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- H.R.7240
H.R.7240: No BAILOUTS Act of 2008
About This Bill
- Introduced Oct. 2, 2008
- Latest Major Action Oct. 2, 2008
Bill Sponsor
Bill Cosponsors
12 (11 Democrats, 2 Republicans)
Bill Summary
Bringing Accounting, Increased Liquidity, Oversight and Upholding Taxpayer Security Act of 2008 or the No BAILOUTS Act of 2008 - Directs the Securities and Exchange Commission (SEC) to report to Congress on the effect of its clarification on fair value accounting issued September 30, 2008. States that the order of the SEC issued September 17, 2008, continues in effect until: (1) canceled or withdrawn by the SEC; or (2) repealed by an Act of...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Financial Services.
|
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Oct. 2, 2008 |
Introduced in the House by Peter A. DeFazio (D-Ore.) |