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House Proceeding 07-31-09 on Jul 31st, 2009 :: 0:01:25 to 0:05:25
Total video length: 8 minutes Stream Tools: Stream Overview | Edit Time

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Pete Sessions

0:01:21 to 0:01:43( Edit History Discussion )

Pete Sessions: gentleman opposed to the bill? mr. sessions: i am. the speaker pro tempore: the clerk will report the motion. mr. sessions: i ask unanimous consent to consider e motion as read. there objection? so orded. pursuant to the rule, gentleman from texas is recognized in five -- for five minutes in support of his motion.

Pete Sessions

0:01:25 to 0:05:25( Edit History Discussion )
Speech By: Pete Sessions

Pete Sessions

0:01:44 to 0:02:04( Edit History Discussion )

Pete Sessions: the gentlemanill suspend. the house will be in order gentleman from texas deser to be heard. the gentleman from texas. mr. sessions: thank you, mr. speaker. i would like to preempt a common protest by the gentleman, my friend from massachusetts and let my colleagues know that this

Pete Sessions

0:02:05 to 0:02:27( Edit History Discussion )

Pete Sessions: motion will not kill the bill. in fact, it will not even send it back to committee. we have the authority right here, right now to provide for the appropriate transparency and accountability just passed by this motion. the legithat the democrat majority has brought before the house today forces

Pete Sessions

0:02:23 to 0:02:48( Edit History Discussion )

Pete Sessions: every publicly held company to bear the cost of administering a toothless, non-binding shareholder vote o packages during every proxy vote. this motion to recommit would improve this intervenous legislation by providing sunshine and transparency for

Pete Sessions

0:02:56 to 0:03:08( Edit History Discussion )

Pete Sessions: shareholders so there's full disclosure about who is financing efforts to influence a vote on this new congressionally mandated, non-binding shareholder resolution. lution. let me give an example of a substantially similar disclosure requirement that every member of this body

Pete Sessions

0:03:11 to 0:03:31( Edit History Discussion )

Pete Sessions: understands because it's already a current practice. mr. speaker, the house is not in order. the speaker pro tempore: the gentleman is correct. the house is not in order. members please take thew conversations off the floor. the gentleman from texas. mr. sessions: as federal candidates, we are obligated to

Pete Sessions

0:03:32 to 0:03:54( Edit History Discussion )

Pete Sessions: disclose to the s.e.c. the name, occupation and amount given from each of our donors. we require t interest is advanced by letting voters know who funds each candidate's campaigns. mr. speaker, the house is not in order. the speaker pro tempore: the

Pete Sessions

0:03:55 to 0:04:15( Edit History Discussion )

Pete Sessions: gentleman is correct. the gentleman from texas. mr. sessions: my motion asks for the same disclosure so that shareholders know what persons or organizations are spending money to influence the new mandatory, nonbinding vote. the purpose of this motion is

Pete Sessions

0:04:16 to 0:04:36( Edit History Discussion )

Pete Sessions: not to impede the ability of organizations to influence the vote. if they hold shares in stock, they will be able to express their opinion. the point of the motion is to simply provide voters in this -- voters, in this case shareholders, ess to information about who is spending money and what are they attempting to influence

Pete Sessions

0:04:37 to 0:04:45( Edit History Discussion )

Pete Sessions: with their vote. my motion tasks the s.e.c. with setting a minimal level of spending with collected important information about anyone or any organization that

Pete Sessions

0:04:58 to 0:05:18( Edit History Discussion )

Pete Sessions: influence a vote, including who spent the money, who what they spent it on and how much they're influencvotes of other shareholders. this provides transparency for shareholder elections. if we believe voters deserve this information, we should give to shareholders this same level of traparency.

Pete Sessions

0:05:19 to 0:05:25( Edit History Discussion )

Pete Sessions: once again, i'd like to make it clear that this legislation will not kill the bill as its opponents might claim.

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