01/10/17 3:07 PM H.R. 79
POSTPONED PROCEEDINGS - At the conclusion of debate on the Velazquez amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Ms. Velazquez demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
01/10/17 2:57 PM H.R. 79
DEBATE - Pursuant to the provisions of H. Res. 33, the Committee of the Whole proceeded with 10 minutes of debate on the Velazquez Part B amendment No. 1.
01/10/17 2:57 PM H.R. 79
An amendment, offered by Ms. Velazquez, numbered 1 printed in Part B of House Report 115-2 to require the event sponsor to provide attendees with a written disclosure outlinin g the nature of the event and the risks of investing in the securities for sale. It would also clarify that attendance at an event does not in itself establish a pre-existing relationship for purposes of Rule 506(b).
01/10/17 2:57 PM H.R. 79
Amendment offered by Ms. Velazquez.
01/10/17 2:09 PM H.R. 79
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 79.
01/10/17 2:08 PM H.R. 79
The Speaker designated the Honorable Mike Bost to act as Chairman of the Committee.
01/10/17 2:08 PM H.R. 79
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 33 and Rule XVIII.
01/10/17 2:07 PM H.R. 79
The resolution provides for both bills to be considered under a structured rule for one hour of general debate. The resolution also provides one motion to recommit with or without instructions on both H.R. 5 and H.R. 79.
01/10/17 2:07 PM H.R. 79
Considered under the provisions of rule H. Res. 33. H.R. 79 — "To clarify the definition of general solicitation under Federal securities law."
01/10/17 2:06 PM H. Res. 39
Motion to reconsider laid on the table Agreed to without objection.
