There are 2 versions of this amendment. View text

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Purpose

To require financial institutions receiving TARP assistance to redeem from the United States preferred stock in an amount equal to excess bonuses for 2008 or to pay a 35 percent tax on such amount.


Actions (2)

Date All Actions
02/06/2009Amendment SA 468 agreed to in Senate by Voice Vote.
02/06/2009Amendment SA 468 proposed by Senator Wyden to Amendment SA 98. (consideration: CR S1834-1837, S1855; text: CR S1835) To require financial institutions receiving TARP assistance to redeem from the United States preferred stock in an amount equal to excess bonuses for 2008 or to pay a 35 percent tax on such amount.

Cosponsors (3)

* = Original cosponsor
Cosponsor Date Cosponsored
Sen. Snowe, Olympia J. [R-ME]* 02/05/2009
Sen. Lincoln, Blanche L. [D-AR]* 02/05/2009
Sen. Landrieu, Mary L. [D-LA] 02/06/2009