[Congressional Record (Bound Edition), Volume 154 (2008), Part 1]
[Senate]
[Pages 1357-1358]
[From the U.S. Government Publishing Office, www.gpo.gov]




 RECOVERY REBATES AND ECONOMIC STIMULUS FOR THE AMERICAN PEOPLE ACT OF 
                                  2008

  The PRESIDING OFFICER. The Senate will proceed to H.R. 5140, which 
the clerk will report by title.
  The legislative clerk read as follows:

       A bill (H.R. 5140) to provide economic stimulus through 
     recovery rebates to individuals, incentives for business 
     investment, and an increase in conforming and FHA loan 
     limits.

  The PRESIDING OFFICER. The majority leader is recognized.


                           Amendment No. 3983

              (Purpose: To provide a perfecting amendment)

  Mr. REID. Mr. President, I have an amendment at the desk, and I ask 
for its consideration.
  The PRESIDING OFFICER. The clerk will report.
  The legislative clerk read as follows:

       The Senator from Nevada [Mr. Reid] proposes an amendment 
     numbered 3983.

  Mr. REID. Mr. President, I ask unanimous consent that reading of the 
amendment be dispensed with.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  (The amendment is printed in today's Record under ``Text of 
Amendments.'')
  Mr. REID. Mr. President, I ask for the yeas and nays.
  The PRESIDING OFFICER. Is there a sufficient second?
  There appears to be a sufficient second.
  The yeas and nays were ordered.


                             Cloture Motion

  Mr. REID. Mr. President, I have a cloture motion at the desk.
  The PRESIDING OFFICER. The cloture motion having been presented under 
rule XXII, the Chair directs the clerk to read the motion.
  The legislative clerk read as follows:

                             Cloture Motion

       We, the undersigned Senators, in accordance with the 
     provisions of rule XXII of the Standing Rules of the Senate, 
     hereby move to bring to a close debate on amendment No. 3983 
     to H.R. 5140, the economic stimulus bill.
         Herb Kohl, Max Baucus, Mark L. Pryor, Byron L. Dorgan, 
           Robert Menendez, Jon Tester, Christopher J. Dodd, 
           Barbara A. Mikulski, Joseph I. Lieberman, Frank R. 
           Lautenberg, Daniel K. Akaka, Sheldon Whitehouse, 
           Benjamin L. Cardin, Robert P. Casey, Jr., Richard 
           Durbin, Claire McCaskill, Harry Reid.


                Amendment No. 3984 To Amendment No. 3983

  Mr. REID. Mr. President, I now call up a perfecting amendment to the 
amendment, which is at the desk.
  The PRESIDING OFFICER. The clerk will report.
  The legislative clerk read as follows:

       The Senator from Nevada [Mr. Reid] proposes an amendment 
     numbered 3984 to amendment No. 3983.

  Mr. REID. Mr. President, I ask unanimous consent that reading of the 
amendment be dispensed with.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The amendment is as follows:

       At the end of the amendment, add the following:
       This section shall take effect 4 days after enactment.


                            Motion To Commit

  Mr. REID. Mr. President, I now move to commit the bill to the Finance 
Committee with instructions to report back immediately with an 
amendment.
  The PRESIDING OFFICER. The clerk will report.
  The legislative clerk read as follows:

       The Senator from Nevada [Mr. Reid] moves to commit H.R. 
     5140 to the Committee on Finance with instructions to report 
     back forthwith with an amendment numbered 3985.

  Mr. REID. Mr. President, I ask unanimous consent that reading of the 
amendment be dispensed with.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The amendment is as follows:

                           amendment no. 3985

       At the end insert the following:
       This section shall become effective 3 days after enactment 
     of the bill.

  Mr. REID. Mr. President, I ask for the yeas and nays.
  The PRESIDING OFFICER. Is there a sufficient second?
  There appears to be a sufficient second.
  The yeas and nays were ordered.


                           Amendment No. 3986

  Mr. REID. Mr. President, I have an amendment at the desk, and I ask 
that it be reported at this time.
  The PRESIDING OFFICER. The clerk will report.
  The legislative clerk read as follows:

       The Senator from Nevada [Mr. Reid] proposes an amendment 
     numbered 3986 to the instructions of the Reid motion to 
     commit.

  Mr. REID. Mr. President, I ask unanimous consent that reading of the 
amendment be dispensed with.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The amendment is as follows:

       On line 2,
       Strike 3 and insert 2.

  Mr. REID. Mr. President, I ask for the yeas and nays.
  The PRESIDING OFFICER. Is there a sufficient second?
  There appears to be a sufficient second.
  The yeas and nays were ordered.


                Amendment No. 3987 To Amendment No. 3986

  Mr. REID. Mr. President, I now call up a second-degree amendment, 
which is at the desk.
  The PRESIDING OFFICER. The clerk will report.
  The legislative clerk read as follows:

       The Senator from Nevada [Mr. Reid] proposes an amendment 
     numbered 3987 to amendment No. 3986.

  Mr. REID. Mr. President, I ask unanimous consent that reading of the 
amendment be dispensed with.
  The PRESIDING OFFICER. Without objection, it is so ordered.

[[Page 1358]]

  The amendment is as follows:

       On line 1,
       Strike 2 and insert 1.

  Mr. REID. Mr. President, I now ask unanimous consent that the 
mandatory quorum required under rule XXII be waived.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  Mr. REID. Mr. President, I ask unanimous consent that the Senate 
resume consideration of H.R. 5140 at 4:30 p.m. tomorrow, Wednesday, 
February 6; that a vote on the motion to invoke cloture on the Reid 
first-degree amendment occur at 5:45 p.m., with the time from 4:30 p.m. 
to 5:45 p.m. be for debate with respect to the cloture motion, with the 
time equally divided and controlled between the two leaders and their 
designees, with the final 30 minutes prior to the vote divided 15 
minutes each for the Republican leader and the majority leader, with 
the majority leader controlling the final 15 minutes; and that Members 
have until 4 p.m. to file any germane second-degree amendments.
  The PRESIDING OFFICER. Is there objection?
  Mr. REID. If the Senator would withhold.
  The PRESIDING OFFICER. The majority leader.
  Mr. REID. OK.
  The PRESIDING OFFICER. Is there objection?
  Mr. McCONNELL. Mr. President, reserving the right to object, I ask 
unanimous consent that the consent be modified so that if cloture is 
not invoked on the Finance amendment, that amendment be withdrawn and 
the Senate proceed to a vote on the McConnell-Stevens amendment 
regarding seniors, veterans, and illegal immigrants, and that following 
the disposition of these amendments, the bill, as amended, if amended, 
be read a third time and the Senate proceed to a vote on passage.
  The PRESIDING OFFICER. Is there objection?
  Mr. REID. Mr. President, I respectfully object to the request.
  The PRESIDING OFFICER. Objection is heard.
  Is there objection to the majority leader's request?
  Without objection, it is so ordered.
  Mr. REID. I suggest the absence of a quorum.
  The PRESIDING OFFICER. The clerk will call the roll.
  The legislative clerk proceeded to call the roll.
  Mr. REID. Mr. President, I ask unanimous consent that the order for 
the quorum call be rescinded.
  The PRESIDING OFFICER. Without objection, it is so ordered.

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