3.0.0 3232 2023-01-11T13:18:28Z 2023-01-11T13:18:28Z House H HR 2009-07-16 111 hsba00 Financial Services Committee House Standing Referred to 2009-07-16T14:04:47Z 2009-07-16 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2009-07-16 Sponsor introductory remarks on measure. (CR E1824) IntroReferral B00100 9 Library of Congress 2009-07-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-07-16 Introduced in House IntroReferral 1000 9 Library of Congress K000372 Rep. Kilroy, Mary Jo [D-OH-15] Mary Jo Kilroy D OH 15 N S000344 Rep. Sherman, Brad [D-CA-27] BRAD SHERMAN D CA 27 2009-07-16 True S001174 Rep. Sutton, Betty [D-OH-13] Betty Sutton D OH 13 2009-07-16 True F000455 Rep. Fudge, Marcia L. [D-OH-11] Marcia Fudge D OH L. 11 2009-07-16 True B001263 Rep. Boccieri, John A. [D-OH-16] John Boccieri D OH A. 16 2009-07-16 True S001175 Rep. Speier, Jackie [D-CA-12] Jackie Speier D CA 12 2009-07-16 True G000556 Rep. Grayson, Alan [D-FL-8] Alan Grayson D FL 8 2009-07-16 True K000009 Rep. Kaptur, Marcy [D-OH-9] MARCY KAPTUR D OH 9 2009-07-23 False D000609 Rep. Driehaus, Steve [D-OH-1] Steve Driehaus D OH 1 2009-07-23 False W000187 Rep. Waters, Maxine [D-CA-35] MAXINE WATERS D CA 35 2009-07-23 False C001037 Rep. Capuano, Michael E. [D-MA-8] MICHAEL CAPUANO D MA E. 8 2009-07-27 False L000563 Rep. Lipinski, Daniel [D-IL-3] Daniel Lipinski D IL William 3 2009-07-31 False Finance and Financial Sector Bank accounts, deposits, capital Financial crises and stabilization Securities Finance and Financial Sector 00 2009-07-16 Introduced in House 2009-10-15T20:47:38Z Provide a Return on Financial Investment for the Taxpayer Act of 2009 or the PROFIT Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require the Secretary of the Treasury to sell through a public auction any warrants associated with EESA assistance each time a financial institution makes a repayment of such assistance.

Exempts from such requirement warrants associated with a repayment made by a financial institution that has received less than $250 million of such assistance.

]]> PROFIT Act of 2009 Display Title PROFIT Act of 2009 Official Title as Introduced To amend the Emergency Economic Stabilization Act of 2008 to require certain warrants held by the Secretary of the Treasury to be sold at public auction upon the repayment of the associated assistance provided under the Troubled Asset Relief Program. Introduced in House IH Short Titles as Introduced PROFIT Act of 2009 Short Titles as Introduced Provide a Return on Financial Investment for the Taxpayer Act of 2009 Introduced in House 2009-07-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr3232ih/xml/BILLS-111hr3232ih.xml 2009-07-16 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.