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TO AGREE TO A SUBSTITUTE FOR THE MOORHEAD SUBSTITUTE TO H.R. (SEE RC 1743). THE QUAYLE AMENDMENT SOUGHT TO PROVIDE $1.25 BILLION IN FEDERAL LOAN GUARANTEES, $1.14 BILLION IN CONCESSIONS FROM CHRYSLER PERSONNEL, AND $1.14 BILLION IN NONFEDERALLY GUARANTEED ASSISTANCE; TO REQUIRE $250 MILLION IN NEWLY ISSUED COMMON STOCK TO AN EMPLOYEE STOCK OWNERSHIP PLAN; AND TO REQUIRE A THREE MEMBER RATHER THAN A FIVE MEMBER LOAN GUARANTEE BOARD. (MOTION FAILED).

This vote was related to a bill introduced by Rep. William Moorhead [D-PA14, 1963-1980] on November 9, 1979, H.R. 5860 (96th): Chrysler Corporation Loan Guarantee Act of 1979.

Totals

All Votes D R
Yea 25%
 
 
107
15
 
92
 
Nay 68%
 
 
296
242
 
54
 
Not Voting 7%
 
 
30
17
 
13
 

Date: Dec 18, 1979

Required: unknown

Result: unknown

Source: VoteView.com

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Notes: The Speaker’s Vote? Accuracy of Historical Records “Aye” or “Yea”?
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