A resolution expressing the sense of the Senate that the Federal Government is a reluctant shareholder in the ownership of General Motors and Chrysler.

referredUnited States· United States Congress· EN

Introduced

9 June 2009

Last action

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Status

Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S6386)

Summary

Expresses the sense of the Senate that: (1) the federal government is only a temporary stakeholder in the American automotive industry and should take all possible steps to divest its ownership interests in General Motors Corporation and Chrysler Motors LLC as expeditiously as possible; and (2) the Comptroller General shall conduct a study to determine the period of time it may take General Motors and Chrysler to return to solvency and for the federal government to complete its divestiture.

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Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 9 June 2009
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Introduced in Senate (PDF)
Introduced in Senate · EN · 9 June 2009
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Introduced in Senate
summary · EN · 9 June 2009
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Sources

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Official source: https://www.congress.gov/bill/111th-congress/senate-resolution/175
Open data entity: https://api.congress.gov/v3/bill/111/sres/175