Amendment requires the Federal Open Market Committee to use fully revised data rather than the initial readings that are first available.
What it does: 3 changes: strikes text, replaces text, inserts textDescription
An amendment numbered 2 printed in Part C of House Report 114-341 to require FOMC to use fully revised data rather than the initial readings that are first available.
What it changes
3 changes to H.R. 3189
Change 1: Strikes “and”
Struck: and
Original wording
Page 6, line 25, strike “and”.
Change 2: Replaces the period at the end of page 7, line 3 with “; and”
ReplacesPrinted page…
[struck: .][inserted: ; and]Original wording
Page 7, line 3, strike the period at the end and insert “; and”.
Change 3: Inserts new text on page 7, line 3
InsertsPrinted pageInserted: (9) include a plan to use the most accurate data, subject to all historical revisions, for inputs into the Directive Policy Rule and the Reference Policy Rule.
Original wording
Page 7, after line 3, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Page 6, line 25, strike “and”.
Page 7, line 3, strike the period at the end and insert “; and”.
Page 7, after line 3, insert the following:
“(9) include a plan to use the most accurate data, subject to all historical revisions, for inputs into the Directive Policy Rule and the Reference Policy Rule.”.
Legislative Activity
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House amendment offered
November 18, 2015
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House amendment offered
November 18, 2015
Amendment agreed to Committee of the Whole
November 18, 2015 • 6:57 PM
House amendment agreed to: On agreeing to the Heck (WA) amendment (A002) Agreed to by voice vote.
November 18, 2015 • 6:57 PM
House amendment offered/reported by : Amendment (A002) offered by Mr. Heck (WA).(consideration: CR H8338-8339; text: CR H8339)
November 18, 2015 • 6:52 PM
Amendment (A002) offered by Mr. Heck (WA). (consideration: CR H8338-8339; text: CR H8339)
November 18, 2015 • 6:52 PM
On agreeing to the Heck (WA) amendment (A002) Agreed to by voice vote.
November 18, 2015 • 6:57 PM