Skip to main content
HR 1472 111th Congress House Finance and Financial Sector Administrative remedies Bank accounts, deposits, capital Business records Department of Labor Employment discrimination and employee rights Financial crises and stabilization Government information and archives Public contracts and procurement Telephone and wireless communication

TARP and ARRA Reporting and Waste Prevention Act

Introduced: March 12, 2009 Introduced by: Blackburn, Marsha Republican · Tennessee See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 12, 2009
Referred to House Oversight and Government Reform
Mar 12, 2009
Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, 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.
Mar 12, 2009
Referred to House Financial Services
Mar 12, 2009
Sponsor introductory remarks on measure. (CR H3341)
Mar 12, 2009
Introduced in House
 Plain-English summary Congressional Research Service

TARP and ARRA Reporting and Waste Prevention Act - Requires each public or private entity to provide a detailed report to the Secretary of the Treasury upon either: (1) receipt or redistribution of any funds under title I (Troubled Asset Relief Program [TARP]) of the Emergency Economic Stabilization Act of 2008 (EESA) or the American Recovery and Reinvestment Act of 2009 (ARRA); or (2) entering into a contract for projects or services funded by TARP or ARRA.

Requires a public or private entity that redistributes any TARP or ARRA funds to another public or private entity to give the redistributee notice that: (1) such funds are a redistribution of either TARP funds or ARRA funds; and (2) the redistributee may be required to report to the Secretary.

Instructs the Secretary to: (1) establish a database to hold all such reported information; (2) make the database information available to the public on the website recovery.gov; and (3) establish a national toll-free telephone hotline number for the public to report waste, fraud, or abuse related to either TARP or ARRA funds.

Sets forth whistleblower protections.

Amends ARRA to require the Recovery Accountability and Transparency Board, if it requests that an inspector general conduct or refrain from conducting an audit investigation, to make such request available to the public on the website recovery.gov.

What's happening now March 12, 2009

Referred to House Oversight and Government Reform

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Republican 3