3.0.0 467 2022-02-03T06:09:03Z 2022-02-03T06:09:03Z House H HR 2009-01-13 111 hsba00 Financial Services Committee House Standing Referred to 2009-01-13T17:32:41Z 2009-01-13 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2009-01-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-01-13 Introduced in House IntroReferral 1000 9 Library of Congress S001175 Rep. Speier, Jackie [D-CA-12] Jackie Speier D CA 12 N E000215 Rep. Eshoo, Anna G. [D-CA-14] ANNA ESHOO D CA G. 14 2009-01-13 True S001156 Rep. Sánchez, Linda T. [D-CA-39] Linda Sánchez D CA T. 39 2009-02-04 False C001078 Rep. Connolly, Gerald E. [D-VA-11] Gerald Connolly D VA E. 11 2009-02-13 False S001150 Rep. Schiff, Adam B. [D-CA-29] ADAM SCHIFF D CA B. 29 2009-05-05 False G000556 Rep. Grayson, Alan [D-FL-8] Alan Grayson D FL 8 2009-05-05 False P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2009-05-05 False E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2009-05-12 False B001234 Rep. Baca, Joe [D-CA-43] JOE BACA D CA 43 2009-06-15 False F000030 Rep. Farr, Sam [D-CA-17] SAM FARR D CA 17 2009-06-15 False F000116 Rep. Filner, Bob [D-CA-51] BOB FILNER D CA 51 2009-06-25 False S001158 Rep. Salazar, John T. [D-CO-3] John Salazar D CO T. 3 2010-02-22 False Finance and Financial Sector Bank accounts, deposits, capital Bankruptcy Financial crises and stabilization Financial services and investments Intergovernmental relations Securities State and local finance Finance and Financial Sector 00 2009-01-13 Introduced in House 2009-03-17T19:14:52Z Equitable Treatment of State and Local Governments Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Secretary of the Treasury to purchase at face value debt instruments issued by Lehman Brothers Holdings Inc. which: (1) were held as of September 15, 2008, by any state or local government, or any other public entity or instrumentality established under state law; (2) have been held by such entity continuously since such date; and (3) are subject to bankruptcy proceedings filed on September 15, 2008, by Lehman Brothers Holdings Inc.

Declares that the Secretary: (1) shall be substituted as a creditor in any bankruptcy proceeding for any state or local government, or any other public entity or instrumentality established under state law from which the Secretary purchases a debt instrument; and (2) has the same standing in such proceedings with respect to other creditors as the state or local government or public entity for which the Secretary is substituted.

]]> Equitable Treatment of State and Local Governments Act of 2009 Short Titles as Introduced Equitable Treatment of State and Local Governments Act of 2009 Display Title Equitable Treatment of State and Local Governments Act of 2009 Official Title as Introduced To put State and local governments and other public entity or instrumentality established under State law in the same position they would have been in had the Secretary of the Treasury and the Board of Governors of the Federal Reserve System provided emergency financial assistance to Lehman Brothers Holdings Inc. by requiring the Secretary of the Treasury to purchase bonds issued by such financial institution, and for other purposes. Introduced in House 2009-01-13T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr467ih/xml/BILLS-111hr467ih.xml 2009-01-13 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.