Stevens was convicted Monday on seven counts of trying to hide more than $250,000 in free home renovations and other gifts that he received from a wealthy oil contractor. Alaska law says "a person convicted of a crime that constitutes a felony involving moral turpitude under state or federal law may not vote in a state, federal, or municipal election from the date of the conviction through the date of the unconditional discharge of the person."

But state legal officials say that since Stevens has not been sentenced yet, he is eligible to vote in the general election, said Gail Fenumiai, director of the Alaska Division of Elections.

Stevens won't be sentenced until early next year. He faces a maximum 35 years in prison, but is likely to get far less, if any, prison time. If re-elected, he also could face an expulsion vote in the Senate, or senators could recommend a lesser sanction.

The 84-year-old senator, who has represented Alaska in the Senate since 1968, is in a tight race with Democratic challenger Mark Begich, the mayor of Anchorage.

Several politicians, including GOP presidential candidate John McCain and his running mate Alaska Gov. Sarah Palin, have called on Stevens to resign. But the senator has said he plans to fight his conviction and for re-election.

The three-term sheriff took hundreds of thousands of dollars in cash, gifts and illegal loans for himself, his mistress and a close group of friends in exchange for political favors, get-out-jail-free cards and the power of his office, Assistant U.S. Attorney Brett Sagel told jurors.

"This is the case of the two Michael Caronas: Sheriff Michael Carona, the bright, articulate, charismatic man who went from being the underdog candidate," Sagel said. "Then there's the Michael Carona ... who declared, 'We're going to be so rich, we're going to make so much money.'"

The square-jawed Carona, once dubbed "America's sheriff" by CNN's Larry King after vowing to hunt down a child abductor, sat stoically through the prosecutor's opening statement.

Carona, 53, has vigorously denied charges of conspiracy, mail fraud and witness tampering.

Also charged are his alleged mistress, who has pleaded not guilty to conspiracy, mail fraud and bankruptcy fraud; and his wife, who has pleaded not guilty to a single count of conspiracy.

An Associated Press tally showed 16 lawmakers who sent an earlier bailout bill to unexpected defeat on Monday had changed their minds and would vote in favor of the revised legislation, more than the dozen needed. Officials said changes made to the measure had sparked a far smaller number of defections among previous supporters.

"I'm optimistic about today. We're not going to take anything for granted but it's time to act," said House Republican Leader John Boehner of Ohio.

"I think it will pass," agreed Rep. Jim Clyburn, the chief Democratic vote-counter, as debate unfolded in the House chamber.

The Senate passed the measure earlier in the week on a bipartisan vote of 74-25.

"No matter what we do or what we pass, there are still tough times out there. People are mad -- I'm mad," said Republican Rep. J. Gresham Barrett of South Carolina, who opposed the measure the first time it came to a vote. Now, he said, "We have to act. We have to act now."

Rep. John Lewis, D-Ga., another convert, said, "I have decided that the cost of doing nothing is greater than the cost of doing something."