S.RES.175: A resolution expressing the sense of the Senate that the Federal Government is a reluctant shareholder in the ownership of General Motors and Chrysler.

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about commerce
  • Introduced June 9, 2009
  • Latest Major Action June 9, 2009

Bill Sponsor

Bill Summary

Expresses the sense of the Senate that: (1) the federal government is only a temporary stakeholder in the American automotive industry and should take all possible steps to divest its ownership interests in General Motors Corporation and Chrysler Motors LLC as expeditiously as possible; and (2) the Comptroller General shall conduct a study to determine the period of time it may take General Motors and Chrysler to return to solvency and for the...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Banking, Housing, and Urban Affairs.
June 9, 2009

Introduced in the Senate by Ben Nelson (D-Neb.)

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