US SB521 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 3 2009 - 25% progression, died in chamber
Action: 2009-03-03 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Text: Latest bill text (Introduced) [PDF]

Summary

TARP Oversight Enhancement Act - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to bring under the oversight authority of the Comptroller General any entity participating in the Troubled Asset Relief Program (TARP) whose sole expenditure, transaction, or commitment to purchase (or any pattern of such): (1) exceeds $10,000, in aggregate; and (2) is not essential to ensuring the entity's recovery, restoring its solvency, improving its liquidity, enhancing returns for its investors, and increasing its net worth.

Tracking Information

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Title

TARP Oversight Enhancement Act

Sponsors


History

DateChamberAction
2009-03-03 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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