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House Financial Services Committee adopts substitute, rejects dozens of amendments and transmits committee print to Budget Committee
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Summary
After rejecting dozens of individual amendments, the House Financial Services Committee adopted an amendment in the nature of a substitute to its committee print and voted 30-22 to transmit the print to the House Committee on the Budget under a reconciliation directive (H.Con.Res.14).
During a committee markup session (date not specified), the House Financial Services Committee adopted an amendment in the nature of a substitute to its committee print and, after defeating dozens of individual amendments, voted 30-22 to transmit the committee print to the House Committee on the Budget to comply with the reconciliation directive in H.Con.Res.14.
The committee began a series of postponed roll-call votes after the ranking member made a recognition. “The committee will now take the postponed votes on the pending amendments to the amendment in the nature of a substitute to the committee print,” the chair said before members voted electronically on each amendment.
Clerk tallies reported that the committee rejected 36 separate amendment proposals offered by members from both parties; reported vote results for those failed amendments ranged from 21 to 22 ayes and from 28 to 31 nays, depending on the specific amendment. Identifiers called by the clerk during votes included, among others, EHVS (Waters), HCRA (Waters), Vasquez 021, Green 029, Holmes CDBG (Williams), Liccardo 014, Peterson 029, Foster 027–030, Himes g10, Bynum G04/G05/G09, Presley g07/g08/g18/g19, Vargas g16, Sherman 41 and others. On each of those roll-call votes, the clerk announced that a majority had voted against the amendment and that the amendment “is not agreed to.”
Following the sequence of failed amendments, the committee proceeded to a voice vote on the amendment in the nature of a substitute to the committee print. The chair called for aye and nay responses and ruled, “In the opinion of the chair, the ayes have it,” declaring the amendment in the nature of substitute adopted.
The chair then moved that the committee transmit the committee print and accompanying materials, including any supplemental or dissenting views, to the House Committee on the Budget “in order to comply with the reconciliation directive included in section 2001 of the concurrent resolution on the budget for fiscal year 2025, H.Con.Res.14, and consistent with the Congressional Budget and Impoundment Control Act of 1974.” A recorded electronic vote was ordered at members’ request; the clerk reported the recorded result as 30 ayes and 22 nays. The committee ordered the committee print transmitted to the Budget Committee.
The committee authorized staff to make necessary conforming changes to the committee print and provided members the requisite days to file supplemental, minority, additional or dissenting views under House rules. With no further business, the chair adjourned the committee.
