H.R.7321: Auto Industry Financing and Restructuring Act

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about congress
  • Introduced Dec. 10, 2008
  • Latest Major Action Dec. 11, 2008

Bill Summary

Auto Industry Financing and Restructuring Act - (Sec. 3) Directs the President to designate one or more executive branch officers (designee) to carry out the purposes of this Act. Requires such designee to have appropriate expertise to facilitate the restructuring necessary to achieve the long-term financial viability of domestic automobile manufacturers. (Sec. 4) Requires the designee to authorize and direct the disbursement of bridge loans...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 5 statements associated with H.R.7321.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.7321.

Bill Actions

Date Description
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Ways and Means, the Judiciary, Transportation and Infrastructure, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Financial Services
Referred to House Energy and Commerce
Referred to House Ways and Means
Referred to House Judiciary
Referred to House Transportation and Infrastructure
Referred to the Subcommittee on Highways and Transit.
Referred to House Budget
Rules Committee Resolution H. Res. 1534 Reported to House. Rule provides for consideration of H.R. 7321 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. A specified amendment is in order.
Rule H. Res. 1534 passed House.
Considered under the provisions of rule H. Res. 1534.
Rule provides for consideration of H.R. 7321 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. A specified amendment is in order.
DEBATE - The House proceeded with one hour of debate on H.R. 7321.
DEBATE - The House resumed with debate on H.R. 7321.
DEBATE - Pursuant to the provisions of H.Res. 1534, the House proceeded with 10 minutes of debate on the LaTourette amendment.
On passage Passed by recorded vote: 237 - 170, 1 Present (Roll no. 690).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate.
Dec. 10, 2008

Introduced in the House by Barney Frank (D-Mass.)

Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print Google News logo Google_NewsInitiative_Lockup_FullColor RSS Search Search Twitter WhatsApp Resolving differences Check Building Arrow right Info circle Oops OOPS Pencil File text Bars Search Close Cogs Filter Compare Revolving Door Info card Activity Member menu Globe Document External link Quote News Calendar No Vote
Current site Current page