Truth in Bailouts Act
Latest action · Sep 29, 2010 Referred to the House Committee on Financial Services.
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.
- IntroducedSep 29, 2010
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Truth in Bailouts Act - Amends the Emergency Economic Stabilization Act of 2008 to require any financial institution in which the Treasury holds an equity or debt position acquired under the Troubled Asset Relief Program (TARP) to provide the following displays: (1) at each of its places of business, signs disclosing, in a clear and conspicuous manner, the statement "This institution has received financial assistance from the Federal Government under the Troubled Asset Relief Program and has not yet repaid the taxpayers"; and (2) on the main page of its website, the same disclosure in a clear and conspicuous manner.
Cosponsors 22
Members who signed on, in the order they did. All signed on Sep 29, 2010.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-FL | Bill Posey | Original | Sep 29, 2010 |
| R-CA | Darrell Issa | Original | Sep 29, 2010 |
| R-GA | Jack Kingston | Original | Sep 29, 2010 |
| R-OH | Jim Jordan | Original | Sep 29, 2010 |
| R-TX | John Abney Culberson | Original | Sep 29, 2010 |
| R-AZ | John B. Shadegg | Original | Sep 29, 2010 |
| R-LA | John Fleming | Original | Sep 29, 2010 |
| R-PA | Joseph R. Pitts | Original | Sep 29, 2010 |
| R-IL | Judy Biggert | Original | Sep 29, 2010 |
| R-TX | Kenny Marchant | Original | Sep 29, 2010 |
| R-TX | Louie Gohmert | Original | Sep 29, 2010 |
| R-TN | Marsha Blackburn | Original | Sep 29, 2010 |
| R-IN | Mike Pence | Original | Sep 29, 2010 |
| R-TX | Pete Olson | Original | Sep 29, 2010 |
| R-GA | Phil Gingrey | Original | Sep 29, 2010 |
Actions 2
Everything that happened, newest first.
- Sep 29, 2010Introduced in House
- Sep 29, 2010Referred to the House Committee on Financial Services.
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Sep 29, 2010Introduced 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.