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HR 3232 111th Congress House Finance and Financial Sector Bank accounts, deposits, capital Financial crises and stabilization Securities

PROFIT Act of 2009

Introduced: July 16, 2009 See on congress.gov
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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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 16, 2009
Referred to the House Committee on Financial Services.
Jul 16, 2009
Sponsor introductory remarks on measure. (CR E1824)
Jul 16, 2009
Introduced in House
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 Plain-English summary Congressional Research Service

Provide a Return on Financial Investment for the Taxpayer Act of 2009 or the PROFIT Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require the Secretary of the Treasury to sell through a public auction any warrants associated with EESA assistance each time a financial institution makes a repayment of such assistance.

Exempts from such requirement warrants associated with a repayment made by a financial institution that has received less than $250 million of such assistance.

What's happening now July 16, 2009

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 3
Driehaus, Steve
· Jul 23, 2009
 D
Kaptur, Marcy
Ohio · Jul 23, 2009
 D
Waters, Maxine
California · Jul 23, 2009
Boccieri, John
· Jul 16, 2009
 D
Sherman, Brad
California · Jul 16, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3232: PROFIT Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-HR-3232/
MLA
"H.R. 3232: PROFIT Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-3232/.
Bluebook (legal)
H.R. 3232, 111th Cong. (2026), https://openamerica.io/bill/111-HR-3232/.
Markdown link
[H.R. 3232: PROFIT Act of 2009](https://openamerica.io/bill/111-HR-3232/)
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