[Congressional Record Volume 165, Number 162 (Tuesday, October 15, 2019)]
[Daily Digest]
[Pages D1104-D1105]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

Committee Meetings
SEC DISCLOSURE EFFECTIVENESS TESTING ACT; OUTSOURCING ACCOUNTABILITY 
ACT OF 2019
Committee on Rules: Full Committee held a hearing on H.R. 1815, the 
``SEC Disclosure Effectiveness Testing Act''; and H.R. 3624, the 
``Outsourcing Accountability Act of 2019''. The Committee granted, by 
record vote of 6-4, a rule providing for consideration of H.R. 1815, 
the ``SEC Disclosure Effectiveness Testing Act'', and H.R. 3624, the 
``Outsourcing Accountability Act of 2019''. The rule provides for 
consideration of H.R. 1815, the ``SEC Disclosure Effectiveness Testing 
Act'', under a structured rule. The rule provides one hour of general 
debate on the bill equally divided and controlled by the chair and 
ranking minority member of the Committee on Financial Services. The 
rule waives all points of order against consideration of the bill. The 
rule provides that an amendment in the nature of a substitute 
consisting of the text of Rules Committee Print 116-34, modified by the 
amendment printed in part A of the Rules Committee report, shall be 
considered as adopted and the bill, as amended, shall be considered as 
read. The rule waives all points of order against provisions in the 
bill, as amended. The rule makes in order only those further amendments 
printed in part B of the Rules Committee report. Each such amendment 
may be offered only in the order printed in the report, may be offered 
only by a Member designated in the report, shall be considered as read, 
shall be debatable for the time specified in the report equally divided 
and controlled by the proponent and an opponent, shall not be subject 
to amendment, and shall not be subject to a demand for division of the 
question. The rule waives all points of order against the amendments 
printed in part B of the report. The rule provides one motion to 
recommit with or without instructions. The rule provides for 
consideration of H.R. 3624, the ``Outsourcing Accountability Act of 
2019'', under a structured rule. The rule provides one hour of general 
debate on the bill equally divided and controlled by the chair and 
ranking minority member of the Committee on Financial Services. The 
rule waives all points of order against consideration of the bill. The 
rule makes in order as original text for the purpose of amendment the 
amendment in the nature of a substitute recommended by the Committee on 
Financial Services now printed in the bill and provides that it shall 
be considered as read. The rule waives all points of order against that 
amendment in the nature of a substitute. The rule makes in order only 
those further amendments printed in part C the Rules Committee report 
accompanying the resolution. Each such amendment may be offered only in 
the order printed in the report, may be offered only by a Member 
designated in the report, shall be considered as read, shall be 
debatable for the time specified in the report equally divided and 
controlled by the proponent and an opponent, shall not be subject to 
amendment, and shall not be subject to a demand for division of the 
question. The rule waives all points of order against the amendments 
printed in Part C of the report. The rule provides one motion to 
recommit with or without instructions. Testimony was heard from 
Chairman Waters and Representative McHenry.


 =========================== NOTE =========================== 

  
  October 15, 2019, on page D1104, the following language appears: 
SEC DISCLOSURE EFFECTIVENESS TESTING ACT; OUTSOURCING 
ACCOUNTABILITY ACT OF 2019 Committee on Rules: Full Committee held 
a hearing on H.R. 1815, the ``SEC Disclosure Effectiveness Testing 
Act''; and H.R. 3624, the ``Outsourcing Accountability Act of 
2019''. The Committee granted, by record vote of 6-4, a rule 
providing for consideration of H.R. 1815, the ``SEC Disclosure 
Effectiveness Testing Act, and H.R. 3624, the ``Outsourcing 
Accountability Act of 2019''. The rule provides for consideration 
of H.R. 1815, the ``SEC Disclosure Effectiveness Testing Act'', 
under a structured rule. The rule provides one hour of general 
debate on the bill equally divided and controlled by the chair and 
ranking minority member of the Committee on Financial Services. 
The rule waives all points of order against consideration of the 
bill. The rule provides that an amendment in the nature of a 
substitute consisting of the text of Rules Committee Print 116-34, 
modified by the amendment printed in part A of the Rules Committee 
report, shall be considered as adopted and the bill, as amended, 
shall be considered as read. The rule waives all points of order 
against provisions in the bill, as amended. The rule makes in 
order only those further amendments printed in part B of the Rules 
Committee report. Each such amendment may be offered only in the 
order printed in the report, may be offered only by a Member 
designated in the report, shall be considered as read, shall be 
debatable for the time specified in the report equally divided and 
controlled by the proponent and an opponent, shall not be subject 
to amendment, and shall not be subject to a demand for division of 
the question. The rule waives all points of order against the 
amendments printed in part B of the report. The rule provides one 
motion to recommit with or without instructions. The rule provides 
for consideration of H.R. 3624, the ``Outsourcing Accountability 
Act of 2019'', under a structured rule. The rule provides one hour 
of general debate on the bill equally divided and controlled by 
the chair and ranking minority member of the Committee on 
Financial Services. The rule waives all points of order against 
consideration of the bill. The rule makes in order as original 
text for the purpose of amendment the amendment in the nature of a 
substitute recommended by the Committee on Financial Services now 
printed in the bill and provides that it shall be considered as 
read. The rule waives all points of order against that amendment 
in the nature of a substitute. The rule makes in order only those 
further amendments printed in part C the Rules Committee report 
accompanying the resolution. Each such amendment may be offered 
only in the order printed in the report, may be offered only by a 
Member designated in the report, shall be considered as read, 
shall be debatable for the time specified in the report equally 
divided and controlled by the proponent and an opponent, shall not 
be subject to amendment, and shall not be subject to a demand for 
division of the question. The rule waives all points of order 
against the amendments printed in Part C of the report. The rule 
provides one motion to recommit with or without instructions. 
Testimony was heard from Chairman Waters and Representative 
McHenry.
  
  The online version has been corrected to read: SEC DISCLOSURE 
EFFECTIVENESS TESTING ACT; OUTSOURCING ACCOUNTABILITY ACT OF 2019 
Committee on Rules: Full Committee held a hearing on H.R. 1815, 
the ``SEC Disclosure Effectiveness Testing Act''; and H.R. 3624, 
the ``Outsourcing Accountability Act of 2019''. The Committee 
granted, by record vote of 6-4, a rule providing for consideration 
of H.R. 1815, the ``SEC Disclosure Effectiveness Testing Act], and 
H.R. 3624, the ``Outsourcing Accountability Act of 2019''. The 
rule provides for consideration of H.R. 1815, the ``SEC Disclosure 
Effectiveness Testing Act'', under a structured rule. The rule 
provides one hour of general debate on the bill equally divided 
and controlled by the chair and ranking minority member of the 
Committee on Financial Services. The rule waives all points of 
order against consideration of the bill. The rule provides that an 
amendment in the nature of a substitute consisting of the text of 
Rules Committee Print 116-34, modified by the amendment printed in 
part A of the Rules Committee report, shall be considered as 
adopted and the bill, as amended, shall be considered as read. The 
rule waives all points of order against provisions in the bill, as 
amended. The rule makes in order only those further amendments 
printed in part B of the Rules Committee report. Each such 
amendment may be offered only in the order printed in the report, 
may be offered only by a Member designated in the report, shall be 
considered as read, shall be debatable for the time specified in 
the report equally divided and controlled by the proponent and an 
opponent, shall not be subject to amendment, and shall not be 
subject to a demand for division of the question. The rule waives 
all points of order against the amendments printed in part B of 
the report. The rule provides one motion to recommit with or 
without instructions. The rule provides for consideration of H.R. 
3624, the ``Outsourcing Accountability Act of 2019'', under a 
structured rule. The rule provides one hour of general debate on 
the bill equally divided and controlled by the chair and ranking 
minority member of the Committee on Financial Services. The rule 
waives all points of order against consideration of the bill. The 
rule makes in order as original text for the purpose of amendment 
the amendment in the nature of a substitute recommended by the 
Committee on Financial Services now printed in the bill and 
provides that it shall be considered as read. The rule waives all 
points of order against that amendment in the nature of a 
substitute. The rule makes in order only those further amendments 
printed in part C the Rules Committee report accompanying the 
resolution. Each such amendment may be offered only in the order 
printed in the report, may be offered only by a Member designated 
in the report, shall be considered as read, shall be debatable for 
the time specified in the report equally divided and controlled by 
the proponent and an opponent, shall not be subject to amendment, 
and shall not be subject to a demand for division of the question. 
The rule waives all points of order against the amendments printed 
in Part C of the report. The rule provides one motion to recommit 
with or without instructions. Testimony was heard from Chairman 
Waters and Representative McHenry.


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Joint Meetings
  No joint committee meetings were held.

[[Page D1105]]