Amendment provides that the financial industry and not taxpayers, will be responsible for making up any TARP shortfalls and that the TARP program will not add to the deficit or national debt.

Purpose:

An amendment numbered 16 printed in House Report 111-370 to authorize the FDIC to make assessments for the Systemic Dissolution Fund used to repay any shortfalls in Troubled Asset Relief Program (TARP) to ensure that such shortfalls do not add to the deficit or national debt.

House Amendment Code:

(A015)

House Tally Clerks use this code to manage amendment information.