H.R. 7297 · 110th Congress
Emergency Automobile Industry American Jobs Protection Act of 2008
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
Jackson LeeSponsorNo cosponsors.
Emergency Automobile Industry American Jobs Protection Act of 2008 - States that any distribution of loan funds to General Motors, Ford, and Chrysler (Big Three) should be conditioned upon their certifying to Congress, before the disbursement, that: (1) U.S.
What it does: CRS summary · Introduced in House · Nov 20, 2008
Emergency Automobile Industry American Jobs Protection Act of 2008 - States that any distribution of loan funds to General Motors, Ford, and Chrysler (Big Three) should be conditioned upon their certifying to Congress, before the disbursement, that: (1) U.S. automobile jobs will not be decreased by relocation to foreign countries; (2) automobile dealerships will benefit from the receipt of these loan funds; (3) the Big Three shall provide for the stability of such dealerships; and (4) U.S. automobile suppliers will also be supported by and stabilized such loan funding.
States that no loan funds should be used by the Big Three to allow them to relocate overseas if the relocation causes the loss of U.S. automobile industry jobs, dealerships, or suppliers.
Declares that such loan funds should be used to: (1) ensure the stability of the Big Three; and (2) establish a long-term plan of growth for automobile dealerships and automotive industry suppliers.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Emergency Automobile Industry American Jobs Protection Act of 2008
Latest action (Nov 20, 2008): Referred to the House Committee on Financial Services.
Policy area: Commerce · Origin: House · Introduced: Nov 20, 2008
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.