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- H.R.710
H.R.710: Public Retiree's Investment Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced Jan. 27, 2009
- Latest Major Action Jan. 27, 2009
Bill Sponsor
Bill Cosponsor
Bill Summary
Public Retiree's Investment Act of 2009 - Authorizes the Secretary of the Treasury to guarantee eligible investments, or reguarantee a guarantee of eligible investments, by any public pension bank capital infusion fund mutually owned by state and local pension plans for the sole purpose of investing in preferred stocks of U.S. banking institutions. Requires each public pension plan with a mutual ownership interest in a capital infusion fund to...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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.
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Referred to House Financial Services
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Referred to House Ways and Means
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| Jan. 27, 2009 |
Introduced in the House by Gary L. Ackerman (D-N.Y.) |