US Congress House Joint Resolution 19 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 15 2009 - 25% progression, died in committee
Action: 2009-01-15 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Disapproves the obligation of any amount to purchase troubled assets under the Emergency Economic Stabilization Act of 2008 exceeding those already obligated (namely, $250 billion, or upon presidential certification, $350 billion outstanding at any one time). Approves, however, an amount up to 30% of the amount exceeding such obligated amounts for use solely to provide assistance to specified smaller community depository institutions, including privately held and other C corporations, community development financial institutions, non-stock corporations, S-corporations, and mutually owned insured depository institutions.

Relating to the disapproval of obligations under the Emergency Economic Stabilization Act of 2008.

Rep. Phil Gingrey [R-GA]

Date	Chamber	Action
2009-01-15		Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-joint-resolution/19/all-info
Text	https://www.congress.gov/111/bills/hjres19/BILLS-111hjres19ih.pdf