Expedited Legislative Line-Item Veto and Rescissions Act of 2012

Introduced in House

Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

House Committee on Rules Granted an extension for further consideration ending not later than Feb. 3, 2012.

Reported (Amended) by the Committee on Rules. H. Rept. 112-364, Part II.

Rules Committee Resolution H. Res. 540 Reported to House. Rule provides for consideration of H.R. 3521 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Measure will be considered read. Specified amendments are in order. The resolution waives all points of order against consideration of the bill and amendment in the nature of a substitute. The resolution makes in order as original text for purpose of amendment the amendment in the nature of a substitute consisting of the text of Rules Committee print 112-12. The resolution provides that it shall be in order at any time through the legislative day of February 9, 2012, for the Speaker to entertain motions that the House suspend the rules, as though under clause 1(c) of rule XV, relating to a measure addressing securities trading based on nonpublic information.

The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. (text of amendment in the nature of a substitute: CR H611-613)

Received in the Senate and Read twice and referred to the Committee on the Budget.

Passed/agreed to in House: On passage Passed by recorded vote: 254 - 173 (Roll no. 46).