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HR 3455 111th Congress House Finance and Financial Sector Bankruptcy Employee benefits and pensions Financial crises and stabilization Health care costs and insurance Manufacturing Motor vehicles Social work, volunteer service, charitable organizations

To make available funds from the Emergency Economic Stabilization Act of 2008 for funding a voluntary employees' beneficiary association with respect to former employees of Delphi Corporation.

Introduced: July 31, 2009 See on congress.gov
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 22, 2009
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Jul 31, 2009
Referred to House Education and Labor
Jul 31, 2009
Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, 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.
Jul 31, 2009
Referred to House Financial Services
Jul 31, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Directs the Secretary of the Treasury to enter into an agreement with a volunteer employees' beneficiary association (VEBA) established after enactment of this Act for the benefit of eligible separated employees of Delphi Corporation (and their dependents) in order to transfer amounts to the VEBA for purposes of establishing, or obtaining coverage under, a health care plan for the benefit of such employees (and dependents).

Limits the application of this Act to employees with respect to whom the obligation of Delphi Corporation or General Motors Corporation to provide health care coverage has been discharged in a bankruptcy proceeding.

Directs the Secretary to make available up to $3 billion in Troubled Asset Relief Program (TARP) funds, under the Emergency Economic Stabilization Act of 2008 (EESA), to provide health care coverage that is substantially the same as the coverage the obligation for which was so discharged.

What's happening now October 22, 2009

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

 Committees of jurisdiction 3
 Cosponsors 3
All 3 Democratic 2 Republican 1