US HB3140 | 2009-2010 | 111th Congress


Status

July 10 2009 - Referred to the Subcommittee on Water Resources and Environment.
Pending: House Subcommittee on Water Resources and Environment Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Reducing Barack Obama's Unsustainable Deficit Act - Rescinds all unobligated balances of the discretionary appropriations made available in division A of the American Recovery and Reinvestment Act of 2009 (ARRA). Repeals subtitles B (Assistance for Vulnerable Individuals) and C (Economic Recovery Payments to Certain Individuals) of title II (the Assistance for Unemployed Workers and Struggling Families Act) and titles III (Premium Assistance for COBRA Benefits), IV (Medicare and Medicaid Health Information Technology; Miscellaneous Medicare Provisions), V (State Fiscal Relief), VI (Broadband Communications), and VII (Limits on Executive Compensation) of division B of ARRA. Amends the Emergency Economic Stabilization Act of 2008 (EESA) to terminate upon enactment of this Act (currently, December 31, 2009) the Secretary of the Treasury's authority to establish the Troubled Asset Relief Program (TARP) and the program to guarantee troubled assets originated or issued before March 14, 2008, including mortgage-backed securities. Repeals the authorization for a two-year extension of such authority if the Secretary submits a specified certification to Congress. Requires the Secretary, each time a financial institution makes a TARP repayment, to transfer such repayments to the special account established in the Treasury for reducing public debt.

Tracking Information

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Title

Reducing Barack Obama's Unsustainable Deficit Act

Sponsors

Rep Inglis, BobRep Shimkus, JohnRep Smith, AdrianRep Thornberry, Mac
Rep Tiahrt, ToddRep Wilson, JoeRep Gohmert, LouieRep Rohrabacher, Dana
Rep Aderholt, Robert B.Rep Akin, W. ToddRep Rooney, Thomas J.Rep Roe, David P.
Rep Issa, Darrell E.Rep Jones, Walter B., Jr.Rep King, SteveRep Kline, John
Rep Luetkemeyer, BlaineRep Lummis, Cynthia M.Rep Manzullo, Donald A.Rep Moran, Jerry
Rep Myrick, Sue WilkinsRep Bachus, SpencerRep Broun, Paul C.Rep Campbell, John
Rep McKeon, Howard P. "Buck"Rep Nunes, DevinRep Olson, PeteRep Pence, Mike
Rep Pitts, Joseph R.Rep Price, TomRep Radanovich, GeorgeRep Scalise, Steve
Rep Schmidt, JeanRep McCarthy, KevinRep Linder, JohnRep Cantor, Eric
Rep Fallin, MaryRep Flake, JeffRep Franks, TrentRep Gingrey, Phil
Rep Herger, WallyRep Jordan, JimRep Kingston, JackRep Lamborn, Doug
Rep Graves, TomRep Hoekstra, PeterRep Platts, Todd RussellRep Marchant, Kenny
Rep McCaul, Michael T.Rep Miller, JeffRep Neugebauer, RandyRep Paul, Ron
Rep Posey, BillRep Sessions, PeteRep Smith, LamarRep Stearns, Cliff
Rep Mack, ConnieRep Johnson, SamRep Blackburn, MarshaRep Brady, Kevin
Rep Conaway, K. MichaelRep Culberson, John AbneyRep Duncan, John J., Jr.Rep Granger, Kay
Rep Hall, Ralph M.Rep Heller, DeanRep Hensarling, JebRep Wamp, Zach
Rep Bartlett, Roscoe G.Rep Bachmann, MicheleRep Sensenbrenner, F. James, Jr.Rep Bishop, Rob
Rep Brown, Henry E., Jr.Rep Burton, DanRep Camp, DaveRep Carter, John R.
Rep Chaffetz, JasonRep Foxx, VirginiaRep Garrett, ScottRep Miller, Gary G.
Rep Hunter, Duncan D.Rep Calvert, KenRep Cole, TomRep Fleming, John
Rep Fortenberry, JeffRep Latta, Robert E.Rep McClintock, TomRep Shadegg, John B.
Rep Davis, GeoffRep Coffman, MikeRep Graves, Sam

History

DateChamberAction
2009-07-10 Referred to the Subcommittee on Water Resources and Environment.
2009-07-10 Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
2009-07-10 Referred to the Subcommittee on Highways and Transit.
2009-07-10 Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
2009-07-10 Referred to the Subcommittee on Coast Guard and Maritime Transportation.
2009-07-10 Referred to the Subcommittee on Aviation.
2009-07-10 Referred to the Subcommittee on Communications, Technology, and the Internet.
2009-07-10 Referred to the Subcommittee on Health.
2009-07-09 Referred to House Veterans' Affairs
2009-07-09 Referred to House Transportation and Infrastructure
2009-07-09 Referred to House Ways and Means
2009-07-09 Referred to House Appropriations
2009-07-09 Referred to House Energy and Commerce
2009-07-09 Referred to House Financial Services
2009-07-09 Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Appropriations, Ways and Means, Transportation and Infrastructure, and Veterans' Affairs, 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.

Subjects


US Congress State Sources


Bill Comments

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