Bill > HRes429

This Resolution sets the rules for considering two bills in the House of Representatives: H.R. 3309, which aims to make improvements and technical corrections to patent law, specifically Title 35 of the U.S. Code and the Leahy-Smith America Invents Act (a significant piece of legislation that reformed U.S. patent law), and H.R. 1105, which would amend the Investment Advisers Act of 1940 to create an exemption from registration for advisers to private equity funds, which are investment funds that pool capital from investors to acquire and manage companies. For H.R. 3309, the Resolution allows for one hour of debate, waives all points of order against its consideration and against a specific substitute amendment, and limits further amendments to those printed in the Rules Committee report, with strict rules for their offering and debate. For H.R. 1105, the Resolution waives all points of order against its consideration, deems a specific substitute amendment as adopted, waives points of order against the amended bill, and allows for one hour of debate, one specific amendment, and one motion to recommit before final passage.