H.R.4482: Pay It Back Act

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about economics and public finance
  • Introduced Jan. 20, 2010
  • Latest Major Action Jan. 20, 2010

Bill Summary

Pay It Back Act - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to revise the limitation on the authority of the Secretary of the Treasury to purchase troubled assets under the Troubled Asset Relief Program (TARP) to $700 billion outstanding at any one time. Changes the maximum authority to $700 billion, in the aggregate, or such higher amount, in the aggregate, as has been obligated or expended under TARP as of the enactment...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, and Appropriations, 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 Ways and Means
Referred to House Appropriations
Jan. 20, 2010

Introduced in the House by Leonard Lance (R-N.J.)

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