3.0.0 7240 2019-11-15T20:56:28Z 2019-11-15T20:56:28Z House H HR 2008-10-02 110 hsba00 Financial Services Committee House Standing Referred to 2008-10-02T16:00:50Z 2008-10-02 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2008-10-02 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-10-02 Introduced in House IntroReferral 1000 9 Library of Congress D000191 Rep. DeFazio, Peter A. [D-OR-4] PETER DEFAZIO D OR A. 4 N J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2008-10-02 True K000009 Rep. Kaptur, Marcy [D-OH-9] MARCY KAPTUR D OH 9 2008-10-02 True H000948 Rep. Hulshof, Kenny C. [R-MO-9] KENNY HULSHOF R MO C. 9 2008-10-02 True S000185 Rep. Scott, Robert C. "Bobby" [D-VA-3] Robert Scott D VA C. "Bobby" 3 2008-10-02 True A000014 Rep. Abercrombie, Neil [D-HI-1] NEIL ABERCROMBIE D HI 1 2008-10-02 True H001042 Rep. Hirono, Mazie K. [D-HI-2] Mazie Hirono D HI K. 2 2008-10-02 True E000290 Rep. Edwards, Donna F. [D-MD-4] Donna Edwards D MD F. 4 2008-10-02 True C000714 Rep. Conyers, John, Jr. [D-MI-14] JOHN CONYERS D MI 14 2008-10-02 True C000984 Rep. Cummings, Elijah E. [D-MD-7] ELIJAH CUMMINGS D MD E. 7 2008-10-02 True S001174 Rep. Sutton, Betty [D-OH-13] Betty Sutton D OH 13 2008-10-02 True D000210 Rep. Delahunt, William D. [D-MA-10] William Delahunt D MA D. 10 2008-10-02 True J000288 Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4] Henry Johnson D GA C. "Hank" 4 2008-10-02 True Finance and Financial Sector Accounting and auditing Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Financial crises and stabilization Financial services and investments Government lending and loan guarantees Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2008-10-02 Introduced in House 2009-01-12T21:12:16Z Bringing Accounting, Increased Liquidity, Oversight and Upholding Taxpayer Security Act of 2008 or the No BAILOUTS Act of 2008 - Directs the Securities and Exchange Commission (SEC) to report to Congress on the effect of its clarification on fair value accounting issued September 30, 2008.

States that the order of the SEC issued September 17, 2008, continues in effect until: (1) canceled or withdrawn by the SEC; or (2) repealed by an Act of Congress.

Directs the SEC to: (1) reinstate rule 10a-1 (uptick rule on short sales of securities); (2) rescind rule 201 of regulation SHO; and (3) reinstate the price test restrictions that applied to short sales of securities before its action in the proceeding entitled "Regulation SHO and Rule 10a-1," adopted June 28, 2007.

Requires the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) to establish a net worth certificate program to provide capital to assist insured depository institutions to resolve solvency problems.

Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to increase from $100,000 to $250,000 the standard maximum deposit and share insurance amount.

]]> No BAILOUTS Act of 2008 Short Titles as Introduced No BAILOUTS Act of 2008 Short Titles as Introduced Bringing Accounting, Increased Liquidity, Oversight and Upholding Taxpayer Security Act of 2008 Display Title No BAILOUTS Act of 2008 Official Title as Introduced To direct the Securities and Exchange Commission to issue rules regarding short selling of securities, to establish a net worth certificate program in the Federal Deposit Insurance Corporation, increase the maximum amount of depository insurance, and for other purposes. Introduced in House 2008-10-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr7240ih/xml/BILLS-110hr7240ih.xml 2008-10-02 Referred to the House Committee on Financial Services. text/xml EN 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. Congressional Research Service, Library of Congress 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.