Bailouts Are Not For Sale Act

Summary

Bailouts Are Not For Sale Act - Prohibits a corporation which has made any independent expenditure or disbursement for an electioneering communication in connection with a federal election campaign from: (1) having any notes discounted by any federal reserve bank, or (2) otherwise accessing or receiving the benefit of any financing provided by the Board of Governors of the Federal Reserve System or any federal reserve bank (including any credit facility established by the Board or any federal reserve bank). Directs the Board to require a corporation that has entered into such a transaction or financing agreement before enactment of this Act to unwind it and repay any amount outstanding within 90 days after enactment of this Act.

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Timeline

1. 4 March 2010

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 4 March 2010

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 March 2010

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 March 2010 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 March 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 March 2010

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 March 2010

  Open at official source

Sponsors

• Rep. Grayson, Alan [D-FL-9] · D · Sponsor
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.