Mr. Speaker, I reserve a point of order. The SPEAKER pro tempore. A point of order is reserved. The Clerk will report the motion to recommit. The Clerk read as follows: Mrs. Torres moves to recommit the bill H.R. 5424 to the Committee on Financial Services with instructions to report the same back to the House forthwith with the following amendment: Add at the end the following: SEC. 8. REPORT ON EMERGENCY VEHICLE RESPONSE TIMES OF COMPANIES OWNED BY PRIVATE FUNDS. (a) In General.--Section 204(b) of the Investment Advisers Act of 1940 (15 U.S.C. 80b-4(b)) is amended by adding at the end the following: ``(12) Report on emergency vehicle response times of companies owned by private funds.-- ``(A) In general.--Each investment adviser required to file annual or other reports under this section and who advises a private fund that owns a controlling interest in an emergency services company shall, not less often than annually, disclose to the Commission-- ``(i) the change in the average response time of emergency vehicles since the private fund acquired a controlling interest in the emergency services company, disaggregated by the response times of emergency vehicles deployed to-- ``(I) rural areas; and ``(II) urban areas; ``(ii) if a required response time is established by a contract for emergency services between the emergency services company and a unit of local government or by an ordinance of a unit of local government, the percentage of response times of emergency vehicles d…
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More from Jeb Hensarling
Mr. Speaker, I yield 2 minutes to the gentleman from Michigan (Mr. Huizenga), the chairman of the Capital Markets, Securities, and Investments Subcommittee, the real leader of this capital formation package on the Republican side of the…
Mr. Speaker, I yield 2 minutes to the gentleman from Michigan (Mr. Huizenga), who is the chairman of our Capital Markets, Securities, and Investments Subcommittee.
Mr. Speaker, I yield myself the balance of my time. Indeed, Mr. Speaker, some would say the ranking member and I can't agree even on the time of day. I was told when this debate started that thunderstorms came over Washington, D.C., it was…
Frankly, Congress hasn't spoken on issues like this since 1930. We have just been frozen out of the process on an issue that can impact the entire world.





