US HR714 | 2009-2010 | 111th Congress
Status
Spectrum: Moderate Partisan Bill (Republican 8-1)
Status: Introduced on July 31 2009 - 25% progression, died in committee
Action: 2009-07-31 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 31 2009 - 25% progression, died in committee
Action: 2009-07-31 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Expresses the sense of the House of Representatives that any funds repaid to the federal government or any interest or dividends on those funds should be used solely for debt reduction, consistent with the Emergency Economic Stabilization Act of 2008 (EESA), and with Article One, Section Nine of the United States Constitution.
Title
Expressing the sense of the House of Representatives that any interest or dividends repaid to the government through the Troubled Asset Relief Program should be used solely for debt reduction, consistent with the authorizing legislation and Article One, Section Nine of the United States Constitution.
Sponsors
| Rep. Michele Bachmann [R-MN] | Rep. Brian Bilbray [R-CA] | Rep. Howard Coble [R-NC] | Rep. Michael Conaway [R-TX] |
| Rep. Peter DeFazio [D-OR] | Rep. Bob Inglis [R-SC] | Rep. Doug Lamborn [R-CO] | Rep. Blaine Luetkemeyer [R-MO] |
| Rep. George Radanovich [R-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-07-31 | Referred to the House Committee on Financial Services. |
Subjects
Bank accounts, deposits, capital
Budget deficits and national debt
Business investment and capital
Financial crises and stabilization
Interest, dividends, interest rates
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-resolution/714/all-info |
| Text | https://www.congress.gov/111/bills/hres714/BILLS-111hres714ih.pdf |
