The U.S. House of Representatives passed legislation (H. Res. 27) in the form of an administrative resolution that allows the House to reconsider H.R. 37, which will delay the implementation of the Volcker Rule until 2019 rather than 2017, as originally planned.
H.R. 37, the Promoting Job Creation and Reducing Small Business Burdens Act, was introduced to the House floor on January 6, 2015 under a fast-track procedure that required a two-thirds majority for passage. The bill did not achieve that two-thirds majority.
H. Res. 27 came to the floor on January 13, 2015 under a procedure requiring only a simple majority and passed by a vote of 271-154. The passage of H. Res 27 means that the House must reconsider H.R. 37, as read, with restrictions on potential amendments in the bill.
See: H. Res 27; H.R. 37.
Related news: Committee on Rules for U.S. House of Representatives to Consider Regulatory Reform (January 9, 2015).