/  H.R. 5424—Investment Advisers Modernization Act of 2016

H.R. 5424 - Investment Advisers Modernization Act of 2016

Bill Text

  • Text of H.R. 5424 PDF XML

    Investment Advisers Modernization Act of 2016 (as reported) 

  • H. Rept. 114-698 PDF

    Report from the Committee on Financial Services

Rule Information

COMMITTEE ACTION:
REPORTED BY RECORD VOTE of 9-2 on Tuesday, September 6, 2016.

FLOOR ACTION ON H. RES. 844: 
Agreed to by record vote of 237-181, after agreeing to the previous question by record vote of 238-180, on Thursday, September 8, 2016.  

MANAGERS:Sessions/Polis

1. Structured rule for H.R. 2357.

2. Provides one hour of general debate equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services.

3. Waives all points of order against consideration of the bill.

4. Makes in order as original text for the purpose of amendment an amendment in the nature of a substitute consisting of the text of Rules Committee Print 114-62 and provides that it shall be considered as read.

5.Waives all points of order against that amendment in the nature of a substitute.

6. Makes in order only those further amendments printed in part A of the Rules Committee report. Each such amendment may be offered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question.

7. Waives all points of order against the amendments printed in part A of the report.

8. Provides one motion to recommit with or without instructions.

9. Structured rule for H.R. 5424.

10. Provides one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Financial Services.

11. Waives all points of order against consideration of the bill.

12. Provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill shall be considered as adopted, and the bill, as amended, shall be considered as read.

13. Waives all points of order against provisions in the bill, as amended.

14. Makes in order only the further amendment printed in part B of the Rules Committee report, if offered by the Member designated in the report, which shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question.

15. Waives all points of order against the amendment printed in part B of the report.

16. Provides one motion to recommit with or without instructions.

Amendments (click headers to sort)

#Version #Sponsor(s)PartySummaryStatus
1Version 1Foster (IL)DemocratLate Removes provisions related to brochure delivery and the requirement for annual audits at select private funds.Made In Order