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Latest Update: Saturday, October, 11th 2008
To provide for greater responsibility in lending and expanded cancellation of debts owed to the United States and the international financial institutions by low-income countries, and for other purposes. 4/16/2008--Passed House amended. (There are 2 other summaries) Jubilee Act for Responsible Lending and Expanded Debt Cancellation of 2008 - (Sec. 3) Amends the International Financial Institutions Act to direct the Secretary of the Treasury, within the Paris Club of Official Creditors, the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (World Bank), and other defined international financial institutions, to negotiate an agreement to accomplish the following: (1) debt cancellation of eligible low-income countries to such institutions (without undermining their financial integrity) and to the United States; (2) ensuring that the provision of debt cancellation to eligible low-income countries is not followed [...] show full description
- 04/24/2008 - Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
- 04/23/2008 - CLERK TO CORRECT AUTHORITY - Mr. Bachus asked unanimous consent that in the engrossment of H.R. 2634, the Clerk be directed to execute the second instruction in the amendment conveyed by the motion to recommit as though it read "all that follows on that line" rather than "all that follows". Agreed to without objection.
- 04/16/2008 - Rule H. Res. 1103 passed House.
- 04/16/2008 - Considered under the provisions of rule H. Res. 1103. (consideration: CR H2376-2394)
- 04/16/2008 - Rule provides for consideration of H.R. 2634 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.
show all actions- 04/24/2008 - Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
- 04/23/2008 - CLERK TO CORRECT AUTHORITY - Mr. Bachus asked unanimous consent that in the engrossment of H.R. 2634, the Clerk be directed to execute the second instruction in the amendment conveyed by the motion to recommit as though it read "all that follows on that line" rather than "all that follows". Agreed to without objection.
- 04/16/2008 - Rule H. Res. 1103 passed House.
- 04/16/2008 - Considered under the provisions of rule H. Res. 1103. (consideration: CR H2376-2394)
- 04/16/2008 - Rule provides for consideration of H.R. 2634 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.
- 04/16/2008 - House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 1103 and Rule XVIII.
- 04/16/2008 - The Speaker designated the Honorable Ed Pastor to act as Chairman of the Committee.
- 04/16/2008 - GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 2634.
- 04/16/2008 - H.AMDT.991 Amendment (A001) offered by Mr. Frank (MA). (consideration: CR H2387-2388, H2390) An amendment numbered 1 printed in House Report 110-586 to make various technical corrections within the bill's `Findings' section, and adds under the eligibility criteria the requirement that a country must also be complying with minimum standards for eliminating human trafficking; must be cooperating with American efforts to stop illegal immigration to the United States; and be committed to free and fair elections.
- 04/16/2008 - H.AMDT.991 Frank (MA) amendment (A001) modified by unanimous consent. Modification made clarifying changes to the amendment as offered. (text as modified: CR H2387)
- 04/16/2008 - DEBATE - Pursuant to the provisions of H. Res. 1103, the Committee of the Whole proceeded with 10 minutes of debate on the Frank (MA) amendment.
- 04/16/2008 - POSTPONED PROCEEDINGS - At the end of debate on the Frank (MA) amendment, the Chair put the question on adoption of the amendment, and by voice vote, announced that the ayes had prevailed. Mr. Frank (MA) demanded a recorded vote and the Chair postponed further proceedings on the question until later in the legislative day.
- 04/16/2008 - H.AMDT.992 Amendment (A002) offered by Mr. Rohrabacher. (consideration: CR H2388-2389, H2390-2391; text: CR H2388) An amendment numbered 2 printed in House Report 110-586 to add a provision to Section 1626, defining an `eligible low-income country' to include that the government shall have been chosen by, and permits, free elections.
- 04/16/2008 - H.AMDT.991 Amendment (A001) offered by Mr. Frank (MA). (consideration: CR H2387-2388, H2390) Amendment made various technical corrections within the bill's "Findings" section, and added under the eligibility criteria the requirement that a country must be complying with minimum standards for eliminating human trafficking; cooperating with American efforts to stop illegal immigration to the United States and be committed to free and fair elections.
- 04/16/2008 - DEBATE - Pursuant to the provisions of H. Res. 1109, the Committee of the Whole proceeded with ten minutes of debate on the Rohrabacher amendment.
- 04/16/2008 - H.AMDT.992 Amendment (A002) offered by Mr. Rohrabacher. (consideration: CR H2388-2389, H2390-2391; text: CR H2388) Amendment added language defining an "eligible low-income country" as one in which its government shall have been chosen by, and permits, free elections.
- 04/16/2008 - POSTPONED PROCEEDINGS - At the end of debate on the Rohrabacher amendment, the Chair put the question on adoption of the amendment, and by voice vote, announced that the ayes had prevailed. Mr. Rohrabacher demanded a recorded vote and the Chair postponed further proceedings on the question until later in the legislative day.
- 04/16/2008 - H.AMDT.993 Amendment (A003) offered by Mr. Hastings (FL). (consideration: CR H2389-2390; text: CR H2389) Amendment expressed the sense of the Congress that, due to the current humanitarian and political instability in Haiti, including food shortages and political turmoil, the Secretary of the Treasury should use his influence to expedite the complete and immediate cancellation of Haiti's debts to all international financial institutions, or if such debt cancellation cannot be provided, to urge the institutions to immediately suspend the requirement that Haiti make further debt service payments on debts owed to the institutions.
- 04/16/2008 - H.AMDT.993 Amendment (A003) offered by Mr. Hastings (FL). (consideration: CR H2389-2390; text: CR H2389) An amendment numbered 3 printed in House Report 110-586 to add a Sense of the Congress that, due to the current humanitarian and political instability in Haiti, including food shortages and political turmoil, the Secretary of the Treasury should use his influence to expedite the complete and immediate cancellation of Haiti's debts to all international financial institutions, or if such debt cancellation cannot be provided, to urge the institutions to immediately suspend the requirement that Haiti make further debt service payments on debts owed to the institutions.
- 04/16/2008 - H.AMDT.994 Amendment (A004) offered by Mr. Frank (MA). (consideration: CR H2393-2394; text: CR H2393) (See item 357 for amendment explanation.).
- 04/16/2008 - DEBATE - Pursuant to the provisions of H. Res. 1103, the Committee of the Whole proceeded with ten minutes of debate on the Hastings (FL) amendment.
- 04/16/2008 - H.AMDT.993 On agreeing to the Hastings (FL) amendment (A003) Agreed to by voice vote.
- 04/16/2008 - H.AMDT.991 On agreeing to the Frank (MA) amendment (A001) as modified Agreed to by recorded vote: 424 - 0 (Roll no. 196). (text as modified: CR H2387)
- 04/16/2008 - UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of the Rohrabacher amendment, which had been debated earlier and on which further proceedings had been postponed.
- 04/16/2008 - H.AMDT.992 On agreeing to the Rohrabacher amendment (A002) Agreed to by recorded vote: 382 - 41, 2 Present (Roll no. 197).
- 04/16/2008 - The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2634.
- 04/16/2008 - The previous question was ordered pursuant to the rule. (consideration: CR H2391)
- 04/16/2008 - 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: CR H2385-2387)
- 04/16/2008 - Mr. Diaz-Balart, M. moved to recommit with instructions to Financial Services. (consideration: CR H2391-2393; text: CR H2391)
- 04/16/2008 - DEBATE - The House proceeded with ten minutes of debate on the Mario Diaz-Balart motion to recommit with instructions. The instructions contained in the motion seek to add language to the bill that excludes any country whose government has business interests with Iran.
- 04/16/2008 - The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H2392)
- 04/16/2008 - On motion to recommit with instructions Agreed to by the Yeas and Nays: 291 - 130, 1 Present (Roll no. 198).
- 04/16/2008 - H.AMDT.994 Amendment (A004) offered by Mr. Frank (MA). (consideration: CR H2393-2394; text: CR H2393) An amendment to exclude any country whose government has business interests with Iran.
- 04/16/2008 - H.AMDT.994 On agreeing to the Frank (MA) amendment (A004) Agreed to by voice vote.
- 04/16/2008 - On passage Passed by recorded vote: 285 - 132 (Roll no. 199).
- 04/16/2008 - Motion to reconsider laid on the table Agreed to without objection.
- 04/16/2008 - H.AMDT.991 Amendment (A001) offered by Mr. Frank (MA). (consideration: CR H2387-2388, H2390) Amendment makes various technical corrections within the bill's "Findings" section, and adds under the eligibility criteria the requirement that a country must also be complying with minimum standards for eliminating human trafficking; must be cooperating with American efforts to stop illegal immigration to the United States; and be committed to free and fair elections.
- 04/16/2008 - H.AMDT.992 Amendment (A002) offered by Mr. Rohrabacher. (consideration: CR H2388-2389, H2390-2391; text: CR H2388) Amendment adds a provision to Section 1626, defining an "eligible low-income country" to include that the government shall have been chosen by, and permits, free elections.
- 04/16/2008 - H.AMDT.993 Amendment (A003) offered by Mr. Hastings (FL). (consideration: CR H2389-2390; text: CR H2389) Amendment adds a Sense of the Congress that, due to the current humanitarian and political instability in Haiti, including food shortages and political turmoil, the Secretary of the Treasury should use his influence to expedite the complete and immediate cancellation of Haiti's debts to all international financial institutions, or if such debt cancellation cannot be provided, to urge the institutions to immediately suspend the requirement that Haiti make further debt service payments on debts owed to the institutions.
- 04/14/2008 - Rules Committee Resolution H. Res. 1103 Reported to House. Rule provides for consideration of H.R. 2634 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.
- 04/10/2008 - Reported (Amended) by the Committee on Financial Services. H. Rept. 110-575.
- 04/10/2008 - Placed on the Union Calendar, Calendar No. 354.
- 04/03/2008 - Committee Consideration and Mark-up Session Held.
- 04/03/2008 - Ordered to be Reported (Amended) by Voice Vote.
- 11/08/2007 - Subcommittee on Domestic and International Monetary Policy, Trade, and Technology Discharged.
- 11/08/2007 - Committee Hearings Held.
- 07/17/2007 - Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
- 06/07/2007 - Sponsor introductory remarks on measure. (CR E1244-1245)
- 06/07/2007 - Referred to the House Committee on Financial Services.
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