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HR 1180 111th Congress House

To amend the Emergency Economic Stabilization Act of 2008 to prohibit the Secretary of the Treasury from receiving common stock or certain other voting stock under the Troubled Asset Relief Program,…

Official title: To amend the Emergency Economic Stabilization Act of 2008 to prohibit the Secretary of the Treasury from receiving common stock or certain other voting stock u… Show full official titleShow less

Official title: To amend the Emergency Economic Stabilization Act of 2008 to prohibit the Secretary of the Treasury from receiving common stock or certain other voting stock under the Troubled Asset Relief Program, and for other purposes.

Introduced: April 30, 2009 See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalCorporate finance and managementFinancial crises and stabilizationSecurities
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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
Feb 25, 2009
Referred to the House Committee on Financial Services.
Feb 25, 2009
Introduced in House
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 Latest action February 25, 2009

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Amends the Emergency Economic Stabilization Act of 2008 (EESA) to prohibit the Secretary of the Treasury from: (1) making any purchase for which the Secretary receives control-diluting stock; or (2) converting into control-diluting stock any security received by the Secretary (other than a warrant).

Defines control-diluting stock as: (1) common stock of a financial institution; (2) any other voting stock of a financial institution other than voting stock whose voting power the Secretary agrees not to exercise; or (3) a warrant giving the Secretary the right to receive either of such stock.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Republican 4
R
Foxx, Virginia
North Carolina · May 7, 2009
 R
Latta, Robert E.
Ohio · May 4, 2009
 R
Wittman, Robert J.
Virginia · Apr 30, 2009
 R
Blackburn, Marsha
Tennessee · Mar 16, 2009
Fallin, Mary
· Mar 4, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1180: To amend the Emergency Economic Stabilization Act of 2008 to prohibit the Secretary of the Treasury from receiving common stock or certain other voting stock under the Troubled Asset Relief Program, and for other purposes.. 111th Congress. Open America. https://openamerica.io/bill/111-HR-1180/
MLA
"H.R. 1180: To amend the Emergency Economic Stabilization Act of 2008 to prohibit the Secretary of the Treasury from receiving common stock or certain other voting stock under the Troubled Asset Relief Program, and for other purposes.." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-1180/.
Bluebook (legal)
H.R. 1180, 111th Cong. (2026), https://openamerica.io/bill/111-HR-1180/.
Markdown link
[H.R. 1180: To amend the Emergency Economic Stabilization Act of 2008 to prohibit the Secretary of the Treasury from receiving common stock or certain other voting stock under the Troubled Asset Relief Program, and for other purposes.](https://openamerica.io/bill/111-HR-1180/)
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