Once members approve the rule for the bill, they'll move to as much as six hours of debate on it, divided between GOP and Democratic members of the House committees on Energy and Commerce, Judiciary and Ways and Means.
Following debate, members will consider six amendments to the bill. Roll call votes on these amendments and final passage of the bill itself are expected Thursday.
The Senate meets at 9:30 a.m., and after morning speeches will resume consideration of the House-passed Jumpstart Our Business Startups (JOBS) Act. Senators rejected two Democratic amendments to that bill on Tuesday, and at some point Wednesday will hold a cloture vote on the unaltered House version.
Senate Majority Leader Harry ReidHarry Mason ReidDemocrats brace for tough election year in Nevada The Memo: Biden's horizon is clouded by doubt Fight over Biden agenda looms large over Virginia governor's race MORE (D-Nev.) also filed a cloture motion on the House-passed bill clarifying that members of Congress cannot use non-public information to enrich themselves through equity trades. The cloture motion is on the House amendment to S. 2038, which removed language that would have required political intelligence consultants to register as lobbyists.