H.R. 3455 · 111th Congress
To make available funds from the Emergency Economic Stabilization Act of 2008 for funding a voluntary…
Full title
To make available funds from the Emergency Economic Stabilization Act of 2008 for funding a voluntary employees' beneficiary association with respect to former employees of Delphi Corporation.
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
RyanSponsor12 cosponsors · 8 D, 4 R
D
Boccieri
MK
D
Kaptur
DK
D
Kucinich
MJ
D
Jo Kilroy
TM
R
McCotter
BS
D
Sutton
CW
D
Wilson
MF
D
Fudge
SL
R
LaTourette
MT
R
Turner
SA
R
Austria
BT
D
Thompson7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Directs the Secretary of the Treasury to enter into an agreement with a volunteer employees' beneficiary association (VEBA) established after enactment of this Act for the benefit of eligible separated employees of Delphi Corporation (and their dependents) in order to transfer amounts to the VEBA for purposes of establishing, or obtaining coverage under, a…
What it does: CRS summary · Introduced in House · Jul 31, 2009
Directs the Secretary of the Treasury to enter into an agreement with a volunteer employees' beneficiary association (VEBA) established after enactment of this Act for the benefit of eligible separated employees of Delphi Corporation (and their dependents) in order to transfer amounts to the VEBA for purposes of establishing, or obtaining coverage under, a health care plan for the benefit of such employees (and dependents).
Limits the application of this Act to employees with respect to whom the obligation of Delphi Corporation or General Motors Corporation to provide health care coverage has been discharged in a bankruptcy proceeding.
Directs the Secretary to make available up to $3 billion in Troubled Asset Relief Program (TARP) funds, under the Emergency Economic Stabilization Act of 2008 (EESA), to provide health care coverage that is substantially the same as the coverage the obligation for which was so discharged.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To make available funds from the Emergency Economic Stabilization Act of 2008 for funding a voluntary employees' beneficiary association with respect to former employees of Delphi Corporation.
Latest action (Oct 22, 2009): Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jul 31, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.