H.R.3068: TARP for Main Street Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about housing and community development
  • Introduced June 26, 2009
  • Latest Major Action July 9, 2009

Bill Summary

TARP for Main Street Act of 2009 - Directs the Secretary of the Treasury to transfer specified funds, from dividends paid by financial institution recipients of financial assistance under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008 (EESA), to the Housing Trust Fund and to the Secretary of Housing and Urban Development (HUD). Requires the use of such funds for assistance to: (1) states and local...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Committee Hearings Held.
June 26, 2009

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

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