H.J.RES.3: Relating to the disapproval of obligations under the Emergency Economic Stabilization Act of 2008.

About This Bill

Bill Summary

Disapproves the obligation of any amount to purchase troubled assets under the Emergency Economic Stabilization Act of 2008 exceeding those already obligated (namely, $250 billion, or upon presidential certification, $350 billion).

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.J.RES.3.

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Considered as privileged matter.
DEBATE - The House proceeded with two hours of debate on H.J. Res. 3.
The previous question was ordered pursuant to the statute.
On passage Passed by the Yeas and Nays: 270 - 155 (Roll no. 27).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan. 6, 2009

Introduced in the House by Virginia Foxx (R-N.C.)

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