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    <number>1642</number>
    <updateDate>2023-01-11T13:18:08Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:18:08Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2009-08-06</introducedDate>
    <congress>111</congress>
    <committees>
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        <systemCode>ssbk00</systemCode>
        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2009-08-07T00:08:14Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
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        <actionDate>2009-08-06</actionDate>
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            <systemCode>ssbk00</systemCode>
            <name>Banking, Housing, and Urban Affairs Committee</name>
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          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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      <item>
        <actionDate>2009-08-06</actionDate>
        <text>Introduced in Senate</text>
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        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>B000953</bioguideId>
        <fullName>Sen. Brownback, Sam [R-KS]</fullName>
        <firstName>SAM</firstName>
        <lastName>BROWNBACK</lastName>
        <party>R</party>
        <state>KS</state>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Economics and Public Finance</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Budget deficits and national debt</name>
        </item>
        <item>
          <name>Financial crises and stabilization</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Economics and Public Finance</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2009-08-06</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2009-11-23T20:27:48Z</updateDate>
        <text><![CDATA[ <p>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.</p>]]></text>
      </summary>
    </summaries>
    <title>Save American Free Enterprise Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Save American Free Enterprise Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to reduce the national debt and eliminate the current slush fund at the Treasury Department by directing that proceeds from the Troubled Asset Relief Program go toward a reduction in the statutory debt limit.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Save American Free Enterprise Act</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>SAFE Act</title>
      </item>
    </titles>
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        <type>Introduced in Senate</type>
        <date>2009-08-06T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-111s1642is/xml/BILLS-111s1642is.xml</url>
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    <latestAction>
      <actionDate>2009-08-06</actionDate>
      <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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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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