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"party_code": 200, "img": "014900.jpg", "state_abbrev": "NY", "district": ""}, {"icpsr": 14508, "prob": 30, "vote": "Nay", "paired_flag": 0, "vote_modifier": "", "x": -0.301, "y": -0.414, "name": "MOYNIHAN, Daniel Patrick", "seo_name": "daniel-patrick-moynihan", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "014508.jpg", "state_abbrev": "NY", "district": ""}, {"icpsr": 49304, "prob": 92, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.709, "y": 0.5, "name": "FAIRCLOTH, Duncan McLauchlin (Lauch)", "seo_name": "duncan-mclauchlin-lauch-faircloth", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "049304.jpg", "state_abbrev": "NC", "district": ""}, {"icpsr": 14105, "prob": 92, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.631, "y": 0.776, "name": "HELMS, Jesse", "seo_name": "jesse-helms", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "014105.jpg", "state_abbrev": "NC", "district": ""}, {"icpsr": 15502, "prob": 50, "vote": "Nay", "paired_flag": 0, "vote_modifier": "", "x": -0.296, "y": 0.582, "name": "CONRAD, Kent", "seo_name": "kent-conrad", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "015502.jpg", "state_abbrev": "ND", "district": ""}, {"icpsr": 14812, "prob": 35, "vote": "Nay", "paired_flag": 0, "vote_modifier": "", "x": -0.267, "y": 0.09, "name": "DORGAN, Byron Leslie", "seo_name": "byron-leslie-dorgan", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "014812.jpg", "state_abbrev": "ND", "district": ""}, {"icpsr": 15020, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.289, "y": -0.418, "name": "DeWINE, Michael", "seo_name": "michael-dewine", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "015020.jpg", "state_abbrev": "OH", "district": ""}, {"icpsr": 14304, "prob": 31, "vote": "Nay", "paired_flag": 0, "vote_modifier": "", "x": -0.262, "y": -0.067, "name": "GLENN, John Herschel, Jr.", "seo_name": "john-herschel-glenn-jr", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "014304.jpg", "state_abbrev": "OH", "district": ""}, {"icpsr": 15424, "prob": 96, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.552, "y": 0.045, "name": "INHOFE, James Mountain", "seo_name": "james-mountain-inhofe", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "015424.jpg", "state_abbrev": "OK", "district": ""}, {"icpsr": 14908, "prob": 96, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.52, "y": 0.111, "name": "NICKLES, Donald Lee", "seo_name": "donald-lee-nickles", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "014908.jpg", "state_abbrev": "OK", "district": ""}, {"icpsr": 49705, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.192, "y": -0.21, "name": "SMITH, Gordon Harold", "seo_name": "gordon-harold-smith", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "049705.jpg", "state_abbrev": "OR", "district": ""}, {"icpsr": 14871, "prob": 66, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": -0.335, "y": -0.485, "name": "WYDEN, Ronald Lee", "seo_name": "ronald-lee-wyden", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "014871.jpg", "state_abbrev": "OR", "district": ""}, {"icpsr": 29141, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.338, "y": -0.234, "name": "SANTORUM, Richard John (Rick)", "seo_name": "richard-john-rick-santorum", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "029141.jpg", "state_abbrev": "PA", "district": ""}, {"icpsr": 14910, "prob": 96, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.068, "y": -0.627, "name": "SPECTER, Arlen", "seo_name": "arlen-specter", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "014910.jpg", "state_abbrev": "PA", "district": ""}, {"icpsr": 14500, "prob": 95, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.084, "y": -0.996, "name": "CHAFEE, John Hubbard", "seo_name": "john-hubbard-chafee", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "014500.jpg", "state_abbrev": "RI", "district": ""}, {"icpsr": 29142, "prob": 56, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": -0.36, "y": -0.154, "name": "REED, John F. (Jack)", "seo_name": "john-f-jack-reed", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "029142.jpg", "state_abbrev": "RI", "district": ""}, {"icpsr": 11204, "prob": 43, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": -0.293, "y": 0.925, "name": "HOLLINGS, Ernest Frederick (Fritz)", "seo_name": "ernest-frederick-fritz-hollings", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "011204.jpg", "state_abbrev": "SC", "district": ""}, {"icpsr": 9369, "prob": 96, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.391, "y": 0.227, "name": "THURMOND, James Strom", "seo_name": "james-strom-thurmond", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "009369.jpg", "state_abbrev": "SC", "district": ""}, {"icpsr": 14617, "prob": 59, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": -0.303, "y": 0.114, "name": "DASCHLE, Thomas Andrew", "seo_name": "thomas-andrew-daschle", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "014617.jpg", "state_abbrev": "SD", "district": ""}, {"icpsr": 15425, "prob": 33, "vote": "Nay", "paired_flag": 0, "vote_modifier": "", "x": -0.25, "y": 0.143, "name": "JOHNSON, Timothy Peter (Tim)", "seo_name": "timothy-peter-tim-johnson", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "015425.jpg", "state_abbrev": "SD", "district": ""}, {"icpsr": 49502, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.366, "y": -0.222, "name": "FRIST, William H.", "seo_name": "william-h-frist", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "049502.jpg", "state_abbrev": "TN", "district": ""}, {"icpsr": 49503, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.403, "y": -0.678, "name": "THOMPSON, Fred Dalton", "seo_name": "fred-dalton-thompson", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "049503.jpg", "state_abbrev": "TN", "district": ""}, {"icpsr": 14628, "prob": 96, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.551, "y": -0.108, "name": "GRAMM, William Philip (Phil)", "seo_name": "william-philip-phil-gramm", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "014628.jpg", "state_abbrev": "TX", "district": ""}, {"icpsr": 49306, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.356, "y": 0.012, "name": "HUTCHISON, Kathryn Ann Bailey (Kay)", "seo_name": "kathryn-ann-bailey-kay-hutchison", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "049306.jpg", "state_abbrev": "TX", "district": "", "flags": "voPivot"}, {"icpsr": 49307, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.331, "y": -0.11, "name": "BENNETT, Robert Foster (Bob)", "seo_name": "robert-foster-bob-bennett", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "049307.jpg", "state_abbrev": "UT", "district": ""}, {"icpsr": 14503, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.382, "y": -0.004, "name": "HATCH, Orrin Grant", "seo_name": "orrin-grant-hatch", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "014503.jpg", "state_abbrev": "UT", "district": ""}, {"icpsr": 14240, "prob": 94, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.014, "y": -0.687, "name": "JEFFORDS, James Merrill", "seo_name": "james-merrill-jeffords", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "014240.jpg", "state_abbrev": "VT", "district": ""}, {"icpsr": 14307, "prob": 55, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": -0.36, "y": -0.121, "name": "LEAHY, Patrick Joseph", "seo_name": "patrick-joseph-leahy", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "014307.jpg", "state_abbrev": "VT", "district": ""}, {"icpsr": 15705, "prob": 77, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": -0.2, "y": -0.04, "name": "ROBB, Charles Spittal", "seo_name": "charles-spittal-robb", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "015705.jpg", "state_abbrev": "VA", "district": ""}, {"icpsr": 14712, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.262, "y": -0.131, "name": "WARNER, John William", "seo_name": "john-william-warner", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "014712.jpg", "state_abbrev": "VA", "district": ""}, {"icpsr": 14904, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.271, "y": -0.652, "name": "GORTON, Thomas Slade, III (Slade)", "seo_name": "thomas-slade-gorton-iii-slade", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "014904.jpg", "state_abbrev": "WA", "district": ""}, {"icpsr": 49308, "prob": 59, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": -0.357, "y": -0.312, "name": "MURRAY, Patty", "seo_name": "patty-murray", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "049308.jpg", "state_abbrev": "WA", "district": ""}, {"icpsr": 1366, "prob": 56, "vote": "Nay", "paired_flag": 0, "vote_modifier": "", "x": -0.309, "y": 0.729, "name": "BYRD, Robert Carlyle", "seo_name": "robert-carlyle-byrd", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "001366.jpg", "state_abbrev": "WV", "district": ""}, {"icpsr": 14922, "prob": 54, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": -0.326, "y": 0.177, "name": "ROCKEFELLER, John Davison (Jay), IV", "seo_name": "john-davison-jay-rockefeller-iv", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "014922.jpg", "state_abbrev": "WV", "district": ""}, {"icpsr": 49309, "prob": 25, "vote": "Nay", "paired_flag": 0, "vote_modifier": "", "x": -0.308, "y": -0.951, "name": "FEINGOLD, Russell Dana", "seo_name": "russell-dana-feingold", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "049309.jpg", "state_abbrev": "WI", "district": ""}, {"icpsr": 15703, "prob": 76, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": -0.256, "y": -0.406, "name": "KOHL, Herbert H.", "seo_name": "herbert-h-kohl", "party": "Democratic Party", "party_short_name": "Democrat", "party_code": 100, "img": "015703.jpg", "state_abbrev": "WI", "district": ""}, {"icpsr": 49706, "prob": 96, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.545, "y": 0.199, "name": "ENZI, Michael B.", "seo_name": "michael-b-enzi", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "049706.jpg", "state_abbrev": "WY", "district": ""}, {"icpsr": 15633, "prob": 97, "vote": "Yea", "paired_flag": 0, "vote_modifier": "", "x": 0.446, "y": -0.128, "name": "THOMAS, Craig Lyle", "seo_name": "craig-lyle-thomas", "party": "Republican Party", "party_short_name": "Republican", "party_code": 200, "img": "015633.jpg", "state_abbrev": "WY", "district": ""}], "codes": {"Clausen": ["Government Management"], "Peltzman": ["Regulation Special Interest"], "Issue": ["Banking and Finance"]}, "dtl_desc": "(SENATE PASSED S. 1260, TO AMEND THE SECURITIES ACT OF 1933 AND THE SECURITIES EXCHANGE ACT OF 1934 TO LIMIT THE CONDUCT OF SECURITIES CLASS ACTIONS UNDER STATE LAW. .)", "question": "On Passage of the Bill", "short_description": "PASS SECURITIES LITIGATION REFORM", "nay_count": 21, "congress": 105, "vote_question_text": "On Passage of the Bill S. 1260", "rollnumber": 433, "date": "1998-05-13", "vote_document_text": "A bill to amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to limit the conduct of securities class actions under State law, and for other purposes.", "nominate": {"pre": 0.095, "log_likelihood": -38.77, "classified": 0.812, "mid": [-0.354, 0.131], "spread": [-0.141, 0.11], "need_pre_prob_update": 1, "geo_mean_probability": 0.681, "slope": 7.4136303534434616, "intercept": 2.755425145118985, "x": [10, -10], "y": [76.89172867955361, -71.38087838931563]}, "chamber": "Senate", "vote_result": "Bill Passed", "cg_summary": "TABLE OF CONTENTS:\nTitle I:  Securities Litigation Uniform Standards\nTitle II:  Reauthorization of the Securities and Exchange\nCommission\nTitle III:  Clerical and Technical Amendments\nSecurities Litigation Uniform Standards Act of 1998 -\nTitle I: Securities Litigation Uniform Standards\n- Amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to prohibit any private class action based upon State statutory or common law in State or Federal court by any private party alleging:  (1) an untrue statement or omission in connection with the purchase or sale of a covered security; or (2) that the defendant used any manipulative or deceptive device in connection with such a transaction.\n(Sec. 101) Declares that any class action brought in any State court involving a covered security shall be removable to the Federal district court for the district in which the action is pending.\nExempts from such prohibition certain class actions based upon statutory or common law of the State in which the issuer is either incorporated or organized.  Declares that such a class action may be maintained in State or Federal court by a private party if it involves: (1) the purchase or sale of securities by the issuer (or an affiliate) exclusively from or to holders of the issuer's equity securities; or (2) any communication about such a sale made by or on behalf of the issuer (or an affiliate) to such equity security holders concerning their decisions with respect to voting their securities, acting in response to a tender or exchange offer, or exercising dissenters' or appraisal rights.\nDeclares that nothing precludes a State, any political subdivision, or a State pension plan from bringing an action involving a covered security either on its own behalf, or as a member of a class composed solely of other States, political subdivisions, or State pension plans that are named plaintiffs and have authorized participation in such action.\nPermits a class action suit in State or Federal court to enforce a contractual agreement between an issuer and an indenture trustee to be maintained by a party to the agreement or a successor to such party.\nRequires the Federal court to remand an action to State court upon determining that such action may be maintained in State court.\nRetains the jurisdiction of a State securities commission to investigate and bring enforcement actions.\nRetains State court discretion to determine whether actions filed before should be joined, consolidated, or otherwise allowed to proceed as a single action.\nAuthorizes the Federal court to stay private action discovery proceedings in State court in order to aid its jurisdiction or protect or effectuate its judgments if such discovery would be subject to a stay under this Act (thus precluding a private action to circumvent a Federal stay by proceeding in State court).\n(Sec. 102) Directs the Securities and Exchange Commission (SEC) to: (1) seek to encourage the adoption of State laws providing for reciprocal enforcement by State securities commissions of subpoenas issued by a sister State securities commission to compel attendance, testimony, or production of documentation in connection with an alleged violation of State securities laws; and (2) submit a status report on such reciprocity to the Congress.\nTitle II:  Reauthorization of the Securities and Exchange Commission\n- Authorizes appropriations for the SEC for FY 1999.\n(Sec. 202) Amends the Securities Exchange Act of 1934 to repeal certification, filing, and reporting requirements governing the electronic data gathering, analysis, and retrieval system (EDGAR).\nAuthorizes the SEC to:  (1) establish its own criteria for the selection of its professional economists; (2) appoint such economists directly; and (3) determine their compensation without regard to specified law.  Sets forth compensation limits.\nTitle III:  Clerical and Technical Amendments\n- Makes technical and conforming amendments to laws affected by this Act.\n(Sec. 302) Amends the Securities Act of 1933 to provide that securities subject to certain State hearings are exempt from Federal registration requirements.", "cg_official_titles": ["A bill to amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to limit the conduct of securities class actions under State law, and for other purposes."], "congress_url": "http://hdl.loc.gov/loc.uscongress/legislation.105s1260", "clerk_rollnumber": 135, "description": "A bill to amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to limit the conduct of securities class actions under State law, and for other purposes."}], "apitype": "Web 2019-10", "elapsedTime": 0.014}