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H.R. 4171 111th Congress House

TARP Sunset and Fiscal Responsibility Act of 2009

Official title: To repeal the authority of the Secretary of the Treasury to extend the Troubled Asset Relief Program, and for other purposes.

Introduced: December 2, 2009 See on congress.gov
Economics and Public Finance Budget deficits and national debtCongressional oversightFinancial crises and stabilization
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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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 2, 2009
Referred to House Financial Services
Dec 2, 2009
Introduced in House
Dec 2, 2009
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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.
Dec 2, 2009
Referred to House Ways and Means
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 Latest action December 2, 2009

Referred to House Ways and Means

 Plain-English summary Congressional Research Service

TARP Sunset and Fiscal Responsibility Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to terminate, on December 31, 2009 (as under current law), the authority of the Secretary of the Treasury to implement the Troubled Asset Relief Program (TARP).

Repeals the Secretary's authority to extend the TARP program through October 3, 2010, upon submission of a written certification to Congress.

Requires all funds repaid, and profits paid, to the Secretary by TARP recipients to be used to pay down the national debt.

Reduces the statutory limit on the public debt to $700 billion minus the amount of troubled assets purchased by the Secretary under TARP outstanding on December 31, 2009.

 Related & companion bills 4
  • HR 4110 TARP Sunset Act of 2009
  • HR 4157 Ensure TARP Expires Act of 2009
  • HR 4170 Stop Any TARP Extension Act of 2009
  • S 2787 TARP Sunset Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 4171: TARP Sunset and Fiscal Responsibility Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-HR-4171/
MLA
"H.R. 4171: TARP Sunset and Fiscal Responsibility Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-4171/.
Bluebook (legal)
H.R. 4171, 111th Cong. (2026), https://openamerica.io/bill/111-HR-4171/.
Markdown link
[H.R. 4171: TARP Sunset and Fiscal Responsibility Act of 2009](https://openamerica.io/bill/111-HR-4171/)
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