[Congressional Record (Bound Edition), Volume 149 (2003), Part 19]
[Senate]
[Page 26113]
[From the U.S. Government Publishing Office, www.gpo.gov]




                  UNANIMOUS CONSENT AGREEMENT--S. 1753

  Mr. McCONNELL. Mr. President, I ask unanimous consent that the 
majority leader, after consultation with the Democratic leader, but not 
before November 3, may turn to the consideration of S. 1753, the Fair 
Credit Reporting Act, and that it be considered under the following 
limitation:
  The only first-degree amendments be the following and that they be 
subject to relevant second-degree amendments, provided that where the 
term ``relevant'' is used for a first-degree amendment it be construed 
to mean anything related to, pertaining to, or dealing with the subject 
matter contained in either the Senate or House bill, or the substitute 
amendment; textual reference is not required.
  The amendments are: Cantwell, ID theft; Corzine, financial 
institutions to notify FTC of consumer data breach; Dayton, national 
information sharing standards; Durbin, student loan payment reporting; 
two by Feingold: buy American and data mining reporting; Kohl, student 
loans credit reporting; two by Senator Schumer: debit card fee 
disclosure, economic policy; Senator Nelson of Florida, disposal of 
consumer financial records; Senators Lincoln and Pryor of Arkansas, 
usury limit; three relevant amendments by Senator Feinstein; three 
amendments by Senator Boxer: consumer protection from false affiliate 
information sharing, right to know what affiliates your company can 
share information with, and tightening opt-out marketing loopholes; 
Senators Shelby and Sarbanes, a substitute amendment; relevant 
amendments by Senator Brownback and Senator Specter; Senator Murkowski, 
sharing confidential information; Senator Sarbanes, two relevant 
amendments; Senator Shelby, two relevant amendments; that upon the 
disposition of these amendments, the bill be read the third time and 
H.R. 2622, the House companion, be discharged from the Banking 
Committee and the Senate proceed to its immediate consideration; that 
all after the enacting clause be stricken and the text of S. 1753, as 
amended, be substituted in lieu thereof; the bill be read the third 
time, and the Senate vote on final passage of the bill, with the 
preceding all occurring without any intervening action or debate; 
further, that upon disposition of the House bill, S. 1753 be returned 
to the calendar.
  The PRESIDING OFFICER. Is this objection?
  Mr. REID. Mr. President, if I can just say this prior to the consent 
being entered into the Record, we have a number of amendments. It 
sounds like a lot. I have spoken to the chairman and ranking member of 
the committee, indicating that I am not sure all of the amendments on 
this side will even be offered. For example, Senator Feingold thinks 
these will be accepted. If they are not, he will take a 10-minute time 
agreement.
  I think we can move through these amendments quite rapidly. As I 
think everybody knows at this stage, the vast majority of the Senate 
favors this legislation. I think we should acknowledge that this 
agreement was reached with some effort today as a result of the 
advocacy of the Senators from California. They did not want this matter 
to be brought up this week because the fires are raging as we speak in 
California. They are both scheduled to go out there sometime this week. 
It would have been terribly inconvenient.
  I appreciate everyone's cooperation. The majority and Senators on 
this side had other amendments they wanted to offer. But understanding 
the difficulty and the problems in California at this stage, we arrived 
at a point where I think it is fair to everybody.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  Mr. McCONNELL. Mr. President, I certainly hope my friend from Nevada 
is correct, because it does list 25 amendments. I share his hope and 
expectations that many of those will disappear and we will be able to 
deal with this legislation, which is widely supported by an 
overwhelming majority of the Senate, in relatively rapid fashion.

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