[House Report 111-518]
[From the U.S. Government Publishing Office]


111th Congress                                                   Report
                        HOUSE OF REPRESENTATIVES
 2d Session                                                     111-518

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 PROVIDING FOR CONSIDERATION OF THE CONFERENCE REPORT TO ACCOMPANY THE 
BILL (H.R. 4173) TO PROVIDE FOR FINANCIAL REGULATORY REFORM, TO PROTECT 
CONSUMERS AND INVESTORS, TO ENHANCE FEDERAL UNDERSTANDING OF INSURANCE 
 ISSUES, TO REGULATE THE OVER-THE-COUNTER DERIVATIVES MARKETS, AND FOR 
                             OTHER PURPOSES

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   June 30, 2010.--Referred to the House Calendar and ordered to be 
                                printed

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  Mr. Perlmutter, from the Committee on Rules, submitted the following

                              R E P O R T

                      [To accompany H. Res. 1490]

    The Committee on Rules, having had under consideration 
House Resolution 1490, by a non-record vote, report the same to 
the House with the recommendation that the resolution be 
adopted.

                SUMMARY OF PROVISIONS OF THE RESOLUTION

    The resolution waives all points of order against the 
conference report on H.R. 4173, the Wall Street Reform and 
Consumer Protection Act of 2009, and against its consideration. 
The resolution provides that the conference report shall be 
considered as read. The previous question shall be considered 
as ordered on the conference report to its adoption without 
intervening motion except: (1) two hours of debate; and (2) one 
motion to recommit if applicable.

                         EXPLANATION OF WAIVERS

    The waiver of all points of order against the conference 
report and against its consideration includes a waiver of 
clause 8 of rule XXII (requiring a three-day layover of 
conference reports and the accompanying joint explanatory 
statement). Although the rule waives all points of order 
against the conference report and against its consideration, 
the conference report does not violate clause 9 of rule XXI. 
Although the waiver of all points of order against 
consideration of the conference report includes a waiver of 
clause 10 of rule XXI (regarding PAYGO), the conference report 
is in full compliance with statutory PAYGO.

                                  
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