Text: H.R.4110 — 111th Congress (2009-2010)All Information (Except Text)

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Introduced in House (11/18/2009)


111th CONGRESS
1st Session
H. R. 4110


To repeal the authority of the Secretary of the Treasury to extend the Troubled Asset Relief Program.


IN THE HOUSE OF REPRESENTATIVES

November 18, 2009

Mr. Paulsen (for himself, Mr. Wilson of South Carolina, Mr. McCarthy of California, Mr. Lee of New York, Mr. Price of Georgia, Mr. Lance, Mr. Burgess, Mr. Neugebauer, Mrs. Bachmann, Mr. Bachus, Mr. Kline of Minnesota, Mr. Barrett of South Carolina, Mr. Bartlett, Mrs. Schmidt, Mr. Roe of Tennessee, Ms. Fallin, Mr. Garrett of New Jersey, Mr. Thompson of Pennsylvania, Mr. Akin, Mr. Carter, Mr. Posey, Mr. Marchant, Mr. Lamborn, Mr. King of Iowa, Mr. Rooney, Mr. Shadegg, Mr. Franks of Arizona, Mr. Conaway, Mr. Cole, Ms. Granger, Mr. Hall of Texas, Mr. Gohmert, Mr. Shimkus, Mr. Hensarling, Mr. Chaffetz, Ms. Jenkins, Mr. Harper, Mr. Lucas, Mr. Terry, Mr. Manzullo, Mrs. Capito, Mr. Heller, Mrs. Lummis, Mrs. Biggert, Mr. Brady of Texas, Mr. McClintock, Mr. Gary G. Miller of California, Mr. Castle, Mr. Fleming, Mr. McHenry, Mr. Putnam, Mr. Smith of Nebraska, Mr. Tiahrt, Mr. Guthrie, Mr. Hunter, Mr. Cao, and Mr. Paul) introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To repeal the authority of the Secretary of the Treasury to extend the Troubled Asset Relief Program.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “TARP Sunset Act of 2009”.

SEC. 2. Repeal of TARP extension authority.

Section 120 of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5230) is amended—

(1) by striking “(a) Termination.—”; and

(2) by striking subsection (b).


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