To amend the American Recovery and Reinvestment Act of 2009 and the Emergency Economic Stabilization Act of 2008 to consolidate certain CBO reporting requirements.
Latest action · Dec 4, 2012 Became Public Law No: 112-204.
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.
- IntroducedOct 12, 2012
- Passed HouseNov 14, 2012
- Passed SenateNov 15, 2012
- To the PresidentNov 28, 2012
- Became lawDec 4, 2012Public Law 112-204
Summary
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Amends the Jobs Accountability Act, in title XV of division A of the American Recovery and Reinvestment Act of 2009, to revise the deadline for comments by the Congressional Budget Office (CBO) and the Government Accountability Office (GAO) on information contained in specified quarterly reports to the appropriate agency by each recipient of federal recovery funds with respect to an estimate of the number of jobs created and retained by the expenditure or obligation of such funds on a project or activity.
Requires these comments on the quarterly reports in a year to be due 45 days after the report for the last quarter of the year is submitted. (Currently, such reports are due within 45 days after submission to the appropriate agency.)
Terminates the requirement of the CBO and GAO comments on January 1, 2016.
Amends the Emergency Economic Stabilization Act of 2008 to change from semiannual to annual the required reports to the President and Congress from the Office of Management and Budget (OMB) of specified information and estimates regarding the Troubled Asset Relief Program (TARP).
Terminates these TARP reporting requirements with the annual period on the last day of which all troubled assets acquired by the Secretary of the Treasury have been sold or transferred out of the ownership or control of the federal government.
Cosponsors
Members who signed on, in the order they did.
Committees 3
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Oct 12, 2012 |
| House | Education and Workforce Committee | Referred Oct 12, 2012 |
| House | Budget Committee | Referred Oct 12, 2012 |
Actions 12
Everything that happened, newest first.
- Dec 4, 2012Signed by President.
- Dec 4, 2012Became Public Law No: 112-204.
- Nov 28, 2012Presented to President.
- Nov 16, 2012Message on Senate action sent to the House.
- Nov 15, 2012Passed/agreed to in Senate: Received in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S6870)
- Nov 14, 2012Mr. Garrett moved to suspend the rules and pass the bill.
- Nov 14, 2012Considered under suspension of the rules. (consideration: CR H6351-6352)
- Nov 14, 2012DEBATE - The House proceeded with forty minutes of debate on H.R. 6570.
- Nov 14, 2012Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6351-6352)
- Nov 14, 2012Motion to reconsider laid on the table Agreed to without objection.
- Oct 12, 2012Introduced in House
- Oct 12, 2012Referred to the Committee on Financial Services, and in addition to the Committees on Education and the Workforce, and the Budget, 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.
In the Congressional Record 3
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S6870 | Mary L. Landrieu D-LA | Nov 15, 2012 |
| House | Debate and remarks H6351, H6352Text printed H6351 | Carolyn B. Maloney D-NY, Scott Garrett R-NJ | Nov 14, 2012 |
| House | Declaratory Statements H6307Lists H6306H.R. 6570–6574 | — | Oct 12, 2012 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the page H6306.
CRS reports 2
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 2
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| 97-1011 | Salaries of Members of Congress: Recent Actions and Historical Tables | Report | May 6, 2026 |
| R41684 | Enacted and Proposed Oil Spill Legislation in the 112th Congress Archived | Report | Jan 16, 2013 |
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the American Recovery and Reinvestment Act of 2009 and the Emergency Economic Stabilization Act of 2008 to consolidate certain CBO reporting requirements.
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Text 4
Each version as it was printed, newest first.
- —Enrolled Bill
- Nov 15, 2012Received in Senate
- Nov 14, 2012Engrossed in House
- Oct 12, 2012Introduced 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.
