HR 6337
111th Congress
House
Finance and Financial Sector
Bank accounts, deposits, capital
Consumer affairs
Financial crises and stabilization
Truth in Bailouts Act
Introduced: September 29, 2010
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2010
Referred to the House Committee on Financial Services.
Sep 29, 2010
Introduced in House
Plain-English summary
Truth in Bailouts Act - Amends the Emergency Economic Stabilization Act of 2008 to require any financial institution in which the Treasury holds an equity or debt position acquired under the Troubled Asset Relief Program (TARP) to provide the following displays: (1) at each of its places of business, signs disclosing, in a clear and conspicuous manner, the statement "This institution has received financial assistance from the Federal Government under the Troubled Asset Relief Program and has not yet repaid the taxpayers"; and (2) on the main page of its website, the same disclosure in a clear and conspicuous manner.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1