S.431: Economic Recovery Adjustment Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Feb. 12, 2009
  • Latest Major Action Feb. 12, 2009

Bill Summary

Economic Recovery Adjustment Act of 2009 - Establishes within the Department of Justice the Office of the Taxpayer Advocate to conduct audits and oversight of the compensation of the officers and directors of entities assisted under the Troubled Asset Relief Program (TARP). Authorizes the Advocate to assist the Secretary of the Treasury in the negotiation of TARP assistance in order to: (1) assure that fair and reasonable executive...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.431.

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 12, 2009

Introduced in the Senate by Sheldon Whitehouse (D-R.I.)

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