
          (4) The Chair, or any member of the Committee 
        designated by the Chair, may administer oaths to 
        witnesses before the Committee.

                           Special Procedures

    (f)(1)(A) Commemorative Medals and Coins.--It shall not be 
in order for the Subcommittee on Domestic Monetary Policy and 
Technology to hold a hearing on any commemorative medal or 
commemorative coin legislation unless the legislation is 
cosponsored by at least two-thirds of the members of the House.
                  (B) It shall not be in order for the 
                subcommittee to approve a bill or measure 
                authorizing commemorative coins for 
                consideration by the full Committee which does 
                not conform with the mintage restrictions 
                established by section 5112 of title 31, United 
                States Code.
                  (C) In considering legislation authorizing 
                Congressional gold medals, the subcommittee 
                shall apply the following standards--
                          (i) the recipient shall be a natural 
                        person;
                          (ii) the recipient shall have 
                        performed an achievement that has an 
                        impact on American history and culture 
                        that is likely to be recognized as a 
                        major achievement in the recipient's 
                        field long after the achievement;
                          (iii) the recipient shall not have 
                        received a medal previously for the 
                        same or substantially the same 
                        achievement;
                          (iv) the recipient shall be living 
                        or, if deceased, shall have been 
                        deceased for not less than five years 
                        and not more than twenty five years;
                          (v) the achievements were performed 
                        in the recipient's field of endeavor, 
                        and represent either a lifetime of 
                        continuous superior achievements or a 
                        single achievement so significant that 
                        the recipient is recognized and 
                        acclaimed by others in the same field, 
                        as evidenced by the recipient having 
                        received the highest honors in the 
                        field.
          (2) Testimony of Certain Officials.--
                  (A) Notwithstanding subsection (a)(4), when 
                the Chair announces a hearing of the Committee 
                for the purpose of receiving--
                          (i) testimony from the Chairman of 
                        the Federal Reserve Board pursuant to 
                        section 2B of the Federal Reserve Act 
                        (12 U.S.C. 221 et seq.), or
                          (ii) testimony from the Chairman of 
                        the Federal Reserve Board or a member 
                        of the President's cabinet at the 
                        invitation of the Chair, the Chair may, 
                        in consultation with the ranking 
                        minority member, limit the number and 
                        duration of opening statements to be 
                        delivered at such hearing. The 
                        limitation shall be included in the 
                        announcement made pursuant to 
                        subsection (d)(1)(A), and shall provide 
                        that the opening statements of all 
                        members of the Committee shall be made 
                        a part of the hearing record.
                  (B) Notwithstanding subsection (a)(4), at any 
                hearing of the Committee for the purpose of 
                receiving testimony (other than testimony 
                described in clause (i) or (ii) of subparagraph 
                (A)), the Chair may, after consultation with 
                the ranking minority member, limit the duration 
                of opening statements to ten minutes, to be 
                divided between the Chair and Chair of the 
                pertinent subcommittee, or the Chair's 
                designees, and ten minutes, to be controlled by 
                the ranking minority member, or the ranking 
                minority member's designees. Following such 
                time, the duration for opening statements may 
                be extended by agreement between the Chairman 
                and ranking minority member, to be divided at 
                the discretion of the Chair or ranking minority 
                member. The Chair shall provide that the 
                opening statements for all members of the 
                Committee shall be made a part of the hearing 
                record.
                  (C) At any hearing of a subcommittee, the 
                Chair of the subcommittee may, in consultation 
                with the ranking minority member of the 
                subcommittee, limit the duration of opening 
                statements to ten minutes, to be divided 
                between the Subcommittee Chair or Chair's 
                designees and ten minutes, to be controlled by 
                the ranking minority member of the Subcommittee 
                or the ranking minority member's designees. 
                Following such time, the duration for opening 
                statements may be extended by agreement between 
                the Chair of the subcommittee and ranking 
                minority member of the subcommittee, to be 
                divided at the discretion of the Chair of the 
                subcommittee or ranking minority member of the 
                subcommittee. The Chair of the subcommittee 
                shall ensure that opening statements for all 
                members shall be made a part of the hearing 
                record.
                  (D) If the Chair and ranking minority member 
                acting jointly determine that extraordinary 
                circumstances exist necessitating allowing 
                members to make opening statements, 
                subparagraphs (B) or (C), as the case may be, 
                shall not apply to such hearing.

                                 Rule 4

              Procedures for Reporting Measures or Matters

    (a) No measure or matter shall be reported from the 
Committee unless a majority of the Committee is actually 
present.
    (b) The Chair of the Committee shall report or cause to be 
reported promptly to the House any measure approved by the 
Committee and take necessary steps to bring a matter to a vote.
    (c) The report of the Committee on a measure which has been 
approved by the Committee shall be filed within seven calendar 
days (exclusive of days on which the House is not in session) 
after the day on which there has been filed with the clerk of 
the Committee a written request, signed by a majority of the 
members of the Committee, for the reporting of that measure 
pursuant to the provisions of clause 2(b)(2) of rule XIII of 
the Rules of the House.
    (d) All reports printed by the Committee pursuant to a 
legislative study or investigation and not approved by a 
majority vote of the Committee shall contain the following 
disclaimer on the cover of such report: ``This report has not 
been officially adopted by the Committee on Financial Services 
and may not necessarily reflect the views of its Members.''
    (e) The Chair is directed to offer a motion under clause 1 
of rule XXII of the Rules of the House whenever the Chair 
considers it appropriate.

                                 Rule 5

                             Subcommittees

          Establishment and Responsibilities of Subcommittees

    (a)(1) There shall be six subcommittees of the Committee as 
follows:
          (A) Subcommittee on capital markets and government 
        sponsored enterprises.--The jurisdiction of the 
        Subcommittee on Capital Markets and Government 
        Sponsored Enterprises includes--
                  (i) securities, exchanges, and finance;
                  (ii) capital markets activities, including 
                business capital formation and venture capital;
                  (iii) activities involving futures, forwards, 
                options, and other types of derivative 
                instruments;
                  (iv) the Securities and Exchange Commission;
                  (v) secondary market organizations for home 
                mortgages, including the Federal National 
                Mortgage Association, the Federal Home Loan 
                Mortgage Corporation, and the Federal 
                Agricultural Mortgage Corporation;
                  (vi) the Federal Housing Finance Agency; and
                  (vii) the Federal Home Loan Banks.
          (B) Subcommittee on domestic monetary policy and 
        technology.--The jurisdiction of the Subcommittee on 
        Domestic Monetary Policy and Technology includes--
                  (i) financial aid to all sectors and elements 
                within the economy;
                  (ii) economic growth and stabilization;
                  (iii) defense production matters as contained 
                in the Defense Production Act of 1950, as 
                amended;
                  (iv) domestic monetary policy, and agencies 
                which directly or indirectly affect domestic 
                monetary policy, including the effect of such 
                policy and other financial actions on interest 
                rates, the allocation of credit, and the 
                structure and functioning of domestic financial 
                institutions;
                  (v) coins, coinage, currency, and medals, 
                including commemorative coins and medals, proof 
                and mint sets and other special coins, the 
                Coinage Act of 1965, gold and silver, including 
                the coinage thereof (but not the par value of 
                gold), gold medals, counterfeiting, currency 
                denominations and design, the distribution of 
                coins, and the operations of the Bureau of the 
                Mint and the Bureau of Engraving and Printing; 
                and,
                  (vi) development of new or alternative forms 
                of currency.
          (C) Subcommittee on financial institutions and 
        consumer credit.--The jurisdiction of the Subcommittee 
        on Financial Institutions and Consumer Credit 
        includes--
                  (i) all agencies, including the Office of the 
                Comptroller of the Currency, the Federal 
                Deposit Insurance Corporation, the Board of 
                Governors of the Federal Reserve System and the 
                Federal Reserve System, the Office of Thrift 
                Supervision, and the National Credit Union 
                Administration, which directly or indirectly 
                exercise supervisory or regulatory authority in 
                connection with, or provide deposit insurance 
                for, financial institutions, and the 
                establishment of interest rate ceilings on 
                deposits;
                  (ii) all matters related to the Bureau of 
                Consumer Financial Protection;
                  (iii) the chartering, branching, merger, 
                acquisition, consolidation, or conversion of 
                financial institutions;
                  (iv) consumer credit, including the provision 
                of consumer credit by insurance companies, and 
                further including those matters in the Consumer 
                Credit Protection Act dealing with truth in 
                lending, extortionate credit transactions, 
                restrictions on garnishments, fair credit 
                reporting and the use of credit information by 
                credit bureaus and credit providers, equal 
                credit opportunity, debt collection practices, 
                and electronic funds transfers;
                  (v) creditor remedies and debtor defenses, 
                Federal aspects of the Uniform Consumer Credit 
                Code, credit and debit cards, and the 
                preemption of State usury laws;
                  (vi) consumer access to financial services, 
                including the Home Mortgage Disclosure Act and 
                the Community Reinvestment Act;
                  (vii) the terms and rules of disclosure of 
                financial services, including the 
                advertisement, promotion and pricing of 
                financial services, and availability of 
                government check cashing services;
                  (viii) deposit insurance; and
                  (ix) consumer access to savings accounts and 
                checking accounts in financial institutions, 
                including lifeline banking and other consumer 
                accounts.
          (D) Subcommittee on insurance, housing and community 
        opportunity.--The jurisdiction of the Subcommittee on 
        Insurance, Housing and Community Opportunity includes--
                  (i) insurance generally; terrorism risk 
                insurance; private mortgage insurance; 
                government sponsored insurance programs, 
                including those offering protection against 
                crime, fire, flood (and related land use 
                controls), earthquake and other natural 
                hazards; the Federal Insurance Office;
                  (ii) housing (except programs administered by 
                the Department of Veterans Affairs), including 
                mortgage and loan insurance pursuant to the 
                National Housing Act; rural housing; housing 
                and homeless assistance programs; all 
                activities of the Government National Mortgage 
                Association; housing construction and design 
                and safety standards; housing-related energy 
                conservation; housing research and 
                demonstration programs; financial and technical 
                assistance for nonprofit housing sponsors; 
                housing counseling and technical assistance; 
                regulation of the housing industry (including 
                landlord/tenant relations); and real estate 
                lending including regulation of settlement 
                procedures;
                  (iii) community development and community and 
                neighborhood planning, training and research; 
                national urban growth policies; urban/rural 
                research and technologies; and regulation of 
                interstate land sales; and,
                  (iv) the qualifications for and designation 
                of Empowerment Zones and Enterprise Communities 
                (other than matters relating to tax benefits).
          (E) Subcommittee on international monetary policy and 
        trade.--The jurisdiction of the Subcommittee on 
        International Monetary Policy and Trade includes--
                  (i) multilateral development lending 
                institutions, including activities of the 
                National Advisory Council on International 
                Monetary and Financial Policies as related 
                thereto, and monetary and financial 
                developments as they relate to the activities 
                and objectives of such institutions;
                  (ii) international trade, including but not 
                limited to the activities of the Export-Import 
                Bank;
                  (iii) the International Monetary Fund, its 
                permanent and temporary agencies, and all 
                matters related thereto; and
                  (iv) international investment policies, both 
                as they relate to United States investments for 
                trade purposes by citizens of the United States 
                and investments made by all foreign entities in 
                the United States.
          (F) Subcommittee on oversight and investigations.--
        The jurisdiction of the Subcommittee on Oversight and 
        Investigations includes--
                  (i) the oversight of all agencies, 
                departments, programs, and matters within the 
                jurisdiction of the Committee, including the 
                development of recommendations with regard to 
                the necessity or desirability of enacting, 
                changing, or repealing any legislation within 
                the jurisdiction of the Committee, and for 
                conducting investigations within such 
                jurisdiction; and
                  (ii) research and analysis regarding matters 
                within the jurisdiction of the Committee, 
                including the impact or probable impact of tax 
                policies affecting matters within the 
                jurisdiction of the Committee.
    (2) In addition, each such subcommittee shall have specific 
responsibility for such other measures or matters as the Chair 
refers to it.
    (3) Each subcommittee of the Committee shall review and 
study, on a continuing basis, the application, administration, 
execution, and effectiveness of those laws, or parts of laws, 
the subject matter of which is within its general 
responsibility.

           Referral of Measures and Matters to Subcommittees

    (b)(1) The Chair shall regularly refer to one or more 
subcommittees such measures and matters as the Chair deems 
appropriate given its jurisdiction and responsibilities. In 
making such a referral, the Chair may designate a subcommittee 
of primary jurisdiction and subcommittees of additional or 
sequential jurisdiction.
          (2) All other measures or matters shall be subject to 
        consideration by the full Committee.
          (3) In referring any measure or matter to a 
        subcommittee, the Chair may specify a date by which the 
        subcommittee shall report thereon to the Committee.
          (4) The Committee by motion may discharge a 
        subcommittee from consideration of any measure or 
        matter referred to a sub- committee of the Committee.

                      Composition of Subcommittees

    (c)(1) Members shall be elected to each subcommittee and to 
the positions of chair and ranking minority member thereof, in 
accordance with the rules of the respective party caucuses. The 
Chair of the Committee shall designate a member of the majority 
party on each subcommittee as its vice chair.
          (2) The Chair and ranking minority member of the 
        Committee shall be ex officio members with voting 
        privileges of each subcommittee of which they are not 
        assigned as members and may be counted for purposes of 
        establishing a quorum in such subcommittees.
          (3) The subcommittees shall be comprised as follows:
                  (A) The Subcommittee on Capital Markets and 
                Government Sponsored Enterprises shall be 
                comprised of 35 members, 20 elected by the 
                majority caucus and 15 elected by the minority 
                caucus.
                  (B) The Subcommittee on Domestic Monetary 
                Policy and Technology shall be comprised of 14 
                members, 8 elected by the majority caucus and 6 
                elected by the minority caucus.
                  (C) The Subcommittee on Financial 
                Institutions and Consumer Credit shall be 
                comprised of 30 members, 17 elected by the 
                majority caucus and 13 elected by the minority 
                caucus.
                  (D) The Subcommittee on Insurance, Housing 
                and Community Opportunity shall be comprised of 
                18 members, 10 elected by the majority caucus 
                and 8 elected by the minority caucus.
                  (E) The Subcommittee on International 
                Monetary Policy and Trade shall be comprised of 
                14 members, 8 elected by the majority caucus 
                and 6 elected by the minority caucus.
                  (F) The Subcommittee on Oversight and 
                Investigations shall be comprised of 18 
                members, 10 elected by the majority caucus and 
                8 elected by the minority caucus.

                   Subcommittee Meetings and Hearings

    (d)(1) Each subcommittee of the Committee is authorized to 
meet, hold hearings, receive testimony, mark up legislation, 
and report to the full Committee on any measure or matter 
referred to it, consistent with subsection (a).
          (2) No subcommittee of the Committee may meet or hold 
        a hearing at the same time as a meeting or hearing of 
        the Committee.
          (3) The chair of each subcommittee shall set hearing 
        and meeting dates only with the approval of the Chair 
        with a view toward assuring the availability of meeting 
        rooms and avoiding simultaneous scheduling of Committee 
        and subcommittee meetings or hearings.

                          Effect of a Vacancy

    (e) Any vacancy in the membership of a subcommittee shall 
not affect the power of the remaining members to execute the 
functions of the subcommittee as long as the required quorum is 
present.

                                Records

    (f) Each subcommittee of the Committee shall provide the 
full Committee with copies of such records of votes taken in 
the subcommittee and such other records with respect to the 
subcommittee as the Chair deems necessary for the Committee to 
comply with all rules and regulations of the House.

                                 Rule 6


                                 Staff


                               In General

    (a)(1) Except as provided in paragraph (2), the 
professional and other staff of the Committee shall be 
appointed, and may be removed by the Chair, and shall work 
under the general supervision and direction of the Chair.
          (2) All professional and other staff provided to the 
        minority party members of the Committee shall be 
        appointed, and may be removed, by the ranking minority 
        member of the Committee, and shall work under the 
        general supervision and direction of such member.
          (3) It is intended that the skills and experience of 
        all members of the Committee staff be available to all 
        members of the Committee.

                           Subcommittee Staff

    (b) From funds made available for the appointment of staff, 
the Chair of the Committee shall, pursuant to clause 6(d) of 
rule X of the Rules of the House, ensure that sufficient staff 
is made available so that each subcommittee can carry out its 
responsibilities under the rules of the Committee and that the 
minority party is treated fairly in the appointment of such 
staff.

                         Compensation of Staff

    (c)(1) Except as provided in paragraph (2), the Chair shall 
fix the compensation of all professional and other staff of the 
Committee.
          (2) The ranking minority member shall fix the 
        compensation of all professional and other staff 
        provided to the minority party members of the 
        Committee.

                                 Rule 7


                           Budget and Travel


                                 Budget

    (a)(1) The Chair, in consultation with other members of the 
Committee, shall prepare for each Congress a budget providing 
amounts for staff, necessary travel, investigation, and other 
expenses of the Committee and its subcommittees.
          (2) From the amount provided to the Committee in the 
        primary expense resolution adopted by the House of 
        Representatives, the Chair, after consultation with the 
        ranking minority member, shall designate an amount to 
        be under the direction of the ranking minority member 
        for the compensation of the minority staff, travel 
        expenses of minority members and staff, and minority 
        office expenses. All expenses of minority members and 
        staff shall be paid for out of the amount so set aside.

                                 Travel

    (b)(1) The Chair may authorize travel for any member and 
any staff member of the Committee in connection with activities 
or subject matters under the general jurisdiction of the 
Committee. Before such authorization is granted, there shall be 
submitted to the Chair in writing the following:
                  (A) The purpose of the travel.
                  (B) The dates during which the travel is to 
                occur.
                  (C) The names of the States or countries to 
                be visited and the length of time to be spent 
                in each.
                  (D) The names of members and staff of the 
                Committee for whom the authorization is sought.
          (2) Members and staff of the Committee shall make a 
        written report to the Chair on any travel they have 
        conducted under this subsection, including a 
        description of their itinerary, expenses, and 
        activities, and of pertinent information gained as a 
        result of such travel.
          (3) Members and staff of the Committee performing 
        authorized travel on official business shall be 
        governed by applicable laws, resolutions, and 
        regulations of the House and of the Committee on House 
        Administration.

                                 Rule 8


                        Committee Administration


                                Records

    (a)(1) There shall be a transcript made of each regular 
meeting and hearing of the Committee, and the transcript may be 
printed if the Chair decides it is appropriate or if a majority 
of the members of the Committee requests such printing. Any 
such transcripts shall be a substantially verbatim account of 
remarks actually made during the proceedings, subject only to 
technical, grammatical, and typographical corrections 
authorized by the person making the remarks. Nothing in this 
paragraph shall be construed to require that all such 
transcripts be subject to correction and publication.
          (2) The Committee shall keep a record of all actions 
        of the Committee and of its subcommittees. The record 
        shall contain all information required by clause 
        2(e)(1) of rule XI of the Rules of the House and shall 
        be available in electronic form and for public 
        inspection at reasonable times in the offices of the 
        Committee.
          (3) All Committee hearings, records, data, charts, 
        and files shall be kept separate and distinct from the 
        congressional office records of the Chair, shall be the 
        property of the House, and all Members of the House 
        shall have access thereto as provided in clause 2(e)(2) 
        of rule XI of the Rules of the House.
          (4) The records of the Committee at the National 
        Archives and Records Administration shall be made 
        available for public use in accordance with rule VII of 
        the Rules of the House of Representatives. The Chair 
        shall notify the ranking minority member of any 
        decision, pursuant to clause 3(b)(3) or clause 4(b) of 
        the rule, to withhold a record otherwise available, and 
        the matter shall be presented to the Committee for a 
        determination on written request of any member of the 
        Committee.

                 Committee Publications on the Internet

    (b) To the maximum extent feasible, the Committee shall 
make its publications available in electronic form.

      Audio and Video Coverage of Committee Hearings and Meetings

    (c)(1) To the maximum extent feasible, the Committee shall 
provide audio and video coverage of each hearing or meeting for 
the transaction of business in a manner that allows the public 
to easily listen to and view the proceedings; and,
          (2) maintain the recordings of such coverage in a 
        manner that is easily accessible to the public.

                               APPENDIX 1

 Applicable Provisions of Clauses 1, 2, and 4 of Rule XI and Clauses 2 
and 3 of Rule XIII of the Rules of the House of Representatives for the 
                             112th Congress

                            January 5, 2011

       RULE XI: PROCEDURES OF COMMITTEES AND UNFINISHED BUSINESS

             Clauses 1 and 2: Rules for Standing Committees

In general
    1. (a)(1)(A) The Rules of the House are the rules of its 
committees and subcommittees so far as applicable.
                  (B) Each subcommittee is a part of its 
                committee and is subject to the authority and 
                direction of that committee and to its rules, 
                so far as applicable.
          (2)(A) In a committee or subcommittee--
                          (i) a motion to recess from day to 
                        day, or to recess subject to the call 
                        of the Chair (within 24 hours), shall 
                        be privileged; and
                          (ii) a motion to dispense with the 
                        first reading (in full) of a bill or 
                        resolution shall be privileged if 
                        printed copies are available.
                  (B) A motion accorded privilege under this 
                subparagraph shall be decided without debate.
    (b)(1) Each committee may conduct at any time such 
investigations and studies as it considers necessary or 
appropriate in the exercise of its responsibilities under rule 
X. Subject to the adoption of expense resolutions as required 
by clause 6 of rule X, each committee may incur expenses, 
including travel expenses, in connection with such 
investigations and studies.
          (2) A proposed investigative or oversight report 
        shall be considered as read in committee if it has been 
        available to the members for at least 24 hours 
        (excluding Saturdays, Sundays, or legal holidays except 
        when the House is in session on such a day).
          (3) A report of an investigation or study conducted 
        jointly by more than one committee may be filed 
        jointly, provided that each of the committees complies 
        independently with all requirements for approval and 
        filing of the report.
          (4) After an adjournment sine die of the last regular 
        session of a Congress, an investigative or oversight 
        report may be filed with the Clerk at any time, 
        provided that a member who gives timely notice of 
        intention to file supplemental, minority, or additional 
        views shall be entitled to not less than seven calendar 
        days in which to submit such views for inclusion in the 
        report.
    (c) Each committee may have printed and bound such 
testimony and other data as may be presented at hearings held 
by the committee or its subcommittees. All costs of 
stenographic services and transcripts in connection with a 
meeting or hearing of a committee shall be paid from the 
applicable accounts of the House described in clause 1(k)(1) of 
rule X.
    (d)(1) Not later than the 30th day after June 1 and 
December 1, a committee shall submit to the House a semiannual 
report on the activities of that committee.
          (2) Such report shall include--
                  (A) separate sections summarizing the 
                legislative and oversight activities of that 
                committee under this rule and rule X during the 
                applicable period;
                  (B) in the case of the first such report, a 
                summary of the oversight plans submitted by the 
                committee under clause 2(d) of rule X;
                  (C) a summary of the actions taken and 
                recommendations made with respect to the 
                oversight plans specified in subdivision (B);
                  (D) a summary of any additional oversight 
                activities undertaken by that committee and any 
                recommendations made or actions taken thereon; 
                and
                  (E) a delineation of any hearings held 
                pursuant to clauses 2(n), (o), or (p) of this 
                rule.
          (3) After an adjournment sine die of a regular 
        session of a Congress, or after December 15, whichever 
        occurs first, the chair of a committee may file the 
        second or fourth semiannual report described in 
        subparagraph (1) with the Clerk at any time and without 
        approval of the committee, provided that--
                  (A) a copy of the report has been available 
                to each member of the committee for at least 
                seven calendar days; and
                  (B) the report includes any supplemental, 
                minority, or additional views submitted by a 
                member of the committee.
Adoption of written rules
    2. (a)(1) Each standing committee shall adopt written rules 
governing its procedure. Such rules--
                  (A) shall be adopted in a meeting that is 
                open to the public unless the committee, in 
                open session and with a quorum present, 
                determines by record vote that all or part of 
                the meeting on that day shall be closed to the 
                public;
                  (B) may not be inconsistent with the Rules of 
                the House or with those provisions of law 
                having the force and effect of Rules of the 
                House; and
                  (C) shall in any event incorporate all of the 
                succeeding provisions of this clause to the 
                extent applicable.
          (2) Each committee shall make its rules publicly 
        available in electronic form and submit such rules for 
        publication in the Congressional Record not later than 
        30 days after the chair of the committee is elected in 
        each odd-numbered year.
          (3) A committee may adopt a rule providing that the 
        chair be directed to offer a motion under clause 1 of 
        rule XXII whenever the chair considers it appropriate.
Regular meeting days
    (b) Each standing committee shall establish regular meeting 
days for the conduct of its business, which shall be not less 
frequent than monthly. Each such committee shall meet for the 
consideration of a bill or resolution pending before the 
committee or the transaction of other committee business on all 
regular meeting days fixed by the committee unless otherwise 
provided by written rule adopted by the committee.
Additional and special meetings
    (c)(1) The chair of each standing committee may call and 
convene, as the chair considers necessary, additional and 
special meetings of the committee for the consideration of a 
bill or resolution pending before the committee or for the 
conduct of other committee business, subject to such rules as 
the committee may adopt. The committee shall meet for such 
purpose under that call of the chair.
          (2) Three or more members of a standing committee may 
        file in the offices of the committee a written request 
        that the chair call a special meeting of the committee. 
        Such request shall specify the measure or matter to be 
        considered. Immediately upon the filing of the request, 
        the clerk of the committee shall notify the chair of 
        the filing of the request. If the chair does not call 
        the requested special meeting within three calendar 
        days after the filing of the request (to be held within 
        seven calendar days after the filing of the request) a 
        majority of the members of the committee may file in 
        the offices of the committee their written notice that 
        a special meeting of the committee will be held. The 
        written notice shall specify the date and hour of the 
        special meeting and the measure or matter to be 
        considered. The committee shall meet on that date and 
        hour. Immediately upon the filing of the notice, the 
        clerk of the committee shall notify all members of the 
        committee that such special meeting will be held and 
        inform them of its date and hour and the measure or 
        matter to be considered. Only the measure or matter 
        specified in that notice may be considered at that 
        special meeting.

Temporary absence of chair

    (d) A member of the majority party on each standing 
committee or subcommittee thereof shall be designated by the 
chair of the full committee as the vice chair of the committee 
or subcommittee, as the case may be, and shall preside during 
the absence of the chair from any meeting. If the chair and 
vice chair of a committee or subcommittee are not present at 
any meeting of the committee or subcommittee, the ranking 
majority member who is present shall preside at that meeting.

Committee records

    (e)(1)(A) Each committee shall keep a complete record of 
all committee action which shall include--
                          (i) in the case of a meeting or 
                        hearing transcript, a substantially 
                        verbatim account of remarks actually 
                        made during the proceedings, subject 
                        only to technical, grammatical, and 
                        typographical corrections authorized by 
                        the person making the remarks involved; 
                        and
                          (ii) a record of the votes on any 
                        question on which a record vote is 
                        demanded.
                  (B)(i) Except as provided in subdivision 
                (B)(ii) and subject to paragraph (k)(7), the 
                result of each such record vote shall be made 
                available by the committee for inspection by 
                the public at reasonable times in its offices 
                and also made publicly available in electronic 
                form within 48 hours of such record vote. 
                Information so available shall include a 
                description of the amendment, motion, order, or 
                other proposition, the name of each member 
                voting for and each member voting against such 
                amendment, motion, order, or proposition, and 
                the names of those members of the committee 
                present but not voting.
                          (ii) The result of any record vote 
                        taken in executive session in the 
                        Committee on Ethics may not be made 
                        available for inspection by the public 
                        without an affirmative vote of a 
                        majority of the members of the 
                        committee.
          (2)(A) Except as provided in subdivision (B), all 
        committee hearings, records, data, charts, and files 
        shall be kept separate and distinct from the 
        congressional office records of the member serving as 
        its chair. Such records shall be the property of the 
        House, and each Member, Delegate, and the Resident 
        Commissioner shall have access thereto.
                  (B) A Member, Delegate, or Resident 
                Commissioner, other than members of the 
                Committee on Ethics, may not have access to the 
                records of that committee respecting the 
                conduct of a Member, Delegate, Resident 
                Commissioner, officer, or employee of the House 
                without the specific prior permission of that 
                committee.
          (3) Each committee shall include in its rules 
        standards for availability of records of the committee 
        delivered to the Archivist of the United States under 
        rule VII. Such standards shall specify procedures for 
        orders of the committee under clause 3(b)(3) and clause 
        4(b) of rule VII, including a requirement that 
        nonavailability of a record for a period longer than 
        the period otherwise applicable under that rule shall 
        be approved by vote of the committee.
          (4) Each committee shall make its publications 
        available in electronic form to the maximum extent 
        feasible.
          (5) To the maximum extent practicable, each committee 
        shall--
                  (A) provide audio and video coverage of each 
                hearing or meeting for the transaction of 
                business in a manner that allows the public to 
                easily listen to and view the proceedings; and
                  (B) maintain the recordings of such coverage 
                in a manner that is easily accessible to the 
                public.
          (6) Not later than 24 hours after the adoption of any 
        amendment to a measure or matter considered by a 
        committee, the chair of such committee shall cause the 
        text of each such amendment to be made publicly 
        available in electronic form.

Prohibition against proxy voting

    (f) A vote by a member of a committee or subcommittee with 
respect to any measure or matter may not be cast by proxy.

Open meetings and hearings

    (g)(1) Each meeting for the transaction of business, 
including the markup of legislation, by a standing committee or 
subcommittee thereof (other than the Committee on Ethics or its 
subcommittees) shall be open to the public, including to radio, 
television, and still photography coverage, except when the 
committee or subcommittee, in open session and with a majority 
present, determines by record vote that all or part of the 
remainder of the meeting on that day shall be in executive 
session because disclosure of matters to be considered would 
endanger national security, would compromise sensitive law 
enforcement information, would tend to defame, degrade, or 
incriminate any person, or otherwise would violate a law or 
rule of the House. Persons, other than members of the committee 
and such noncommittee Members, Delegates, Resident 
Commissioner, congressional staff, or departmental 
representatives as the committee may authorize, may not be 
present at a business or markup session that is held in 
executive session. This subparagraph does not apply to open 
committee hearings, which are governed by clause 4(a)(1) of 
rule X or by subparagraph (2).
          (2)(A) Each hearing conducted by a committee or 
        subcommittee (other than the Committee on Ethics or its 
        subcommittees) shall be open to the public, including 
        to radio, television, and still photography coverage, 
        except when the committee or subcommittee, in open 
        session and with a majority present, determines by 
        record vote that all or part of the remainder of that 
        hearing on that day shall be closed to the public 
        because disclosure of testimony, evidence, or other 
        matters to be considered would endanger national 
        security, would compromise sensitive law enforcement 
        information, or would violate a law or rule of the 
        House.
                  (B) Notwithstanding the requirements of 
                subdivision (A), in the presence of the number 
                of members required under the rules of the 
                committee for the purpose of taking testimony, 
                a majority of those present may--
                          (i) agree to close the hearing for 
                        the sole purpose of discussing whether 
                        testimony or evidence to be received 
                        would endanger national security, would 
                        compromise sensitive law enforcement 
                        information, or would violate clause 
                        2(k)(5); or
                          (ii) agree to close the hearing as 
                        provided in clause 2(k)(5).
                  (C) A Member, Delegate, or Resident 
                Commissioner may not be excluded from 
                nonparticipatory attendance at a hearing of a 
                committee or subcommittee (other than the 
                Committee on Ethics or its subcommittees) 
                unless the House by majority vote authorizes a 
                particular committee or subcommittee, for 
                purposes of a particular series of hearings on 
                a particular article of legislation or on a 
                particular subject of investigation, to close 
                its hearings to Members, Delegates, and the 
                Resident Commissioner by the same procedures 
                specified in this subparagraph for closing 
                hearings to the public.
                  (D) The committee or subcommittee may vote by 
                the same procedure described in this 
                subparagraph to close one subsequent day of 
                hearing, except that the Committee on 
                Appropriations, the Committee on Armed 
                Services, and the Permanent Select Committee on 
                Intelligence, and the subcommittees thereof, 
                may vote by the same procedure to close up to 
                five additional, consecutive days of hearings.
          (3)(A) The chair of a committee shall announce the 
        date, place, and subject matter of--
                          (i) a committee hearing, which may 
                        not commence earlier than one week 
                        after such notice; or
                          (ii) a committee meeting, which may 
                        not commence earlier than the third day 
                        on which members have notice thereof.
                  (B) A hearing or meeting may begin sooner 
                than specified in subdivision (A) in either of 
                the following circumstances (in which case the 
                chair shall make the announcement specified in 
                subdivision (A) at the earliest possible time):
                          (i) the chair of the committee, with 
                        the concurrence of the ranking minority 
                        member, determines that there is good 
                        cause; or
                          (ii) the committee so determines by 
                        majority vote in the presence of the 
                        number of members required under the 
                        rules of the committee for the 
                        transaction of business.
                  (C) An announcement made under this 
                subparagraph shall be published promptly in the 
                Daily Digest and made publicly available in 
                electronic form.
                  (D) This subparagraph and subparagraph (4) 
                shall not apply to the Committee on Rules.
          (4) At least 24 hours prior to the commencement of a 
        meeting for the markup of legislation, or at the time 
        of an announcement under subparagraph (3)(B) made 
        within 24 hours before such meeting, the chair of the 
        committee shall cause the text of such legislation to 
        be made publicly available in electronic form.
          (5) Each committee shall, to the greatest extent 
        practicable, require witnesses who appear before it to 
        submit in advance written statements of proposed 
        testimony and to limit their initial presentations to 
        the committee to brief summaries thereof. In the case 
        of a witness appearing in a nongovernmental capacity, a 
        written statement of proposed testimony shall include a 
        curriculum vitae and a disclosure of the amount and 
        source (by agency and program) of each Federal grant 
        (or subgrant thereof) or contract (or subcontract 
        thereof) received during the current fiscal year or 
        either of the two previous fiscal years by the witness 
        or by an entity represented by the witness. Such 
        statements, with appropriate redactions to protect the 
        privacy of the witness, shall be made publicly 
        available in electronic form not later than one day 
        after the witness appears.
          (6)(A) Except as provided in subdivision (B), a point 
        of order does not lie with respect to a measure 
        reported by a committee on the ground that hearings on 
        such measure were not conducted in accordance with this 
        clause.
                  (B) A point of order on the ground described 
                in subdivision (A) may be made by a member of 
                the committee that reported the measure if such 
                point of order was timely made and improperly 
                disposed of in the committee.
          (7) This paragraph does not apply to hearings of the 
        Committee on Appropriations under clause 4(a)(1) of 
        rule X.

Quorum requirements

    (h)(1) A measure or recommendation may not be reported by a 
committee unless a majority of the committee is actually 
present.
          (2) Each committee may fix the number of its members 
        to constitute a quorum for taking testimony and 
        receiving evidence, which may not be less than two.
          (3) Each committee (other than the Committee on 
        Appropriations, the Committee on the Budget, and the 
        Committee on Ways and Means) may fix the number of its 
        members to constitute a quorum for taking any action 
        other than one for which the presence of a majority of 
        the committee is otherwise required, which may not be 
        less than one-third of the members.
          (4)(A) Each committee may adopt a rule authorizing 
        the chair of a committee or subcommittee--
                          (i) to postpone further proceedings 
                        when a record vote is ordered on the 
                        question of approving a measure or 
                        matter or on adopting an amendment; and
                          (ii) to resume proceedings on a 
                        postponed question at any time after 
                        reasonable notice.
                  (B) A rule adopted pursuant to this 
                subparagraph shall provide that when 
                proceedings resume on a postponed question, 
                notwithstanding any intervening order for the 
                previous question, an underlying proposition 
                shall remain subject to further debate or 
                amendment to the same extent as when the 
                question was postponed.

Limitation on committee sittings

    (i) A committee may not sit during a joint session of the 
House and Senate or during a recess when a joint meeting of the 
House and Senate is in progress.

Calling and questioning of witnesses

    (j)(1) Whenever a hearing is conducted by a committee on a 
measure or matter, the minority members of the committee shall 
be entitled, upon request to the chair by a majority of them 
before the completion of the hearing, to call witnesses 
selected by the minority to testify with respect to that 
measure or matter during at least one day of hearing thereon.
          (2)(A) Subject to subdivisions (B) and (C), each 
        committee shall apply the five-minute rule during the 
        questioning of witnesses in a hearing until such time 
        as each member of the committee who so desires has had 
        an opportunity to question each witness.
                  (B) A committee may adopt a rule or motion 
                permitting a specified number of its members to 
                question a witness for longer than five 
                minutes. The time for extended questioning of a 
                witness under this subdivision shall be equal 
                for the majority party and the minority party 
                and may not exceed one hour in the aggregate.
                  (C) A committee may adopt a rule or motion 
                permitting committee staff for its majority and 
                minority party members to question a witness 
                for equal specified periods. The time for 
                extended questioning of a witness under this 
                subdivision shall be equal for the majority 
                party and the minority party and may not exceed 
                one hour in the aggregate.

Hearing procedures

    (k)(1) The chair at a hearing shall announce in an opening 
statement the subject of the hearing.
          (2) A copy of the committee rules and of this clause 
        shall be made available to each witness on request.
          (3) Witnesses at hearings may be accompanied by their 
        own counsel for the purpose of advising them concerning 
        their constitutional rights.
          (4) The chair may punish breaches of order and 
        decorum, and of professional ethics on the part of 
        counsel, by censure and exclusion from the hearings; 
        and the committee may cite the offender to the House 
        for contempt.
          (5) Whenever it is asserted by a member of the 
        committee that the evidence or testimony at a hearing 
        may tend to defame, degrade, or incriminate any person, 
        or it is asserted by a witness that the evidence or 
        testimony that the witness would give at a hearing may 
        tend to defame, degrade, or incriminate the witness--
                  (A) notwithstanding paragraph (g)(2), such 
                testimony or evidence shall be presented in 
                executive session if, in the presence of the 
                number of members required under the rules of 
                the committee for the purpose of taking 
                testimony, the committee determines by vote of 
                a majority of those present that such evidence 
                or testimony may tend to defame, degrade, or 
                incriminate any person; and
                  (B) the committee shall proceed to receive 
                such testimony in open session only if the 
                committee, a majority being present, determines 
                that such evidence or testimony will not tend 
                to defame, degrade, or incriminate any person.
          In either case the committee shall afford such person 
        an opportunity voluntarily to appear as a witness, and 
        receive and dispose of requests from such person to 
        subpoena additional witnesses.
          (6) Except as provided in subparagraph (5), the chair 
        shall receive and the committee shall dispose of 
        requests to subpoena additional witnesses.
          (7) Evidence or testimony taken in executive session, 
        and proceedings conducted in executive session, may be 
        released or used in public sessions only when 
        authorized by the committee, a majority being present.
          (8) In the discretion of the committee, witnesses may 
        submit brief and pertinent sworn statements in writing 
        for inclusion in the record. The committee is the sole 
        judge of the pertinence of testimony and evidence 
        adduced at its hearing.
          (9) A witness may obtain a transcript copy of the 
        testimony of such witness given at a public session or, 
        if given at an executive session, when authorized by 
        the committee.

Supplemental, minority, or additional views

    (l) If at the time of approval of a measure or matter by a 
committee (other than the Committee on Rules) a member of the 
committee gives notice of intention to file supplemental, 
minority, or additional views for inclusion in the report to 
the House thereon, that member shall be entitled to not less 
than two additional calendar days after the day of such notice 
(excluding Saturdays, Sundays, and legal holidays except when 
the House is in session on such a day) to file such views, in 
writing and signed by that member, with the clerk of the 
committee.

Power to sit and act; subpoena power

    (m)(1) For the purpose of carrying out any of its functions 
and duties under this rule and rule X (including any matters 
referred to it under clause 2 of rule XII), a committee or 
subcommittee is authorized (subject to subparagraph (3)(A))--
                  (A) to sit and act at such times and places 
                within the United States, whether the House is 
                in session, has recessed, or has adjourned, and 
                to hold such hearings as it considers 
                necessary; and
                  (B) to require, by subpoena or otherwise, the 
                attendance and testimony of such witnesses and 
                the production of such books, records, 
                correspondence, memoranda, papers, and 
                documents as it considers necessary.
          (2) The chair of the committee, or a member 
        designated by the chair, may administer oaths to 
        witnesses.
          (3)(A)(i) Except as provided in subdivision (A)(ii), 
        a subpoena may be authorized and issued by a committee 
        or subcommittee under subparagraph (1)(B) in the 
        conduct of an investigation or series of investigations 
        or activities only when authorized by the committee or 
        subcommittee, a majority being present. The power to 
        authorize and issue subpoenas under subparagraph (1)(B) 
        may be delegated to the chair of the committee under 
        such rules and under such limitations as the committee 
        may prescribe. Authorized subpoenas shall be signed by 
        the chair of the committee or by a member designated by 
        the committee.
                          (ii) In the case of a subcommittee of 
                        the Committee on Ethics, a subpoena may 
                        be authorized and issued only by an 
                        affirmative vote of a majority of its 
                        members.
                  (B) A subpoena duces tecum may specify terms 
                of return other than at a meeting or hearing of 
                the committee or subcommittee authorizing the 
                subpoena.
                  (C) Compliance with a subpoena issued by a 
                committee or subcommittee under subparagraph 
                (1)(B) may be enforced only as authorized or 
                directed by the House.
    (n)(1) Each standing committee, or a subcommittee thereof, 
shall hold at least one hearing during each 120-day period 
following the establishment of the committee on the topic of 
waste, fraud, abuse, or mismanagement in Government programs 
which that committee may authorize.
          (2) A hearing described in subparagraph (1) shall 
        include a focus on the most egregious instances of 
        waste, fraud, abuse, or mismanagement as documented by 
        any report the committee has received from a Federal 
        Office of the Inspector General or the Comptroller 
        General of the United States.
    (o) Each committee, or a subcommittee thereof, shall hold 
at least one hearing in any session in which the committee has 
received disclaimers of agency financial statements from 
auditors of any Federal agency that the committee may authorize 
to hear testimony on such disclaimers from representatives of 
any such agency.
    (p) Each standing committee, or a subcommittee thereof, 
shall hold at least one hearing on issues raised by reports 
issued by the Comptroller General of the United States 
indicating that Federal programs or operations that the 
committee may authorize are at high risk for waste, fraud, and 
mismanagement, known as the high-risk list'' or the high-risk 
series.''

      Clause 4: Audio and visual coverage of committee proceedings

    4. (a) The purpose of this clause is to provide a means, in 
conformity with acceptable standards of dignity, propriety, and 
decorum, by which committee hearings or committee meetings that 
are open to the public may be covered by audio and visual 
means--
                  (1) for the education, enlightenment, and 
                information of the general public, on the basis 
                of accurate and impartial news coverage, 
                regarding the operations, procedures, and 
                practices of the House as a legislative and 
                representative body, and regarding the 
                measures, public issues, and other matters 
                before the House and its committees, the 
                consideration thereof, and the action taken 
                thereon; and
                  (2) for the development of the perspective 
                and understanding of the general public with 
                respect to the role and function of the House 
                under the Constitution as an institution of the 
                Federal Government.
          (b) In addition, it is the intent of this clause that 
        radio and television tapes and television film of any 
        coverage under this clause may not be used, or made 
        available for use, as partisan political campaign 
        material to promote or oppose the candidacy of any 
        person for elective public office.
          (c) It is, further, the intent of this clause that 
        the general conduct of each meeting (whether of a 
        hearing or otherwise) covered under authority of this 
        clause by audio or visual means, and the personal 
        behavior of the committee members and staff, other 
        Government officials and personnel, witnesses, 
        television, radio, and press media personnel, and the 
        general public at the hearing or other meeting, shall 
        be in strict conformity with and observance of the 
        acceptable standards of dignity, propriety, courtesy, 
        and decorum traditionally observed by the House in its 
        operations, and may not be such as to--
                  (1) distort the objects and purposes of the 
                hearing or other meeting or the activities of 
                committee members in connection with that 
                hearing or meeting or in connection with the 
                general work of the committee or of the House; 
                or
                  (2) cast discredit or dishonor on the House, 
                the committee, or a Member, Delegate, or 
                Resident Commissioner or bring the House, the 
                committee, or a Member, Delegate, or Resident 
                Commissioner into disrepute.
          (d) The coverage of committee hearings and meetings 
        by audio and visual means shall be permitted and 
        conducted only in strict conformity with the purposes, 
        provisions, and requirements of this clause.
          (e) Whenever a hearing or meeting conducted by a 
        committee or subcommittee is open to the public, those 
        proceedings shall be open to coverage by audio and 
        visual means. A committee or subcommittee chair may not 
        limit the number of television or still cameras to 
        fewer than two representatives from each medium (except 
        for legitimate space or safety considerations, in which 
        case pool coverage shall be authorized).
          (f) Each committee shall adopt written rules to 
        govern its implementation of this clause. Such rules 
        shall contain provisions to the following effect:
                  (1) If audio or visual coverage of the 
                hearing or meeting is to be presented to the 
                public as live coverage, that coverage shall be 
                conducted and presented without commercial 
                sponsorship.
                  (2) The allocation among the television media 
                of the positions or the number of television 
                cameras permitted by a committee or 
                subcommittee chair in a hearing or meeting room 
                shall be in accordance with fair and equitable 
                procedures devised by the Executive Committee 
                of the Radio and Television Correspondents' 
                Galleries.
                  (3) Television cameras shall be placed so as 
                not to obstruct in any way the space between a 
                witness giving evidence or testimony and any 
                member of the committee or the visibility of 
                that witness and that member to each other.
                  (4) Television cameras shall operate from 
                fixed positions but may not be placed in 
                positions that obstruct unnecessarily the 
                coverage of the hearing or meeting by the other 
                media.
                  (5) Equipment necessary for coverage by the 
                television and radio media may not be installed 
                in, or removed from, the hearing or meeting 
                room while the committee is in session.
          (6)(A) Except as provided in subdivision (B), 
        floodlights, spotlights, strobelights, and flashguns 
        may not be used in providing any method of coverage of 
        the hearing or meeting.
                  (B) The television media may install 
                additional lighting in a hearing or meeting 
                room, without cost to the Government, in order 
                to raise the ambient lighting level in a 
                hearing or meeting room to the lowest level 
                necessary to provide adequate television 
                coverage of a hearing or meeting at the current 
                state of the art of television coverage.
          (7) If requests are made by more of the media than 
        will be permitted by a committee or subcommittee chair 
        for coverage of a hearing or meeting by still 
        photography, that coverage shall be permitted on the 
        basis of a fair and equitable pool arrangement devised 
        by the Standing Committee of Press Photographers.
          (8) Photographers may not position themselves between 
        the witness table and the members of the committee at 
        any time during the course of a hearing or meeting.
          (9) Photographers may not place themselves in 
        positions that obstruct unnecessarily the coverage of 
        the hearing by the other media.
          (10) Personnel providing coverage by the television 
        and radio media shall be currently accredited to the 
        Radio and Television Correspondents' Galleries.
          (11) Personnel providing coverage by still 
        photography shall be currently accredited to the Press 
        Photographers' Gallery.
          (12) Personnel providing coverage by the television 
        and radio media and by still photography shall conduct 
        themselves and their coverage activities in an orderly 
        and unobtrusive manner.

               RULE XIII: CALENDARS AND COMMITTEE REPORTS


                Clause 2: Filing and Printing of Reports


Filing and printing of reports

    2. (a)(1) Except as provided in subparagraph (2), all 
reports of committees (other than those filed from the floor) 
shall be delivered to the Clerk for printing and reference to 
the proper calendar under the direction of the Speaker in 
accordance with clause 1. The title or subject of each report 
shall be entered on the Journal and printed in the 
Congressional Record.
                  (2) A bill or resolution reported adversely 
                (other than those filed as privileged) shall be 
                laid on the table unless a committee to which 
                the bill or resolution was referred requests at 
                the time of the report its referral to an 
                appropriate calendar under clause 1 or unless, 
                within three days thereafter, a Member, 
                Delegate, or Resident Commissioner makes such a 
                request.
          (b)(1) It shall be the duty of the chair of each 
        committee to report or cause to be reported promptly to 
        the House a measure or matter approved by the committee 
        and to take or cause to be taken steps necessary to 
        bring the measure or matter to a vote.
                  (2) In any event, the report of a committee 
                on a measure that has been approved by the 
                committee shall be filed within seven calendar 
                days (exclusive of days on which the House is 
                not in session) after the day on which a 
                written request for the filing of the report, 
                signed by a majority of the members of the 
                committee, has been filed with the clerk of the 
                committee. The clerk of the committee shall 
                immediately notify the chair of the filing of 
                such a request. This subparagraph does not 
                apply to a report of the Committee on Rules 
                with respect to a rule, joint rule, or order of 
                business of the House, or to the reporting of a 
                resolution of inquiry addressed to the head of 
                an executive department.
          (c) All supplemental, minority, or additional views 
        filed under clause 2(l) of rule XI by one or more 
        members of a committee shall be included in, and shall 
        be a part of, the report filed by the committee with 
        respect to a measure or matter. When time guaranteed by 
        clause 2(l) of rule XI has expired (or, if sooner, when 
        all separate views have been received), the committee 
        may arrange to file its report with the Clerk not later 
        than one hour after the expiration of such time. This 
        clause and provisions of clause 2(l) of rule XI do not 
        preclude the immediate filing or printing of a 
        committee report in the absence of a timely request for 
        the opportunity to file supplemental, minority, or 
        additional views as provided in clause 2(l) of rule XI.

                      Clause 3: Content of Reports

    3. (a)(1) Except as provided in subparagraph (2), the 
report of a committee on a measure or matter shall be printed 
in a single volume that--
                          (A) shall include all supplemental, 
                        minority, or additional views that have 
                        been submitted by the time of the 
                        filing of the report; and
                          (B) shall bear on its cover a recital 
                        that any such supplemental, minority, 
                        or additional views (and any material 
                        submitted under paragraph (c)(3)) are 
                        included as part of the report.
                  (2) A committee may file a supplemental 
                report for the correction of a technical error 
                in its previous report on a measure or matter. 
                A supplemental report only correcting errors in 
                the depiction of record votes under paragraph 
                (b) may be filed under this subparagraph and 
                shall not be subject to the requirement in 
                clause 4 or clause 6 concerning the 
                availability of reports.
          (b) With respect to each record vote on a motion to 
        report a measure or matter of a public nature, and on 
        any amendment offered to the measure or matter, the 
        total number of votes cast for and against, and the 
        names of members voting for and against, shall be 
        included in the committee report. The preceding 
        sentence does not apply to votes taken in executive 
        session by the Committee on Ethics.
          (c) The report of a committee on a measure that has 
        been approved by the committee shall include, 
        separately set out and clearly identified, the 
        following:
                  (1) Oversight findings and recommendations 
                under clause 2(b)(1) of rule X.
                  (2) The statement required by section 308(a) 
                of the Congressional Budget Act of 1974, except 
                that an estimate of new budget authority shall 
                include, when practicable, a comparison of the 
                total estimated funding level for the relevant 
                programs to the appropriate levels under 
                current law.
                  (3) An estimate and comparison prepared by 
                the Director of the Congressional Budget Office 
                under section 402 of the Congressional Budget 
                Act of 1974 if timely submitted to the 
                committee before the filing of the report.
                  (4) A statement of general performance goals 
                and objectives, including outcome-related goals 
                and objectives, for which the measure 
                authorizes funding.
          (d) Each report of a committee on a public bill or 
        public joint resolution shall contain the following:
                  (1)(A) An estimate by the committee of the 
                costs that would be incurred in carrying out 
                the bill or joint resolution in the fiscal year 
                in which it is reported and in each of the five 
                fiscal years following that fiscal year (or for 
                the authorized duration of any program 
                authorized by the bill or joint resolution if 
                less than five years);
                          (B) a comparison of the estimate of 
                        costs described in subdivision (A) made 
                        by the committee with any estimate of 
                        such costs made by a Government agency 
                        and submitted to such committee; and
                          (C) when practicable, a comparison of 
                        the total estimated funding level for 
                        the relevant programs with the 
                        appropriate levels under current law.
                  (2)(A) In subparagraph (1) the term 
                ``Government agency'' includes any department, 
                agency, establishment, wholly owned Government 
                corporation, or instrumentality of the Federal 
                Government or the government of the District of 
                Columbia.
                          (B) Subparagraph (1) does not apply 
                        to the Committee on Appropriations, the 
                        Committee on House Administration, the 
                        Committee on Rules, or the Committee on 
                        Ethics, and does not apply when a cost 
                        estimate and comparison prepared by the 
                        Director of the Congressional Budget 
                        Office under section 402 of the 
                        Congressional Budget Act of 1974 has 
                        been included in the report under 
                        paragraph (c)(3).
          (e)(1) Whenever a committee reports a bill or joint 
        resolution proposing to repeal or amend a statute or 
        part thereof, it shall include in its report or in an 
        accompanying document--
                          (A) the text of a statute or part 
                        thereof that is proposed to be 
                        repealed; and
                          (B) a comparative print of any part 
                        of the bill or joint resolution 
                        proposing to amend the statute and of 
                        the statute or part thereof proposed to 
                        be amended, showing by appropriate 
                        typographical devices the omissions and 
                        insertions proposed.
                  (2) If a committee reports a bill or joint 
                resolution proposing to repeal or amend a 
                statute or part thereof with a recommendation 
                that the bill or joint resolution be amended, 
                the comparative print required by subparagraph 
                (1) shall reflect the changes in existing law 
                proposed to be made by the bill or joint 
                resolution as proposed to be amended.
          (f)(1) A report of the Committee on Appropriations on 
        a general appropriation bill shall include--
                          (A) a concise statement describing 
                        the effect of any provision of the 
                        accompanying bill that directly or 
                        indirectly changes the application of 
                        existing law; and
                          (B) a list of all appropriations 
                        contained in the bill for expenditures 
                        not currently authorized by law for the 
                        period concerned (excepting classified 
                        intelligence or national security 
                        programs, projects, or activities), 
                        along with a statement of the last year 
                        for which such expenditures were 
                        authorized, the level of expenditures 
                        authorized for that year, the actual 
                        level of expenditures for that year, 
                        and the level of appropriations in the 
                        bill for such expenditures.
                  (2) Whenever the Committee on Appropriations 
                reports a bill or joint resolution including 
                matter specified in clause 1(b)(2) or (3) of 
                rule X, it shall include--
                          (A) in the bill or joint resolution, 
                        separate headings for ``Rescissions'' 
                        and ``Transfers of Unexpended 
                        Balances''; and
                          (B) in the report of the committee, a 
                        separate section listing such 
                        rescissions and transfers.
          (g) Whenever the Committee on Rules reports a 
        resolution proposing to repeal or amend a standing rule 
        of the House, it shall include in its report or in an 
        accompanying document--
                  (1) the text of any rule or part thereof that 
                is proposed to be repealed; and
                  (2) a comparative print of any part of the 
                resolution proposing to amend the rule and of 
                the rule or part thereof proposed to be 
                amended, showing by appropriate typographical 
                devices the omissions and insertions proposed.
          (h)(1) It shall not be in order to consider a bill or 
        joint resolution reported by the Committee on Ways and 
        Means that proposes to amend the Internal Revenue Code 
        of 1986 unless--
                          (A) the report includes a tax 
                        complexity analysis prepared by the 
                        Joint Committee on Internal Revenue 
                        Taxation in accordance with section 
                        4022(b) of the Internal Revenue Service 
                        Restructuring and Reform Act of 1998; 
                        or
                          (B) the chair of the Committee on 
                        Ways and Means causes such a tax 
                        complexity analysis to be printed in 
                        the Congressional Record before 
                        consideration of the bill or joint 
                        resolution.
                  (2)(A) It shall not be in order to consider a 
                bill or joint resolution reported by the 
                Committee on Ways and Means that proposes to 
                amend the Internal Revenue Code of 1986 
                unless--
                                  (i) the report includes a 
                                macroeconomic impact analysis;
                                  (ii) the report includes a 
                                statement from the Joint 
                                Committee on Internal Revenue 
                                Taxation explaining why a 
                                macroeconomic impact analysis 
                                is not calculable; or
                                  (iii) the chair of the 
                                Committee on Ways and Means 
                                causes a macroeconomic impact 
                                analysis to be printed in the 
                                Congressional Record before 
                                consideration of the bill or 
                                joint resolution.
                          (B) In subdivision (A), the term 
                        ``macroeconomic impact analysis'' 
                        means--
                                  (i) an estimate prepared by 
                                the Joint Committee on Internal 
                                Revenue Taxation of the changes 
                                in economic output, employment, 
                                capital stock, and tax revenues 
                                expected to result from 
                                enactment of the proposal; and
                                  (ii) a statement from the 
                                Joint Committee on Internal 
                                Revenue Taxation identifying 
                                the critical assumptions and 
                                the source of data underlying 
                                that estimate.

                               APPENDIX 2

                Chair's Policy Regarding Postponed Votes

                            January 25, 2011

    Rule 3(c)(5) of the Rules of the Committee on Financial 
Services for the 112th Congress (adopted pursuant to clause 
2(h)(4) of rule XI of the Rules of the House of Representatives 
for the 112th Congress) authorizes the Chairman to postpone 
ordered record votes on the question of approving any measure 
or matter or adopting an amendment under certain circumstances. 
The Committee rule further provides that the Chairman may 
resume proceedings on a postponed vote at any time, but not 
later than the next meeting day.
    The following policy was first announced by the Chair at 
the Committee's organizational meeting on February 5, 2003 and 
circulated to the Members of the Committee in a memorandum 
dated February 11, 2003. The policy has been continued since 
that time and is reprinted here for easy reference.
                              ----------                              


                               In General

    Members are advised that this policy applies equally to 
meetings of the full Committee and subcommittees, and will be 
printed in the Committee's rules pamphlet. The Chair has 
consulted with the ranking minority member in the formulation 
of this policy and will continue to consult with him regarding 
its application.
    As announced at the Committee's organizational meeting, the 
purpose of this rule is to improve the efficiency of the 
Committee's meetings, and will not be used to advantage or 
disadvantage any member seeking to offer an amendment. In order 
to ensure that the Chair can effectively administer the rule 
and provide for orderly markups, it is essential that Members 
inform the Chair of their intention to offer a particular 
amendment as soon as possible. The Chair cannot protect Members 
if he does not know of their amendment. Members are further 
advised that the Chair intends for this rule to be used 
sparingly, in cases where the Committee faces a long markup on 
a series of bills or amendments. It does not substitute for the 
active attendance and participation of Members in Committee 
meetings.

                             In Particular

    1. In the application of the rule, the Chair will consult 
regularly with the ranking minority member regarding the 
postponement of votes, including the decision on whether to 
postpone a particular vote and on when proceedings will resume.
    2. A record vote on an amendment will not be postponed if 
doing so would prejudice a member with regard to the offering 
of another amendment.
    3. The Chair will make every reasonable effort to group the 
consideration of amendments and the resumption of proceedings 
on postponed votes so as to permit the offering of all known 
amendments.
    4. No more than 6 record votes will be postponed before the 
resumption of proceedings on the series, except with the 
specific agreement of the ranking minority member.
    5. When proceedings resume on postponed record votes, the 
first vote in any series (or in the case of a single postponed 
vote, that vote), will remain open for 15 minutes, or until all 
members of the Committee or subcommittee are recorded. 
Subsequent votes in a series will not be held open.
    6. The Chair will make every reasonable effort to notify 
members regarding the resumption of proceedings on postponed 
record votes, both prior to and at the time that proceedings 
resume on any postponed record vote, which includes 
notification through electronic means.
    7. Members are strongly encouraged to attend all committee 
meetings. However, if members cannot attend the Committee 
meeting, they are advised to monitor the proceedings through 
the Committee broadcasts on the House cable system or the 
Committee's webcast, and to have staff present at the meeting.
    The Chair believes that this policy will result in the fair 
application of the rule, the protection of Members' rights to 
offer amendments, and an improvement in the efficiency of 
Committee meetings.

                                  
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