To amend the Emergency Economic Stabilization Act of 2008 to provide for more detailed repayment procedures for assistance received under the Troubled Asset Relief Program.

referredUnited States· United States Congress· EN

Introduced

27 April 2009

Last action

—

Status

Referred to the House Committee on Financial Services.

Summary

Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Secretary of the Treasury, upon notification that a financial institution is prepared to repay specified EESA assistance immediately, either to: (1) accept such repayment; or (2) notify the institution that its financial position does not currently permit such repayment, and detail steps it can take to satisfy the Secretary and the appropriate federal banking agency that it is able to make such repayment.

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Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 27 April 2009
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Introduced in House (PDF)
Introduced in House · EN · 27 April 2009
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Introduced in House
summary · EN · 27 April 2009
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Official source: https://www.congress.gov/bill/111th-congress/house-bill/2118
Open data entity: https://api.congress.gov/v3/bill/111/hr/2118