US HB2118 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Republican 15-0)
Status: Introduced on April 27 2009 - 25% progression, died in committee
Action: 2009-04-27 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Secretary of the Treasury, upon notification that a financial institution is prepared to repay specified EESA assistance immediately, either to: (1) accept such repayment; or (2) notify the institution that its financial position does not currently permit such repayment, and detail steps it can take to satisfy the Secretary and the appropriate federal banking agency that it is able to make such repayment.

Tracking Information

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Title

To amend the Emergency Economic Stabilization Act of 2008 to provide for more detailed repayment procedures for assistance received under the Troubled Asset Relief Program.

Sponsors


History

DateChamberAction
2009-04-27 Referred to the House Committee on Financial Services.

Subjects


US Congress State Sources


Bill Comments

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