TARP REFORM AND ACCOUNTABILITY ACT
Amendments
Enact (H.R. 384), H345, H355, H357, H359, H361, H363 [15JA], H407, H408, H409, H411 [21JA]
Articles and editorials
HUD Chief Calls Aid on Mortgages a Failure, H362 [15JA]
Leadership and Panics, H417 [21JA]
TARP—Frank's Bill Underscores Weaknesses of This Bailout Program, H416 [21JA]
Bills and resolutions
Enact (see H.R. 384), H159 [9JA]
Enact (H.R. 384): consideration (see H. Res. 53), H194 [13JA] (see H. Res. 62), H323 [14JA]
Letters
Provisions: Lawrence H. Summers, H274 [14JA]
Motions
Enact (H.R. 384), H413, H415 [21JA]
Remarks in House
Dept. of the Treasury: broaden the oversight powers of the Troubled Asset Relief Program Inspector General, H409-H411 [21JA]
———develop a timetable for repayment of Troubled Asset Relief Program funds, H415-H418 [21JA]
———establish an online database to enable citizens to monitor the usage and distribution of Troubled Asset Relief Program funds, H353 [15JA]
———facilitate the auction of assets owned by financial institutions receiving assistance under the Troubled Asset Relief Program to determine the value and expedite the sale of such assets, H359, H360 [15JA]
———increase and strengthen FDIC oversight of the Troubled Asset Relief Program, H301 [14JA]
———permit use of the Troubled Asset Relief Program funding for mortgage foreclosure mitigation activities, H284 [14JA]
———prohibit Troubled Asset Relief Program fund recipients from outsourcing new customer service or call center jobs to foreign companies, H407, H408 [21JA]
———prohibit use of corporate business aircraft by companies that receive Troubled Asset Relief Program funds, H349 [15JA], H8927 [28JY]
———provide consumer protection to borrowers receiving private educational loans from companies that receive Troubled Asset Relief Program funds, H343 [15JA]
———repeal authority to delegate an observer to attend meetings of the boards of directors of institutions assisted by the Troubled Asset Relief Program, H357-H359 [15JA]
———require any Troubled Asset Relief Program assisted institution to make periodic reports on use of the assistance and make the reports available on the Internet, H408, H409 [21JA]
———require collection and analysis of data on what recipients of Troubled Asset Relief Program funds are receiving and where such funds are going, H203 [14JA]
———require financial institutions receiving assistance under the Troubled Asset Relief Program to impose a foreclosure moratorium until new loan modifications are implemented, H356, H357 [15JA]
———require immediate collection of information from Troubled Asset Relief Program fund recipients and conduct analysis on use of the assistance, H411-H413 [21JA]
———suspend funding of the Troubled Asset Relief Program until the Congressional Oversight Panel has accounted for funding already expended, H301 [14JA]
Economy: authorize financial assistance to eligible automobile manufacturers, H278, H285 [14JA]
———importance of job creation, H354 [15JA]
———require companies receiving Federal bailout funds to disclose executive compensation, H334 [15JA]
Enact (H.R. 384), H155 [9JA], H168 [13JA], H203, H282-H299, H301, H302 [14JA], H327, H328, H335-H367, H369-H372 [15JA], H393, H394, H407-H419, H425 [21JA], H449, H451, H453, H454, H456, H466, H471, H472 [22JA], H3423 [16MR], H8927 [28JY], E112, E114, E115, E117, E119 [21JA], E122, E129 [22JA], E135, E140 [26JA], E171, E174 [2FE], E735 [23MR]
———consideration (H. Res. 53), H273-H281 [14JA]
———consideration (H. Res. 62), H329-H335 [15JA]
———corrections in engrossment, H419 [21JA]
———motion to recommit, H414, H415-H418 [21JA]
FDIC: establish a systematic mortgage modification program, H289 [14JA]
Financial institutions: require OTS and the Comptroller of the Currency to issue mortgage modification data collection and reporting requirements for banks under regulation, H354 [15JA]
FRS: require disclosure of detailed information regarding the mortgage-backed securities purchase program, H363-H365 [15JA]
Housing: aid families and neighborhoods facing home foreclosure and address the subprime mortgage crisis, H302 [14JA]
———eliminate additional funding for the HOPE for Homeowners loan program, H361-H363 [15JA]
———provide tenants in good standing adequate notice to vacate properties in foreclosure, H276 [14JA]
Motor vehicles: allow automobile rental industry to finance debt secured by car fleets as well as with unsecured commercial paper, H287 [14JA]
Small business: provide support for small business concerns, H288, H289 [14JA]
Taxation: include loans for recreational vehicles when providing incentives to consumers and lenders for the purchase of a passenger vehicle, H292 [14JA]
———provide financing for automobile dealer floor plan loans, H292 [14JA]
———suspend employment and income taxes for a certain period, H414 [21JA]
Remarks in Senate
Reports filed
Consideration of H.R. 384, Provisions: Committee on Rules (House) (H. Res. 53) (H. Rept. 111-2), H194 [13JA]
———Committee on Rules (House) (H. Res. 62) (H. Rept. 111-3), H323 [14JA]
Rulings of the Chair
Texts of
H. Res. 53, consideration of H.R. 384, provisions, H273 [14JA]
H. Res. 62, consideration of H.R. 384, provisions, H329 [15JA]