[Congressional Record Volume 150, Number 101 (Tuesday, July 20, 2004)]
[Daily Digest]
[Pages D802-D804]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]





                        House of Representatives


Chamber Action
Measures Introduced: 15 public bills, H.R. 4863-4877; 1 private bill, 
H.R. 4878; and 7 resolutions, H. Con. Res. 475, and H. Res. 728-733, 
were introduced.
  Pages H6126-27
Additional Cosponsors:
  Page H6128
Reports Filed: Reports were filed today as follows:
  Conference report on H.R. 2443, to authorize appropriations for the 
Coast Guard for fiscal year 2004, to amend various laws administered by 
the Coast Guard (H. Rept. 108-617);
  H. Res. 730, waiving points of order against the conference report to 
accompany H.R. 2443, to authorize appropriations for the Coast Guard 
for fiscal year 2004, to amend various laws administered by the Coast 
Guard (H. Rept. 108-618);

[[Page D803]]


  H.R. 2929, to protect users of the Internet from unknowing 
transmission of their personally identifiable information through 
spyware programs, amended (H. Rept. 108-619);
  H. Res. 731, waiving a requirement of clause 6(a) of rule XIII with 
respect to consideration of certain resolutions reported from the 
Committee on Rules (H. Rept. 108-620);
  H. Res. 732, providing for consideration of H.R. 4837, making 
appropriations for military construction, family housing, and base 
realignment and closure for the Department of Defense for the fiscal 
year ending September 30, 2005 (H. Rept. 108-621); and
  Conference report on H.R. 4613, making appropriations for the 
Department of Defense for the fiscal year ending September 30, 2005 (H. 
Rept. 108-622).
Pages H6022-48, H6126 H6129-H6444
Speaker Pro Tempore: Read a letter from the Speaker wherein he 
appointed Representative Bishop of Utah to act as Speaker pro tempore 
for today.
  Page H5985
Recess: The House recessed at 9:30 a.m. and reconvened at 10 a.m. 
                                                             Page H5988
Stock Option Accounting Reform Act: The House passed H.R. 3574, to 
require the mandatory expensing of stock options granted to executive 
officers, by a yea-and-nay vote of 312 yeas to 111 nays, Roll No. 397. 
                                                         Pages H6001-22
  Agreed to the amendment in the nature of a substitute recommended by 
the Committee on Financial Services that was considered as an original 
bill for the purpose of amendment.
Page H6621
Agreed to:
  Oxley amendment (printed in H. Rept. 108-616) that clarifies the 
original intent of the bill to ensure that any company that wishes to 
voluntarily expense stock options in certain filings required under the 
securities laws may do so.
Pages H6012-13
Rejected:
  Sherman amendment (printed in H. Rept. 108-616) that sought to 
eliminate the requirement in the bill that an assumption of zero 
volatility be used when calculating the value of stock option expense 
for the top-five executives (by a recorded vote of 126 ayes to 296 
noes, Roll No. 394);
Pages H6013-14, H6019-20
  Maloney amendment (printed in H. Rept 108-616) that sought to 
preserve the authority of the Securities and Exchange Commission to 
establish accounting principles or standards on its own initiative as 
the SEC deems necessary in the public interest or for the protection of 
investors (by a recorded vote of 114 ayes to 308 noes, Roll No. 395); 
and
Pages H6014-16, H6020
  Kanjorski amendment (printed in H. Rept. 108-616) in the nature of a 
substitute (by a recorded vote of 127 ayes to 293 noes, Roll No. 396). 
                                               Pages H6016-19, H6020-21
  Agreed that the Clerk be authorized to make technical and conforming 
changes as may be necessary to reflect the actions of the House. 
                                                             Page H6022
  H. Res. 725, the rule providing for consideration of the bill was 
agreed to by a voice vote.
Pages H5991-98
District of Columbia Appropriations Act for FY05: The House passed H.R. 
4850, making appropriations for the government of the District of 
Columbia and other activities chargeable in whole or in part against 
the revenues of said District for the fiscal year ending September 30, 
2005, by a yea-and-nay vote of 371 yeas to 54 nays, Roll No. 399. 
                                                         Pages H6048-65
Rejected:
  Hefley amendment (No. 2 printed in the Congressional Record of July 
19) that reduces total appropriations in the Act by 1 percent (by a 
recorded vote of 113 ayes to 309 noes, Roll No. 398).
Pages H6063-64
  H. Res. 724, the rule providing for consideration of the bill was 
agreed to by a voice vote.
Pages H5998-H6001
Suspensions: The House agreed to suspend the rules and pass the 
following measures:
  Department of Homeland Security Financial Accountability Act: H.R. 
4259, to amend the Internal Revenue Code of 1986 to increase the child 
tax credit;
  Pages H6071-74
  Amending United States Code to authorize the location of the 
principal office of the U.S. Court of Appeals for Veterans Claims: H.R. 
3936, to amend title 38, United States Code, to authorize the principal 
office of the United States Court of Appeals for Veterans Claims to be 
at any location in the Washington, D.C., metropolitan area; 
                                                         Pages H6076-78
  Recognizing the members of AMVETS for their service to the Nation: H. 
Con. Res. 308, recognizing the members of AMVETS for their service to 
the Nation and supporting the goal of AMVETS National Charter Day; 
                                                         Pages H6081-82
  Providing for the appointment of Eli Broad as a citizen regent of the 
Board of Regents of the Smithsonian Institution: S.J. Res. 38, 
providing for the appointment of Eli Broad as a citizen regent of the 
Board of Regents of the Smithsonian Institution--clearing the measure 
for the President;
  Pages H6082-83
  Permitting the Library of Congress to hire Library of Congress police 
employees: H.R. 4816, to

[[Page D804]]

permit the Librarian of Congress to hire Library of Congress Police 
employees;
  Pages H6084-85
  Junk Fax Prevention Act of 2004: H.R. 4600, amended, to amend section 
227 of the Communications Act of 1934 to clarify the prohibition on 
junk fax transmissions; and
  Pages H6089-93
  Minor Use and Minor Species Animal Health Act of 2003: S. 741, to 
amend the Federal Food, Drug, and Cosmetic Act with regard to new 
animal drugs--clearing the measure for the President. 
                                                      Pages H6093-H6101
Suspensions--Proceedings Postponed: The House completed debate on the 
following measures under suspension of the rules. Further consideration 
will continue on Wednesday, July 21.
  Recognizing the 35th anniversary of the Apollo 11 lunar landing: H. 
Res. 723, recognizing the 35th anniversary of the Apollo 11 lunar 
landing;
  Pages H6065-71
  Bob Michel Department of Veterans Affairs Outpatient Clinic 
Designation Act: H.R. 4608, to name the Department of Veterans Affairs 
outpatient clinic located in Peoria, Illinois, as the ``Bob Michel 
Department of Veterans Affairs Outpatient Clinic'';
  Pages H6074-76
  Veterans Compensation Cost-of-Living Adjustment Act of 2004: H.R. 
4175, amended, to increase, effective as of December 1, 2004, the rates 
of disability compensation for veterans with service-connected 
disabilities and the rates of dependency and indemnity compensation for 
survivors of certain service-connected disabled veterans; and 
                                                         Pages H6078-80
  Sense of the House regarding the postponement of Presidential 
elections due to terrorist actions: H. Res. 728, expressing the sense 
of the House of Representatives that the actions of terrorists will 
never cause the date of any Presidential election to be postponed and 
that no single individual or agency should be given the authority to 
postpone the date of a Presidential election.
  Pages H6085-89
Tax Relief, Simplification, and Equity Act of 2003--Motion To Instruct 
Conferees: The House debated the Stenholm motion to instruct conferees 
on H.R. 1308, to amend the Internal Revenue Code of 1986 to accelerate 
the increase in the refundability of the child tax credit. Further 
consideration of the motion will continue on Wednesday, July 21. 
                                                         Pages H6101-04
Late Conference Report: Agreed that the managers on the part of the 
House have until midnight on July 20 to file a conference report on 
H.R. 4613, making appropriations for the Department of Defense for the 
fiscal year ending September 30, 2005.
  Page H6048
Senate Message: Message received from the Senate today appears on pages 
H5988-89.
Senate Referral: S. 2385 was referred to the Committee on 
Transportation and Infrastructure; S. 2277 and S. 2398 were held at the 
desk.
  Page H6124
Quorum Calls--Votes: Two yea-and-nay votes and four recorded votes 
developed during the proceedings of today and appear on pages H6019-20, 
H6020, H6020-21, H6021-22, H6064, H6064-65. There were no quorum calls.
Adjournment: The House met at 9 a.m. and adjourned at 10:59 p.m.