To amend the Emergency Economic Stabilization Act of 2008 to prohibit automobile manufacturers receiving assistance under the Troubled Asset Relief Program from opening a new foreign subsidiary or expanding their current foreign subsidiaries.

Fact Sheet API

Bill Number

HR 2634

Introduced

May 21, 2009

Latest Action

Referred to the House Committee on Financial Services.

Sponsor

Cosponsors

Topics

Business investment and capital Corporate finance and management Finance and Financial Sector Financial crises and stabilization Manufacturing Motor vehicles U.S. and foreign investments

Full Text

View Full Bill Text

Votes

Summary

Amends the Emergency Economic Stabilization Act of 2008 (EESA) to prohibit automobile manufacturers receiving assistance under the Troubled Asset Relief Program (TARP) from opening a new foreign subsidiary or expanding any current foreign subsidiary.

Actions

May 21, 2009

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

Introduced in House

Amendments

Related Bills