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- S.1280
S.1280: TARP Recipient Ownership Trust 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 17, 2009
- Latest Major Action June 17, 2009
Bill Sponsor
Bill Cosponsors
5 (4 Democrats, 2 Republicans)
Bill Summary
TARP Recipient Ownership Trust Act of 2009 - Amends Emergency Economic Stabilization Act of 2008 (EESA) to authorize the Secretary of the Treasury to delegate to a private entity management authority with respect to any entity assisted under the Act. Prohibits any expenditure of funds under the Troubled Asset Relief Program (TARP) until the Secretary transfers all voting, nonvoting, and common equity in any designated TARP recipient to a...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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| June 17, 2009 |
Introduced in the Senate by Bob Corker (R-Tenn.) |