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S 3683 110th Congress Senate Finance and Financial Sector Bank failures Congress Congressional oversight Economic stabilization Economics and Public Finance Financial crises Legislative resolutions

A bill to amend the Emergency Economic Stabilization Act to require approval by the Congress for certain expenditures for the Troubled Asset Relief Program.

Introduced: November 17, 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 17, 2008
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 17, 2008
Sponsor introductory remarks on measure. (CR S10544-10645)
Nov 17, 2008
Introduced in Senate
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 Plain-English summary Congressional Research Service

Amends the Emergency Economic Stabilization Act to revise the limitation on the Secretary of the Treasury's authority to purchase troubled assets through the Troubled Assets Relief Program (TARP).

Changes the Joint Resolution of Disapproval, regarding authority to purchase troubled assets, to a Joint Resolution of Approval. Prohibits the Secretary, that is, from exercising any authority to make any such purchases with regard to any TARP amount authorized, and unobligated as of November 14, 2008, unless within 15 calendar days after Congress receives a report of the Secretary's plan to exercise such authority, a joint resolution approving the plan is enacted into law.

What's happening now November 17, 2008

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 3
  • HR 7276 Related bill To amend the Emergency Economic Stabilization Act of 2008 to require prior approval by the Congress for expenditures fr…
  • 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 3
All 3 Republican 2 Independent 1
R
Barrasso, John
Wyoming · Dec 9, 2008
 R
Wicker, Roger F.
Mississippi · Nov 20, 2008
 I
Sanders, Bernard
Vermont · Nov 19, 2008
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3683: A bill to amend the Emergency Economic Stabilization Act to require approval by the Congress for certain expenditures for the Troubled Asset Relief Program.. 110th Congress. Open America. https://openamerica.io/bill/110-S-3683/
MLA
"S. 3683: A bill to amend the Emergency Economic Stabilization Act to require approval by the Congress for certain expenditures for the Troubled Asset Relief Program.." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-S-3683/.
Bluebook (legal)
S. 3683, 110th Cong. (2026), https://openamerica.io/bill/110-S-3683/.
Markdown link
[S. 3683: A bill to amend the Emergency Economic Stabilization Act to require approval by the Congress for certain expenditures for the Troubled Asset Relief Program.](https://openamerica.io/bill/110-S-3683/)
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