To amend the Emergency Economic Stabilization Act of 2008 to permit immediate repayment of direct capital investments received under the Troubled Asset Relief Program.

Fact Sheet API

Bill Number

HR 2009

Introduced

Apr 21, 2009

Latest Action

Referred to the House Committee on Financial Services.

Sponsor

Cosponsors

Topics

Bank accounts, deposits, capital Finance and Financial Sector Financial crises and stabilization

Full Text

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Votes

Summary

Amends the Emergency Economic Stabilization Act of 2008 (EESA) to grant any financial institution that has received or receives a direct capital investment under the Troubled Asset Relief Program (TARP) the right to repay it immediately. Requires the Secretary of the Treasury to accept such a payment unconditionally.

Actions

Apr 21, 2009

Referred to the House Committee on Financial Services.
Apr 21, 2009

Sponsor introductory remarks on measure. (CR H4553)
Apr 21, 2009

Introduced in House

Amendments

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