Committee on Financial Services

MEETING TO COMPLETE CONSIDERATION OF H.R. 3574, THE STOCK OPTION ACCOUNTING REFORM ACT (COMMITTEE PRINT SHOWING SUBCOMMITTEE AMENDMENTS)

Tuesday, June 15, 2004

Committee Action Report

H.R. 3574, "Stock Option Accounting Reform Act" (as adopted by the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises)

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. Sherman, no. 1a, was NOT AGREED TO by a recorded vote of 14 ayes and 43 nays.

An amendment to the amendment in the nature of a substitute offered by Mr. Sherman, 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 AGREED TO by a voice vote.

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 Sherman, no. 1d, was WITHDRAWN.

An amendment to the amendment in the nature of a substitute offered by Mrs. Maloney, no. 1e, was NOT AGREED TO by a recorded vote of 14 ayes and 45 nays.

An amendment to the amendment in the nature of a substitute offered by Mr. Sherman, no. 1f, was NOT AGREED TO by a recorded vote of 12 ayes and 47 nays.

Substitute amendment to the amendment in the nature of a substitute offered by Mr. Kanjorski, no. 1g, was NOT AGREED TO by a voice vote.

H.R. 3574 was ordered reported to the House with a favorable recommendation, as amended, by a recorded vote of 45 ayes and 13 nays.