S.1243: STAR Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced June 11, 2009
  • Latest Major Action June 11, 2009

Bill Summary

Stop Tarp Asset Recycling Act of 2009 or the STAR Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require, beginning upon enactment of this Act, all repayments of funds and all proceeds from the sale of federally-acquired assets under the Troubled Asset Relief Program (TARP) to be used to reduce the public debt.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
June 11, 2009

Introduced in the Senate by Orrin G. Hatch (R-Utah)

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