US Congress Senate Bill 340 (Prior Session Legislation)

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Sponsorship: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 28 2009 - 25% progression, died in chamber
Action: 2009-01-28 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Text: Latest bill text (Introduced) [PDF]

Troubled Asset Relief Program Enhancement Act - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require the Comptroller General to oversee the performance of the Troubled Asset Relief Program (TARP) in meeting EESA purposes involving public accountability for the exercise of its authority. Grants the Comptroller General access, upon request, to any information, data, schedules, books, accounts, financial records, reports, files, electronic communications, or other papers, things, or property belonging to or in use by the TARP, any entity established by the Secretary under EESA, or any entity participating in a program established under EESA, and to any of their officers, employees, directors, independent public accountants, financial advisors and any and all other agents and representatives. Requires the Comptroller General to be afforded full facilities for verifying transactions with the balances or securities held by depositories, fiscal agents, and custodians. Prohibits the Comptroller General from disclosing publicly any proprietary or trade secret information obtained under this Act.

Troubled Asset Relief Program Enhancement Act

Sen. Max Baucus [D-MT]

Sen. Chuck Grassley [R-IA]

Sen. Olympia Snowe [R-ME]

Date	Chamber	Action
2009-01-28		Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

HB1650 (Related) 2009-03-19 - Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/340/all-info
Text	https://www.congress.gov/111/bills/s340/BILLS-111s340is.pdf