Bill > HRes661

This Resolution sets the rules for how the House of Representatives will consider two important bills. First, it allows for the consideration of H.R. 5016, a bill that makes appropriations, meaning it allocates money, for financial services and general government for the fiscal year ending September 30, 2015. This includes waiving certain procedural objections to its consideration and limiting debate time. Second, it allows for the consideration of H.R. 4718, a bill that amends the Internal Revenue Code of 1986 to modify and make permanent "bonus depreciation," a tax break that allows businesses to deduct a larger portion of the cost of certain new or used assets in the year they are placed in service. For both bills, the Resolution waives most points of order, which are procedural objections that can delay or block a bill, and sets specific rules for debate and amendments, ultimately aiming to move them towards final passage.