3.0.0 4308 2021-04-19T19:33:21Z 2021-04-19T19:33:21Z House H HR 2012-03-29 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CLARKE of Michigan:H.R. 4308.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18 of the Constitution of theUnited States.[Page H1806]]]> hsgo00 Oversight and Accountability Committee House Standing Referred to 2012-03-29T13:04:35Z 2012-03-29 Referred to the House Committee on Oversight and Government Reform. IntroReferral H11100 2 House floor actions hsgo00 Oversight and Accountability Committee 2012-03-29 Sponsor introductory remarks on measure. (CR H1796) IntroReferral B00100 9 Library of Congress 2012-03-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-03-29 Introduced in House IntroReferral 1000 9 Library of Congress C001085 Rep. Clarke, Hansen [D-MI-13] Hansen Clarke D MI 13 N C000714 Rep. Conyers, John, Jr. [D-MI-14] JOHN CONYERS D MI 14 2012-03-29 True C001061 Rep. Cleaver, Emanuel [D-MO-5] Emanuel Cleaver D MO 5 2012-03-29 True H001050 Rep. Hanabusa, Colleen W. [D-HI-1] Colleen Hanabusa D HI W. 1 2012-03-29 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2012-03-29 True Economics and Public Finance Accounting and auditing Government lending and loan guarantees Government trust funds Michigan State and local finance Urban and suburban affairs and development Economics and Public Finance 00 2012-03-29 Introduced in House 2012-04-18T20:42:29Z Detroit Growth and Stability Act of 2012 - Authorizes the Secretary of the Treasury to: (1) make loans to a financing agent authorized by the state of Michigan to act on behalf of the city of Detroit, Michigan, for which the financing agent and the city shall be jointly and severally liable; and (2) require the city and the financing agent to provide security for such loans. Limits the aggregate amount of loans outstanding to $500 million. Terminates the authority of the Secretary to make such loans on January 1, 2016.

Establishes in the Treasury the City of Detroit Growth and Stability Fund for purposes of making such loans.

]]> Detroit Growth and Stability Act of 2012 Short Titles as Introduced Detroit Growth and Stability Act of 2012 Display Title Detroit Growth and Stability Act of 2012 Official Title as Introduced To authorize the Secretary of the Treasury to provide growth and stability funding for the city of Detroit. Introduced in House 2012-03-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr4308ih/xml/BILLS-112hr4308ih.xml 2012-03-29 Referred to the House Committee on Oversight and Government Reform. 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.