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  <version>3.0.0</version>
  <bill>
    <number>7119</number>
    <updateDate>2019-11-15T20:56:31Z</updateDate>
    <updateDateIncludingText>2019-11-15T20:56:31Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2008-09-26</introducedDate>
    <congress>110</congress>
    <committees>
      <item>
        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2008-09-26T13:03:50Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2008-09-27</actionDate>
        <text>Sponsor introductory remarks on measure. (CR E2083)</text>
        <type>IntroReferral</type>
        <actionCode>B00100</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2008-09-26</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
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        <committees>
          <item>
            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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      <item>
        <actionDate>2008-09-26</actionDate>
        <text>Introduced in House</text>
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        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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      </item>
      <item>
        <actionDate>2008-09-26</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>K000360</bioguideId>
        <fullName>Rep. Kirk, Mark Steven [R-IL-10]</fullName>
        <firstName>MARK</firstName>
        <lastName>KIRK</lastName>
        <party>R</party>
        <state>IL</state>
        <middleName>STEVEN</middleName>
        <district>10</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>C001065</bioguideId>
        <fullName>Rep. Carney, Christopher P. [D-PA-10]</fullName>
        <firstName>Christopher</firstName>
        <lastName>Carney</lastName>
        <party>D</party>
        <state>PA</state>
        <middleName>P.</middleName>
        <district>10</district>
        <sponsorshipDate>2008-09-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000299</bioguideId>
        <fullName>Rep. Diaz-Balart, Lincoln [R-FL-21]</fullName>
        <firstName>LINCOLN</firstName>
        <lastName>DIAZ-BALART</lastName>
        <party>R</party>
        <state>FL</state>
        <district>21</district>
        <sponsorshipDate>2008-09-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>E000187</bioguideId>
        <fullName>Rep. English, Phil [R-PA-3]</fullName>
        <firstName>PHIL</firstName>
        <lastName>ENGLISH</lastName>
        <party>R</party>
        <state>PA</state>
        <district>3</district>
        <sponsorshipDate>2008-09-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S000275</bioguideId>
        <fullName>Rep. Shadegg, John B. [R-AZ-3]</fullName>
        <firstName>JOHN</firstName>
        <lastName>SHADEGG</lastName>
        <party>R</party>
        <state>AZ</state>
        <district>3</district>
        <sponsorshipDate>2008-09-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M000472</bioguideId>
        <fullName>Rep. McHugh, John M. [R-NY-23]</fullName>
        <firstName>JOHN</firstName>
        <lastName>MCHUGH</lastName>
        <party>R</party>
        <state>NY</state>
        <middleName>M.</middleName>
        <district>23</district>
        <sponsorshipDate>2008-09-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000600</bioguideId>
        <fullName>Rep. Diaz-Balart, Mario [R-FL-25]</fullName>
        <firstName>Mario</firstName>
        <lastName>Diaz-Balart</lastName>
        <party>R</party>
        <state>FL</state>
        <district>25</district>
        <sponsorshipDate>2008-10-02</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Corporate finance and management</name>
        </item>
        <item>
          <name>Financial crises and stabilization</name>
        </item>
        <item>
          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Government lending and loan guarantees</name>
        </item>
        <item>
          <name>Wages and earnings</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2008-09-26</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2009-01-06T17:21:39Z</updateDate>
        <text><![CDATA[ <p>Prohibits the use of any funds made available under any Act authorizing the Secretary of the Treasury to purchase troubled assets to provide income for any senior officer of any company, entity, or partnership that receives credit or other direct assistance under such Act.</p> <p>Authorizes the Secretary to terminate the employment of any such senior officer who receives credit or direct assistance under any such Act.</p> <p>Defines &quot;senior officer&quot; as any chairman of the board, chief executive officer, chief financial officer, managing partner, or any individual deemed by the Secretary as having primary management or financial authority over the company, entity, or partnership before the receipt of credit or direct assistance under any such Act.</p>]]></text>
      </summary>
    </summaries>
    <title>To impose certain limits on the exercise by the Secretary of the Treasury of certain actions under any other Act which authorizes the Secretary to purchase troubled assets, and for other purposes.</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>To impose certain limits on the exercise by the Secretary of the Treasury of certain actions under any other Act which authorizes the Secretary to purchase troubled assets, and for other purposes.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To impose certain limits on the exercise by the Secretary of the Treasury of certain actions under any other Act which authorizes the Secretary to purchase troubled assets, and for other purposes.</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2008-09-26T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-110hr7119ih/xml/BILLS-110hr7119ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2008-09-27</actionDate>
      <text>Sponsor introductory remarks on measure. (CR E2083)</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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