I think I would want to discuss that others before making a final decision on it, but generally, I think we should take the advice of the Law Department.
But, again, the banks that I did speak with did say that they're already complying in respect to Iran to this bill.
No. I understand that. Okay. All right. I don't want to belabor it. Thanks.
Thank you very much. Any other questions? Councilman Goode.
Thank you, Madam Chair. Mr. Rosman, your testimony is 109 11/17/09 - FINANCE - BILLS 080746, etc. that there are no federal preemption issues with regard to our approval of the ordinance. There are just preemption issues with regard to the implementation of the ordinance?
If you were to ask me do I think the law that you are about to approve is lawful --
No. That's not the question I asked. The question I asked was, was that your testimony earlier?
Thank you. Anyone else to testify on Bill 090119? (No response.)
Okay. That concludes our public hearing. We 110 11/17/09 - FINANCE - BILLS 080746, etc. will now go into our public meeting. The Chair calls on Councilman Bill Green to move Bill 090687.
Madam Chair, I move, one at a time, that Bill No. 11 090687 be reported from this committee with a favorable recommendation. (Duly seconded.)
It has been moved and seconded that Bill 090687 be reported out of committee with a favorable recommendation. All in favor will say aye. (Aye.)
There being none, the bill is carried. The Chair recognizes Councilman 111 11/17/09 - FINANCE - BILLS 080746, etc. Green to move Bill 090688.
Madam Chair, I move that Bill No. 090688 be reported from this committee with a favorable recommendation. (Duly seconded.)
It has been moved and seconded that Bill 090688 be reported out of committee with a favorable recommendation. All in favor will say aye. (Aye.)
There being none, the motion is carried. I will announce that Bill 20 090690 will be held. The Chair recognizes Councilman DiCicco to offer the amendment to Bill 23 080746. COUNCILMAN DiCICCO: Thank you, Madam Chair. I move that the amendment 112 11/17/09 - FINANCE - BILLS 080746, etc. to Bill No. 080746 be approved. (Duly seconded.)
It's been moved and seconded that the amendment to Bill 080746 be approved. All in favor will say aye. (Aye.)
There being none, the motion is carried. The Chair recognizes Councilman DiCicco to move 080746 as amended. COUNCILMAN DiCICCO: Thank you, Madam Chair. I move that Bill 080746, as amended, be reported out of this committee with a favorable recommendation and that the rules of Council be suspended so as to permit first reading at our next session of City Council. (Duly seconded.)
It has been moved that Bill 080746, as amended, 113 11/17/09 - FINANCE - BILLS 080746, etc. be voted out of committee with a favorable recommendation and that the rules of Council be suspended so that this bill can be heard at Council's next session. All in favor will say aye. (Aye.)
There being no opposition, the motion is carried. The Chair recognizes Councilman DiCicco for an amendment for Bill 090119. COUNCILMAN DiCICCO: Thank you, Madam Chair. I move that the amendment to Bill No. 090119 be approved. (Duly seconded.)
It has been moved that Bill 090119 be -- the amendment be accepted. All in favor? (Aye.) 114 11/17/09 - FINANCE - BILLS 080746, etc.
There being none, the amendment is approved. The Chair recognizes Councilman DiCicco to report Bill No. 090119 out of committee, as amended. COUNCILMAN DiCICCO: Thank you, Madam Chair. I move that Bill No. 12 090119, as amended, be reported out of this committee with a favorable recommendation and that the rules of Council be suspended. (Duly seconded.)
It has been moved that Bill 090119, as amended, be reported out of committee with a favorable recommendation and that the rules of Council be suspended so this bill can be heard at Council's next session. All in favor will say aye. (Aye.) 115 11/17/09 - FINANCE - BILLS 080746, etc.
There being none, this bill is passed. We thank you all for your time and your attendance, and thank you, Councilman Kenney and Councilman Green. (Committee on Finance concluded at 3:00 p.m.) - - - 116 CERTIFICATE I HEREBY CERTIFY that the proceedings, evidence and objections are contained fully and accurately in the stenographic notes taken by me upon the foregoing matter on November 17, 2009, and that this is a true and correct transcript of same. ______________________________ MICHELE L. MURPHY RPR-Notary Public (The foregoing certification of this transcript does not apply to any reproduction of the same by any means, unless under the direct control and/or supervision of the certifying reporter.)