H.R. 6337 · 111th Congress
Truth in Bailouts Act
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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.
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HensarlingSponsor22 cosponsors · 22 R
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Akin
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Bachus
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Biggert
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Blackburn
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Bishop
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Culberson
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Franks
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Fleming
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Garrett
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Gingrey
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Gohmert
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Issa
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Jordan
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Kingston
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Marchant
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Olson
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Pitts
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Pence
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Price
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Posey
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Rooney
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Shadegg22 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Truth in Bailouts Act - Amends the Emergency Economic Stabilization Act of 2008 to require any financial institution in which the Treasury holds an equity or debt position acquired under the Troubled Asset Relief Program (TARP) to provide the following displays: (1) at each of its places of business, signs disclosing, in a clear and conspicuous manner, the…
What it does: CRS summary · Introduced in House · Sep 29, 2010
Truth in Bailouts Act - Amends the Emergency Economic Stabilization Act of 2008 to require any financial institution in which the Treasury holds an equity or debt position acquired under the Troubled Asset Relief Program (TARP) to provide the following displays: (1) at each of its places of business, signs disclosing, in a clear and conspicuous manner, the statement "This institution has received financial assistance from the Federal Government under the Troubled Asset Relief Program and has not yet repaid the taxpayers"; and (2) on the main page of its website, the same disclosure in a clear and conspicuous manner.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Truth in Bailouts Act
Latest action (Sep 29, 2010): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 29, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.