Amendment111th Congress
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.
- Amendment Number
- 531
- Description
- 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.
- Congress
- 111
- Type
- HAMDT
- Latest Action Date
- Dec 11, 2009
- Latest Action Text
- On agreeing to the Peters amendment (A015) Agreed to by recorded vote: 228 - 198 (Roll no. 962).
- Latest Action Time
- 11:29:51
- Submitted Date
- Dec 11, 2009
- Chamber
- House of Representatives
- Update Date
- Feb 3, 2022