I 111th CONGRESS 1st Session H. R. 4157 IN THE HOUSE OF REPRESENTATIVES November 19, 2009 Mr. Tiahrt (for himself, Mr. Sam Johnson of Texas, Mr. Inglis, and Mr. Souder) introduced the following bill; which was referred to the Committee on Financial Services A BILL To repeal the authority of the Secretary of the Treasury to extend the Troubled Asset Relief Program and return all unobligated funds to reduce the public debt.

1.

Short title

This Act may be cited as the Ensure TARP Expires Act of 2009.

2.

Repeal of TARP extension authority

Section 120 of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5230) is amended— (1)by striking (a) Termination.—; (2)by striking subsection (b); and (3)in title I, by adding at the end the following new section:

137.

Remaining unobligated funds To be used To reduce public debt

The Secretary shall transfer all unobligated funds under section 120 of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5230) to reduce the public debt.

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