HR 2932
111th Congress
House
Foreign Trade and International Finance
Civil actions and liability
Evidence and witnesses
Financial services and investments
Foreign loans and debt
Government liability
Judicial procedure and administration
U.S. and foreign investments
Stop VULTURE Funds Act
Everywhere this bill has been
5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 23, 2009
Referred to the Subcommittee on Courts and Competition Policy.
Jun 18, 2009
Referred to House Financial Services
Jun 18, 2009
Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, 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.
Jun 18, 2009
Referred to House Judiciary
Jun 18, 2009
Introduced in House
Plain-English summary
Stop Very Unscrupulous Loan Transfers from Underprivileged Countries to Rich, Exploitive Funds Act or the Stop VULTURE Funds Act - Prohibits: (1) any U.S. person from engaging in sovereign debt profiteering, or any person at all from engaging in such profiteering in the United States; and (2) any U.S. court from issuing a summons, subpoena, writ, judgment, attachment, or execution in aid of a claim which would further sovereign debt profiteering.
Sets forth required court disclosures in actions involving collection of sovereign debt.
What's happening now
Referred to the Subcommittee on Courts and Competition Policy.