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HR 7276 110th Congress House Finance and Financial Sector Bank accounts, deposits, capital Congressional oversight Financial crises and stabilization

To amend the Emergency Economic Stabilization Act of 2008 to require prior approval by the Congress for expenditures from the third tranche, and for other purposes.

Introduced: November 19, 2008 See on congress.gov
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 19, 2008
Referred to the House Committee on Financial Services.
Nov 19, 2008
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Emergency Economic Stabilization Act to revise the process for exercising the authority of the Secretary of the Treasury to make purchases of troubled assets in any amount in excess of the $350 billion previously obligated.

Changes the Joint Resolution of Disapproval, regarding the exercise of such authority, to a Joint Resolution of Approval. Prohibits the Secretary, that is, from exercising any authority to make any such purchases unless a joint resolution approving the plan is enacted into law.

What's happening now November 19, 2008

Referred to the House Committee on Financial Services.

 Related & companion bills 3
  • S 3683 Related bill A bill to amend the Emergency Economic Stabilization Act to require approval by the Congress for certain expenditures f…
  • S 3694 Related bill A bill to amend the Emergency Economic Stabilization Act to limit obligations to $350,000,000,000, absent majority appr…
  • S 3697 Related bill A bill to amend the Emergency Economic Stabilization Act to require approval by the Congress for certain expenditures f…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Republican 7
R
Latta, Robert E.
Ohio · Dec 10, 2008
 R
Wittman, Robert J.
Virginia · Dec 10, 2008
 R
Bilirakis, Gus M.
Florida · Nov 20, 2008
 R
Foxx, Virginia
North Carolina · Nov 20, 2008
 R
Blackburn, Marsha
Tennessee · Nov 19, 2008
 R
McCaul, Michael T.
Texas · Nov 19, 2008
 R
Wilson, Joe
South Carolina · Nov 19, 2008
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7276: To amend the Emergency Economic Stabilization Act of 2008 to require prior approval by the Congress for expenditures from the third tranche, and for other purposes.. 110th Congress. Open America. https://openamerica.io/bill/110-HR-7276/
MLA
"H.R. 7276: To amend the Emergency Economic Stabilization Act of 2008 to require prior approval by the Congress for expenditures from the third tranche, and for other purposes.." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-7276/.
Bluebook (legal)
H.R. 7276, 110th Cong. (2026), https://openamerica.io/bill/110-HR-7276/.
Markdown link
[H.R. 7276: To amend the Emergency Economic Stabilization Act of 2008 to require prior approval by the Congress for expenditures from the third tranche, and for other purposes.](https://openamerica.io/bill/110-HR-7276/)
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