Skip to content
PoliticalRepoPoliticalRepo

United States · Law · S

S. 383 (111th)

Special Inspector General for the Troubled Asset Relief Program Act of 2009

enactedUnited States· United States Congress· EN

Introduced

4 February 2009

Last action

24 April 2009 · Became law

Status

Became Public Law No: 111-15.

Sponsors

Sen. McCaskill, Claire [D-MO], Sen. Grassley, Chuck [R-IA], Sen. Collins, Susan M. [R-ME], Sen. Lieberman, Joseph I. [ID-CT], Sen. Snowe, Olympia J. [R-ME], Sen. Dodd, Christopher J. [D-CT], Sen. Bunning, Jim [R-KY], Sen. Schumer, Charles E. [D-NY], Sen. Nelson, Ben [D-NE], Sen. Shaheen, Jeanne [D-NH]

Subjects

Discovery layer

Source updated

5 December 2025

Official sourceDownload fileView documentsShare

Summary

Special Inspector General for the Troubled Asset Relief Program Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 to grant the Special Inspector General (SIG) authority to conduct, supervise, and coordinate an audit or investigation of any action taken with regard to the Troubled Asset Relief Program (TARP) that the SIG deems appropriate. Prohibits any audit or investigation, however, of any action related to: (1) graduated authorization to purchase troubled assets; (2) oversight and audits by the Comptroller General; (3) the Comptroller General's study and report on margin authority; and (4) the Congressional Oversight Panel. Authorizes the SIG to exercise specified employment authorities for additional personnel, but not after six months following enactment of this Act. Prohibits any period of appointment from exceeding the date on which the Office of the SIG terminates. States that if an annuitant receiving an annuity from the Civil Service Retirement and Disability Fund becomes employed within the Office of the SIG for the Troubled Asset Relief Program, such annuity shall continue. Limits such allowance to: (1) not more than 25 employees at any time as designated by the SIG; and (2) only pay periods beginning after the enactment of this Act. Requires the Secretary of the Treasury to: (1) either take action to address deficiencies identified by a report or investigation of the SIG or other auditor engaged by the TARP; or (2) certify to congressional committees that no action is necessary or appropriate. Instructs the SIG to work with Inspectors General of designated federal agencies to: (1) avoid duplication of effort; and (2) ensure comprehensive oversight of TARP. Requires the SIG to: (1) report to Congress by September 1, 2009, on the use of any funds received by a financial institution under TARP; and (2) make such report available to the public, including on the home page of the SIG's website within 24 hours after its submission to Congress. Requires funds for the office of the SIG to be made available not later than seven days after the the date of enactment of this Act. Makes the Special Inspector General for Iraq Reconstruction and the Special Inspector General for Afghanistan Reconstruction members of the Council of the Inspectors General on Integrity and Efficiency until the termination of their respective Offices.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 February 2009

    Introduced

    Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S1613-1614; text as passed Senate: CR S1613-1614)

    Source: Floor

  2. 4 February 2009

    Introduced

    Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.(consideration: CR S1613-1614; text as passed Senate: CR S1613-1614)

    Source: Floor

  3. 4 February 2009

    Introduced

    Introduced in Senate

    Source: IntroReferral

  4. 5 February 2009

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  5. 9 February 2009

    Introduced

    Referred to House Financial Services

    Source: IntroReferral

  6. 9 February 2009

    Introduced

    Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, 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.

    Source: IntroReferral

  7. 9 February 2009

    Floor

    Received in the House.

    Source: Floor

  8. 12 March 2009

    Reported

    Ordered to be Reported by Voice Vote.

    Source: Committee

  9. 12 March 2009

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  10. 19 March 2009

    Calendars

    Placed on the Union Calendar, Calendar No. 12.

    Source: Calendars

  11. 19 March 2009

    Discharge

    Committee on Oversight and Government discharged.

    Source: Discharge

  12. 19 March 2009

    Committee

    Committee on Oversight and Government discharged.

    Source: Committee

  13. 19 March 2009

    Reported

    Reported by the Committee on Financial Services. H. Rept. 111-41, Part I.

    Source: Committee

  14. 19 March 2009

    Reported

    Reported by the Committee on Financial Services. H. Rept. 111-41, Part I.

    Source: Committee

  15. 25 March 2009

    Action

    Cleared for White House.

  16. 25 March 2009

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  17. 25 March 2009

    Vote

    On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 423 - 0 (Roll no. 152). (text: CR H3847-3848)

    Source: Floor

  18. 25 March 2009

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 423 - 0 (Roll no. 152).(text: CR H3847-3848)

    Source: Floor

  19. 25 March 2009

    Floor

    Considered under suspension of the rules. (consideration: CR H3847-3851)

    Source: Floor

  20. 25 March 2009

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

  21. 25 March 2009

    Floor

    DEBATE - The House proceeded with forty minutes of debate on S. 383.

    Source: Floor

  22. 25 March 2009

    Floor

    Mr. Moore (KS) moved to suspend the rules and pass the bill.

    Source: Floor

  23. 14 April 2009

    Floor

    Presented to President.

    Source: Floor

  24. 14 April 2009

    President

    Presented to President.

    Source: President

  25. 24 April 2009

    Became law

    Signed by President.

    Source: BecameLaw

  26. 24 April 2009

    President

    Signed by President.

    Source: President

  27. 24 April 2009

    Became law

    Became Public Law No: 111-15.

    Source: President

Votes

No vote records are attached yet.

Versions

Documents

17 official files

Enrolled Bill (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Enrolled Bill (text)

    Enrolled Bill · EN

    ViewDownloadOpen at official source

  • Enrolled Bill (PDF)

    Enrolled Bill · EN

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Public Law (text)

    Public Law · EN · 24 April 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Public Law (PDF)

    Public Law · EN · 24 April 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Public Law

    summary · EN · 24 April 2009

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Reported in House (text)

    Reported in House · EN · 19 March 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Reported in House (PDF)

    Reported in House · EN · 19 March 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Passed House without amendment

    summary · EN · 19 March 2009

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Reported to House without amendment, Part I

    summary · EN · 19 March 2009

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Referred in House (text)

    Referred in House · EN · 9 February 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Referred in House (PDF)

    Referred in House · EN · 9 February 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Engrossed in Senate (text)

    Engrossed in Senate · EN · 4 February 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Engrossed in Senate (PDF)

    Engrossed in Senate · EN · 4 February 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Considered and Passed Senate (text)

    Considered and Passed Senate · EN · 4 February 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Considered and Passed Senate (PDF)

    Considered and Passed Senate · EN · 4 February 2009

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Passed Senate without amendment

    summary · EN · 4 February 2009

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in Senate

    summary · EN · 4 February 2009

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Related across the Repo ecosystem

Direct relationships are identifier-backed. Topic context means shared TopicMembership — not a citation and not causation.

Direct relationships

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.