S. 1642 · 111th Congress
Save American Free Enterprise 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.
R
BrownbackSponsorNo cosponsors.
Save American Free Enterprise Act or the SAFE Act - Lowers the statutory public debt limit by the aggregate amounts of $80.893 billion, plus revenues received from the sale of troubled assets purchased, or from the sale, exercise, or surrender of warrants or senior debt instruments acquired, under the Troubled Asset Relief Program (TARP) established by the…
What it does: CRS summary · Introduced in Senate · Aug 6, 2009
Save American Free Enterprise Act or the SAFE Act - Lowers the statutory public debt limit by the aggregate amounts of $80.893 billion, plus revenues received from the sale of troubled assets purchased, or from the sale, exercise, or surrender of warrants or senior debt instruments acquired, under the Troubled Asset Relief Program (TARP) established by the Emergency Economic Stabilization Act of 2008, including interest and dividends attributable to those amounts after August 7, 2009.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Save American Free Enterprise Act
Also known as: SAFE Act
Latest action (Aug 6, 2009): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Aug 6, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.