Providing for consideration of the bill (H.R. 3521) to amend the Congressional Budget and Impoundment Control Act of 1974 to provide for a legislative line-item veto to expedite consideration of rescissions, and for other purposes.

Motion to reconsider laid on the table Agreed to without objection.

On agreeing to the resolution Agreed to by the Yeas and Nays: 238 - 175 (Roll no. 44). (text: CR H593)

Passed/agreed to in House: On agreeing to the resolution Agreed to by the Yeas and Nays: 238 - 175 (Roll no. 44).(text: CR H593)

On ordering the previous question Agreed to by the Yeas and Nays: 240 - 184 (Roll no. 43). (consideration: CR H601)

DEBATE - The House proceeded with one hour of debate on H. Res. 540.

Considered as privileged matter. (consideration: CR H593-602)

Placed on the House Calendar, Calendar No. 111.

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 Committee on Rules reported an original measure, H. Rept. 112-389, by Mr. Woodall.

Introduced in House