The Committee on Rules is likely to meet the week of September 5th to grant a rule that may provide a structured amendment process for floor consideration of H.R. 5424, the Investment Advisers Modernization Act of 2016.
Any Member wishing to offer an amendment must submit a searchable electronic copy of the amendment, which should be provided by the Office of Legislative Counsel, via the Rules Committee’s website. Members must also submit 30 hard copies of the amendment, one copy of a brief explanation of the amendment, and an amendment login form to the Rules Committee in room H-312 of the Capitol by 10:00 a.m. on Tuesday, September 6, 2016. Both electronic and hard copies must be received by the date and time specified. Members should draft their amendments to the text of the bill, as reported by the Committee on Financial Services, which is available on the Rules Committee website.
Members should use the Office of Legislative Counsel to ensure that their amendments are drafted in the most appropriate format. Members should also check with the Congressional Budget Office for a preliminary assessment of their amendments’ budgetary effects. Finally, Members should check with the Office of the Parliamentarian and the Committee on the Budget to be certain their amendments comply with the rules of the House and the Congressional Budget Act. If you have any questions, please contact myself or Nate Blake of the Committee staff at 225-9191.