Some facts about the bailout bill
HR 1424, the final economic stimulus bill, can be found on GovTrack. In an effort to speed the parliamentary process up, the Senate co-oped a previous unenacted bill, variously titled the Paul Wellstone Mental Health and Addiction Equity Act of 2007 and the Genetic Information Nondiscrimination Act of 2008. They replaced the entire text of the bill with the stimulus bill using an amendment. Two votes took place in the Senate, first to pass the amendment and then to pass the amended bill: the votes, both on Oct. 1, came out the same. Because the House had previously passed the bill in its prior life as a mental health bill, the House had, well, already passed the bill. But since the Senate had made changes following the House’s approval, the House was required to agree to the Senate amendment, which it did on Oct. 3. The same day the President signed the bill and it became law.
Prior to the Senate’s action, the House attempted a bill of its own. Actually, it attempted to co-opt a bill as well in order to speed-up the parliamentary process. It wanted to co-opt H.R. 3997, Defenders of Freedom Tax Relief Act of 2007. The House voted on an amendment to replace the text of that bill with their stimulus bill, but the vote failed, leaving the bill unchanged.
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Tags: bailout bill, congress, economic crisis, economic stimulus bill, genetic information nondiscrimination act, h.r. 1424, h.r. 3997, paul wellstone mental health and addiction equity act o, senate, tax relief act
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