Committee on Financial Services

MARKUP TO CONSIDER (1) A RESOLUTION ELECTING MINORITY MEMBERS TO THE SUBCOMMITTEES OF THE COMMITTEE ON FINANCIAL SERVICES; (2) H.R. 2179, THE SECURITIES FRAUD DETERRENCE AND INVESTOR RESTITUTION ACT OF 2003 (COMMITTEE PRINT SHOWING THE AMENDMENTS ADOPTED BY THE SUBCOMMITTEE ON CAPITAL MARKETS, INSURANCE, AND GOVERNMENT SPONSORED ENTERPRISES); AND (3) A COMMITTEE PRINT ENTITLED "VIEWS AND ESTIMATES OF THE COMMITTEE ON FINANCIAL SERVICES ON MATTERS TO BE SET FORTH IN THE CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2005"

Wednesday, February 25, 2004

Committee Action Report

Views and Estimates of the Committee on Financial Services on Matters to be set forth in the Concurrent Resolution on the Budget for Fiscal Year 2005 -- Final Version

A resolution electing Minority members to the subcommittees of the Committee on Financial Services was AGREED TO by a voice vote.

"Views and Estimates of the Committee on Financial Services on Matters to be set forth in the Concurrent Resolution on the Budget for Fiscal Year 2005" was approved by the Committee and ordered forwarded to the Committee on the Budget, as amended, by a voice vote. (unamended text)

An amendment offered by Mr. Frank to the "Views and Estimates of the Committee on Financial Services on Matters to be Set Forth in the Concurrent Resolution on the Budget for Fiscal Year 2005" was AGREED TO by a recorded vote of 34 ayes to 26 nays.

An amendment offered by Mr. Gutierrez to the "Views and Estimates of the Committee on Financial Services on Matters to be Set Forth in the Concurrent Resolution on the Budget for Fiscal Year 2005" was AGREED TO by a recorded vote of 34 ayes to 28 nays.

H.R. 2179, "The Securities Fraud Deterrence and Investor Restitution Act of 2003" (committee print showing subcommittee amendments)

An amendment in the nature of a substitute offered by Mr. Oxley , no. 1, was AGREED TO, as amended, by a voice vote.

An amendment to the amendment in the nature of a substitute offered by Mr. Frank, no. 1a, was AGREED TO by a voice vote.

An amendment to the amendment in the nature of a substitute offered by Mr. Castle, no. 1b, was AGREED TO by a voice vote.

An amendment to the amendment in the nature of a substitute offered by Mr. Baker, no. 1c, was WITHDRAWN.

An amendment to the amendment in the nature of a substitute offered by Mr. Gillmor, no. 1d, was AGREED TO by a voice vote.

An amendment to the amendment in the nature of a substitute offered by Mr. Shadegg, no. 1e, was AGREED TO by a voice vote.

An amendment to the amendment in the nature of a substitute offered by Ms. Harris, no. 1f, was NOT AGREED TO by a voice vote.

An amendment to the amendment in the nature of a substitute offered by Mr. Hensarling, no. 1g, was NOT AGREED TO by a recorded vote of 18 ayes to 29 nays.

An amendment to the amendment in the nature of a substitute offered by Ms. Harris, no. 1h, was NOT AGREED TO by a voice vote.

An amendment to the amendment in the nature of a substitute offered by Mr. Miller, no. 1i, was AGREED TO by a voice vote.