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Searching...- Bills
- H.R.5125
H.R.5125: Restitution for Local Government Act of 2010
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced April 22, 2010
- Latest Major Action April 27, 2010
Bill Sponsor
Bill Cosponsors
7 (All Democrats)
Bill Summary
Restitution for Local Government Act of 2010 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require any profit made by the Secretary of the Treasury under the Troubled Asset Relief Program (TARP) to be used to purchase from local governments any securities, bonds, and other financial instruments issued by Lehman Brothers Holding, Inc. that were held by such governments on September 12, 2008. Limits the aggregate amount of...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Financial Services.
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|
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Sponsor introductory remarks on measure.
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| April 22, 2010 |
Introduced in the House by Anna G. Eshoo (D-Calif.) |