[Congressional Record (Bound Edition), Volume 154 (2008), Part 10]
[Senate]
[Page 14285]
[From the U.S. Government Publishing Office, www.gpo.gov]




     AMERICAN HOUSING RESCUE AND FORECLOSURE PREVENTION ACT OF 2008

  Mr. REID. Mr. President, I ask the Chair to lay before the Senate a 
message from the House with respect to H.R. 3221.
  The PRESIDING OFFICER. The clerk will report.
  The legislative clerk read as follows:

       A message from the House of Representatives to accompany 
     H.R. 3221, an act to provide needed housing reform, and for 
     other purposes.

  Mr. REID. I now ask unanimous consent that all postcloture time be 
considered yielded back, and that the motion to concur be agreed to and 
the motion to reconsider be laid upon the table.
  The PRESIDING OFFICER. Without objection, it is so ordered.


                             Cloture Motion

  Mr. REID. Mr. President, I move to disagree to the amendments of the 
House, adding a new title and inserting a new section to the amendment 
of the Senate to H.R. 3221, and I send a cloture motion to 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 the motion to 
     disagree to the amendments of the House, adding a new title 
     and inserting a new section, to the amendment of the Senate 
     to H.R. 3221, the Foreclosure Prevention Act.
         Harry Reid, Christopher J. Dodd, Debbie Stabenow, John D. 
           Rockefeller, IV, Jeff Bingaman, Ken Salazar, Joseph R. 
           Biden, Jr., Max Baucus, Patty Murray, Barbara A. 
           Mikulski, Charles E. Schumer, Sheldon Whitehouse, 
           Sherrod Brown, Bill Nelson, John F. Kerry, Robert P. 
           Casey, Jr., Benjamin L. Cardin, Frank R. Lautenberg.

  Mr. REID. I ask unanimous consent that the mandatory quorum be 
waived.
  The PRESIDING OFFICER. Without objection, it is so ordered.


                           Amendment No. 5067

  Mr. REID. Mr. President, I now move to concur in the amendment of the 
House adding a new title to the amendment of the Senate to H.R. 3221 
with 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 5067.

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

       At the end add the following:
       This title shall become effective in 3 days.

  Mr. REID. 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. 5068 to Amendment No. 5067

  Mr. REID. I have a second-degree amendment at the desk. I ask for its 
consideration.
  The PRESIDING OFFICER. The clerk will report.
  The assistant legislative clerk read as follows:

       The Senator from Nevada [Mr. Reid] proposes an amendment 
     numbered 5068 to amendment No. 5067.

  The amendment is as follows:

       In the amendment, strike ``3'' and insert ``2''.

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