HR 3696 · 111th Congress · Economics and Public Finance

To prohibit recipients of TARP assistance from funding ACORN, and for other purposes.

Introduced 2009-10-01· Sponsored by Rep. Bachus, Spencer [R-AL-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2009-10-01)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Emergency Economic Stabilization Act of 2008 (EESA) to prohibit any entity in receipt of financial assistance under the Trouble Asset Relief Program (TARP) (or any other program enacted by the Secretary under EESA authorities) from providing any direct or indirect assistance to, funding, promoting, or in any way contributing to the activities of the Association of Community Organizations for Reform Now (ACORN) or an ACORN-related affiliate. Exempts from this prohibition any entity that has repaid all outstanding amounts of TARP or related financial assistance.…

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

Cosponsors (20)

20 Republicans
Rep. Boehner, John A. [R-OH-8]OH
Rep. Hensarling, Jeb [R-TX-5]TX
Rep. Garrett, Scott [R-NJ-5]NJ
Rep. Jones, Walter B., Jr. [R-NC-3]NC
Rep. Lance, Leonard [R-NJ-7]NJ
Rep. McCarthy, Kevin [R-CA-22]CA
Rep. Royce, Edward R. [R-CA-40]CA
Rep. McCotter, Thaddeus G. [R-MI-11]MI
Rep. Posey, Bill [R-FL-15]FL
Rep. King, Peter T. [R-NY-3]NY
Rep. Capito, Shelley Moore [R-WV-2]WV
Rep. Gerlach, Jim [R-PA-6]PA
Rep. Biggert, Judy [R-IL-13]IL
Rep. Lee, Christopher J. [R-NY-26]NY
Rep. McHenry, Patrick T. [R-NC-10]NC
Rep. Bachmann, Michele [R-MN-6]MN
Rep. Manzullo, Donald A. [R-IL-16]IL
Rep. Price, Tom [R-GA-6]GA
Rep. Issa, Darrell E. [R-CA-49]CA
Rep. Smith, Lamar [R-TX-21]TX