US SB133 | 2009-2010 | 111th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 8-2-2)
Status: Introduced on January 6 2009 - 25% progression, died in chamber
Action: 2009-01-06 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2009 - 25% progression, died in chamber
Action: 2009-01-06 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Text: Latest bill text (Introduced) [PDF]
Summary
Troubled Asset Relief Program Transparency Reporting Act - Prohibits the use by a recipient or its subsidiary of Troubled Asset Relief Program (TARP) funds under the Emergency Economic Stabilization Act of 2008 for lobbying expenditures or political contributions. Requires the Secretary of the Treasury, through enhanced internal reporting and oversight requirements, to develop and publish corporate governance principles and ethical guidelines for such recipients, including specified restrictions. Sets forth recipient reporting and certifying requirements governing such TARP funds. Requires the Secretary to make such reports and certifications publicly available online and free of charge. Subjects persons to civil fines for violating such prohibition on the use of TARP funds or failing to file the required report or certification. Bars recipients from future TARP funds for noncompliance with such guidelines unless the Secretary determines that reasonable steps have been taken to bring their actions into compliance with and to prevent future violations of this Act.
Title
Troubled Asset Relief Program Transparency Reporting Act
Sponsors
Sen. Barbara Boxer [D-CA] | Sen. Benjamin Cardin [D-MD] | Sen. Russell Feingold [D-WI] | Sen. Dianne Feinstein [D-CA] |
Sen. John Kerry [D-MA] | Sen. Joseph Lieberman [I-CT] | Sen. Patty Murray [D-WA] | Sen. Bill Nelson [D-FL] |
Sen. Bernard Sanders [I-VT] | Sen. Olympia Snowe [R-ME] | Sen. Arlen Specter [D-PA] | Sen. John Thune [R-SD] |
History
Date | Chamber | Action |
---|---|---|
2009-01-06 | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | |
2009-01-06 | Sponsor introductory remarks on measure. (CR S114-115) |
Same As/Similar To
HB1095 (Same As) 2009-02-13 - Referred to the House Committee on Financial Services.
Subjects
Aviation and airports
Business ethics
Business records
Corporate finance and management
Elections, voting, political campaign regulation
Finance and financial sector
Financial crises and stabilization
Public participation and lobbying
Transportation costs
Business ethics
Business records
Corporate finance and management
Elections, voting, political campaign regulation
Finance and financial sector
Financial crises and stabilization
Public participation and lobbying
Transportation costs
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/111th-congress/senate-bill/133/all-info |
Text | https://www.congress.gov/111/bills/s133/BILLS-111s133is.pdf |