HR 2118
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 provide for more detailed repayment procedures for assistance received under the Troubled Asset Relief Program.
Introduced: April 27, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 27, 2009
Referred to the House Committee on Financial Services.
Apr 27, 2009
Introduced in House
Plain-English summary
Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Secretary of the Treasury, upon notification that a financial institution is prepared to repay specified EESA assistance immediately, either to: (1) accept such repayment; or (2) notify the institution that its financial position does not currently permit such repayment, and detail steps it can take to satisfy the Secretary and the appropriate federal banking agency that it is able to make such repayment.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1