HR 2009 · 111th Congress · Finance and Financial Sector

To amend the Emergency Economic Stabilization Act of 2008 to permit immediate repayment of direct capital investments received under the Troubled Asset Relief Program.

Introduced 2009-04-21· Sponsored by Rep. McClintock, Tom [R-CA-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2009-04-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Emergency Economic Stabilization Act of 2008 (EESA) to grant any financial institution that has received or receives a direct capital investment under the Troubled Asset Relief Program (TARP) the right to repay it immediately. Requires the Secretary of the Treasury to accept such a payment unconditionally.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

20 Republicans
Rep. Chaffetz, Jason [R-UT-3]UT
Rep. Fleming, John [R-LA-4]LA
Rep. King, Steve [R-IA-5]IA
Rep. Lummis, Cynthia M. [R-WY-At Large]WY
Rep. Bartlett, Roscoe G. [R-MD-6]MD
Rep. Pitts, Joseph R. [R-PA-16]PA
Rep. Manzullo, Donald A. [R-IL-16]IL
Rep. Bachmann, Michele [R-MN-6]MN
Rep. Blackburn, Marsha [R-TN-7]TN
Rep. Jordan, Jim [R-OH-4]OH
Rep. Price, Tom [R-GA-6]GA
Rep. Garrett, Scott [R-NJ-5]NJ
Rep. Akin, W. Todd [R-MO-2]MO
Rep. Lamborn, Doug [R-CO-5]CO
Rep. Fallin, Mary [R-OK-5]OK
Rep. Royce, Edward R. [R-CA-40]CA
Rep. Bonner, Jo [R-AL-1]AL
Rep. Flake, Jeff [R-AZ-6]AZ
Rep. Olson, Pete [R-TX-22]TX
Rep. Barrett, J. Gresham [R-SC-3]SC