Stop VULTURE Funds Act
Latest action · Jul 23, 2009 Referred to the Subcommittee on Courts and Competition Policy.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 18, 2009
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Stop Very Unscrupulous Loan Transfers from Underprivileged Countries to Rich, Exploitive Funds Act or the Stop VULTURE Funds Act - Prohibits: (1) any U.S. person from engaging in sovereign debt profiteering, or any person at all from engaging in such profiteering in the United States; and (2) any U.S. court from issuing a summons, subpoena, writ, judgment, attachment, or execution in aid of a claim which would further sovereign debt profiteering.
Sets forth required court disclosures in actions involving collection of sovereign debt.
Cosponsors 34
Members who signed on, in the order they did. Signatures ran from Jun 18, 2009 to Jul 27, 2010; 11 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Barbara Lee | Original | Jun 18, 2009 |
| D-FL | Debbie Wasserman Schultz | Original | Jun 18, 2009 |
| D-NJ | Donald M. Payne | Original | Jun 18, 2009 |
| D-DC | Eleanor Holmes Norton | Original | Jun 18, 2009 |
| D-NY | Gregory W. Meeks | Original | Jun 18, 2009 |
| D-WI | Gwen Moore | Original | Jun 18, 2009 |
| D-IL | Janice D. Schakowsky | Original | Jun 18, 2009 |
| D-MI | John Conyers, Jr. | Original | Jun 18, 2009 |
| D-IL | Luis V. Gutierrez | Original | Jun 18, 2009 |
| D-NY | Maurice D. Hinchey | Original | Jun 18, 2009 |
| R-AL | Spencer Bachus | Original | Jun 18, 2009 |
| D-CA | Bob Filner | Jul 9, 2009 | |
| D-FL | Corrine Brown | Jul 9, 2009 | |
| D-VA | James P. Moran | Jul 9, 2009 | |
| D-CA | Michael M. Honda | Jul 9, 2009 | |
| D-IL | Jesse L. Jackson, Jr. | Jul 28, 2009 | |
| D-AZ | Raúl M. Grijalva | Jul 28, 2009 | |
| D-GA | John Lewis | Jul 31, 2009 | |
| D-TX | Al Green | Sep 17, 2009 | |
| D-OH | Marcia L. Fudge | Sep 17, 2009 | |
| D-TN | Steve Cohen | Sep 17, 2009 | |
| D-CA | Fortney Pete Stark | Sep 30, 2009 | |
| D-CA | Joe Baca | Sep 30, 2009 | |
| D-CA | Laura Richardson | Sep 30, 2009 | |
| D-FL | Alcee L. Hastings | Oct 8, 2009 | |
| D-GA | Sanford D. Bishop, Jr. | Oct 29, 2009 | |
| D-MN | Betty McCollum | Nov 5, 2009 | |
| D-CT | Rosa L. DeLauro | Nov 5, 2009 | |
| D-WI | Tammy Baldwin | Dec 3, 2009 | |
| D-CA | Anna G. Eshoo | Mar 4, 2010 | |
| D-MN | Keith Ellison | Apr 14, 2010 | |
| D-MA | Stephen F. Lynch | Apr 14, 2010 | |
| D-MD | Donna F. Edwards | May 28, 2010 | |
| D-MO | Wm. Lacy Clay | Jul 27, 2010 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Judiciary Committee | Referred Jun 18, 2009 |
| Courts, Intellectual Property, Artificial Intelligence, and the Internet Subcommittee | Referred Jul 23, 2009 | |
| House | Financial Services Committee | Referred Jun 18, 2009 |
Actions 5
Everything that happened, newest first.
- Jul 23, 2009Referred to the Subcommittee on Courts and Competition Policy.
- Jun 18, 2009Introduced in House
- Jun 18, 2009Referred to House Judiciary
- Jun 18, 2009Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Jun 18, 2009Referred to House Financial Services
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To prevent speculation and profiteering in the defaulted debt of certain poor countries, and for other purposes.
- Short Titles as Introduced
- Stop Very Unscrupulous Loan Transfers from Underprivileged countries to Rich, Exploitive Funds Act
- Stop VULTURE Funds Act
Subjects
Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.
Text 1
Each version as it was printed, newest first.
- Jun 18, 2009Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
