Following any Leader remarks, the Senate will be in a period of morning business for one hour with Senators permitted to speak for up to 10 minutes each, with the time equally divided and controlled between the two Leaders or their designees, with the Majority controlling the first half and the Republicans controlling the final half.
Following morning business on Wednesday, June 8th, the Senate will resume consideration of S.782, the Economic Development Revitalization Act, with the time until 2pm equally divided between the proponents and opponents of the Tester amendment #392 regarding swipe fees.
At 2:00pm, the Durbin amendment #393 will be withdrawn and the Senate will conduct a roll call vote in relation to the Tester amendment #392. The amendment will be subject to a 60-vote threshold. No amendments, motions or points of order in order prior to the vote other than budget points of order and the applicable motions to waive are in order.
The following amendments are currently pending to S.782, the Economic Development Act: – McConnell for Snowe amendment #390 (regulatory reform) – DeMint amendment #394 (to repeal Dodd-Frank Wall Street Reform and Consumer Protection Act) -Paul amendment #414 (to increase debt limit by $2.406 trillion) -Cardin amendment #407 (prohibition on interest charges for on-time principal payments) – Merkley amendment #428 (mortgage servicing)