HR 2009
111th Congress
House
Finance and Financial Sector
Bank accounts, deposits, capital
Financial crises and stabilization
To amend the Emergency Economic Stabilization Act of 2008 to permit immediate repayment of direct capital investments received under the Troubled Asset Relief Program.
Introduced: April 21, 2009
Introduced by:
McClintock, Tom
Republican
· California
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 21, 2009
Introduced in House
Apr 21, 2009
Referred to the House Committee on Financial Services.
Apr 21, 2009
Sponsor introductory remarks on measure. (CR H4553)
Plain-English summary
Amends the Emergency Economic Stabilization Act of 2008 (EESA) to grant any financial institution that has received or receives a direct capital investment under the Troubled Asset Relief Program (TARP) the right to repay it immediately. Requires the Secretary of the Treasury to accept such a payment unconditionally.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1