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United States · Bill · HR

H.R. 2907 (111th)

To amend the Emergency Economic Stabilization Act of 2008 to ensure that recipients of assistance under the Troubled Asset Relief Program repay such assistance only if they would remain well capitalized after such repayment.

referredUnited States· United States Congress· EN

Introduced

16 June 2009

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Amends the Emergency Economic Stabilization Act of 2008 (EESA) to allow recipients of Troubled Asset Relief Program (TARP) funds to repay such funds if they will be well capitalized after such repayment, as determined by the federal banking agency having supervisory authority over such recipients. Eliminates the requirement that the Secretary of the Treasury liquidate warrants associated with repaid TARP funds at the current market price.

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Documents

3 official files

Introduced in House (text)

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