04/01/09 4:59 PM
On agreeing to the Bilirakis amendment Agreed to by voice vote.
04/01/09 4:54 PM
DEBATE - Pursuant to the provisions of H.Res. 306, the Committee of the Whole proceeded with 10 minutes of debate on the Bilirakis amendment.
Amendment offered by Mr. Bilirakis.
04/01/09 4:54 PM
An amendment numbered 5 printed in House Report 111-71 to clarify that an institution that is not a TARP recipient will not be subject to the requirements of the bill as a result of doing business with a TARP recipient.
04/01/09 4:53 PM
POSTPONED PROCEEDINGS - At the conclusion of debate on the Bean amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the noes had prevailed. Ms. Bean demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
04/01/09 4:41 PM
An amendment numbered 4 printed in House Report 111-71 to allow institutions that enter into a payment schedule with Treasury on terms set by Treasury to no longer be subject to the bonus and compensation restrictions created by the Act. If an institution defaults on its payment schedule, any bonuses and compensation that exceeds the regulations promulgated in accordance to the Act would be subject to clawback.
04/01/09 4:41 PM
DEBATE - Pursuant to the provisions of H.Res. 306, the Committee of the Whole proceeded with 10 minutes of debate on the Bean amendment.
Amendment offered by Ms. Bean.
04/01/09 4:40 PM
On agreeing to the Meeks (NY) amendment Failed by voice vote.
04/01/09 4:23 PM
An amendment numbered 3 printed in House Report 111-71 to exempt from compensation standards any institutions that receive TARP funding or payment agreements entered into before the enactment of this bill.
04/01/09 4:23 PM
DEBATE - Pursuant ot the provisions of H.Res. 306, the Committee of the Whole proceeded with 10 minutes of debate on the Meeks (NY) amendment.
Amendment offered by Mr. Meeks (NY).
04/01/09 4:22 PM
On agreeing to the Cardoza amendment Agreed to by voice vote.
