[Congressional Record Volume 152, Number 125 (Friday, September 29, 2006)]
[Senate]
[Page S10769]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




               FINANCIAL NETTING IMPROVEMENTS ACT OF 2006

  Mr. FRIST. Mr. President, I ask unanimous consent that the Senate 
proceed to the immediate consideration of H.R. 5585, which was received 
from the House.
  The PRESIDING OFFICER. The clerk will report the bill by title.
  The legislative clerk read as follows:

       A bill (H.R. 5585) to improve the netting process for 
     financial contracts, and for other purposes.

  There being no objection, the Senate proceeded to consider the bill.
  Mr. FRIST. Mr. President, I ask unanimous consent that the amendment 
at the desk be agreed to, the bill, as amended, be read a third time, 
passed, the motion to reconsider be laid upon the table, and that any 
statements relating to the bill be printed in the Record.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The amendment (No. 5114) was agreed to, as follows:

 (Purpose: To strike a provision relating to compensation of trustees 
                            and filing fees)

       Strike section 7 (relating to compensation of chapter 7 
     trustees; chapter 7 filing fees).
       In section 8 (relating to scope of application), strike the 
     section heading and all that follows through ``the amendments 
     made'' and insert the following:

     ``SEC. 7. SCOPE OF APPLICATION.

       ``The amendments made''.

  The amendment was ordered to be engrossed and the bill read a third 
time.
  The bill (H.R. 5585), as amended, was read the third time, and 
passed.

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