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HR 7306 110th Congress House

STONE

Official title: To immediately terminate the authority of the Secretary of the Treasury under the Emergency Economic Stabilization Act of 2008 to purchase troubled assets and … Show full official titleShow less

Official title: To immediately terminate the authority of the Secretary of the Treasury under the Emergency Economic Stabilization Act of 2008 to purchase troubled assets and to make a portion of the unused funding for such program available to meet critical infrastructure needs in the United States.

Introduced: November 20, 2008 See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalBusiness investment and capitalCorporate finance and managementFinancial crises and stabilization
More subjectsShow fewer subjects
Floods and storm protectionInfrastructure developmentSecuritiesTransportation programs fundingWater qualityWater resources funding
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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 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 21, 2008
Referred to the Subcommittee on Water Resources and Environment.
Nov 21, 2008
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Nov 21, 2008
Referred to the Subcommittee on Highways and Transit.
Nov 21, 2008
Referred to the Subcommittee on Aviation.
Nov 20, 2008
Referred to the Subcommittee on Environment and Hazardous Materials.
Nov 20, 2008
Referred to the Committee on Financial Services, and in addition to the Committees on Transportation and Infrastructure, Energy and Commerce, and Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 20, 2008
Introduced in House
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 Latest action November 21, 2008

Referred to the Subcommittee on Water Resources and Environment.

 Plain-English summary Congressional Research Service

Stop the Treasury Office Nationalization of the Economy Act of 2008 or STONE - Ends the authority of the Secretary of the Treasury under the Emergency Economic Stabilization Act of 2008 to purchase troubled assets.

Makes $100 billion of the unused funding for such program available to meet specified critical infrastructure needs of the United States, clean water grants, and certain flood control and water resource activities.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 9
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APA
U.S. Congress. (2026). H.R. 7306: STONE. 110th Congress. Open America. https://openamerica.io/bill/110-HR-7306/
MLA
"H.R. 7306: STONE." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-7306/.
Bluebook (legal)
H.R. 7306, 110th Cong. (2026), https://openamerica.io/bill/110-HR-7306/.
Markdown link
[H.R. 7306: STONE](https://openamerica.io/bill/110-HR-7306/)
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