HR 4357 · 111th Congress · Finance and Financial Sector

Federal Bailout for American Individuals and Families in Distress Today and Tomorrow Act of 2009

Introduced 2009-12-16· Sponsored by Rep. Baca, Joe [D-CA-43]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Workforce Protections.(2010-02-23)

Plain Language Summary

[AI summary unavailable — showing source text] Federal Bailout for American Individuals and Families in Distress Today and Tomorrow Act of 2009 - Directs the Secretary of the Treasury to make funds repaid to the Treasury by financial institutions under the Troubled Asset Relief Program (TARP) available in the following amounts: (1) $8 billion to the Secretary of Labor for certain activities under the Workforce Investment Act of 1998, including $2 billion for grants to states for adult employment and training activities, $2 billion for Migrant and Seasonal Farmworker Programs, and $4 billion for benefits and services under the Trade Adjustment Assistance for Workers program; and (2) $2 billion to the Secretary of Health and Human Services (HHS) for deposit into the Emergency Contingency Fund for State Temporary Assistance for Needy Families (TANF) Programs.…

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

Cosponsors (2)

2 Democrats