H.Amdt. 5House111th Congress (2009-2011)
An amendment numbered 4 printed in House Report 111-3 to amend the EESA to require that, provided TARP funds are not used for their purchase, the Secretary shall facilitate an auction of troubled assets by third party purchases and, if such auction does not take place within 3 months from enactment, the Secretary must report to Congress on the mechanism the Secretary deems best to use to value and liquidate such assets.
Sponsored by
Rep. Rush Holt (D-NJ)
Submitted January 15, 2009
Description
Page 19, after line 20, insert the following: ***.
Text
Offered
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House amendment offered
January 15, 2009
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House amendment offered
January 15, 2009
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House amendment offered/reported by : Amendment (A004) offered by Mr. Holt.(consideration: CR H359-360; text: CR H359; text as modified: CR H359)
January 15, 2009 • 12:29 PM
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Amendment (A004) offered by Mr. Holt. (consideration: CR H359-360; text: CR H359; text as modified: CR H359)
January 15, 2009 • 12:29 PM
Floor
By unanimous consent, the Holt amendment was withdrawn. (consideration: CR H360)
January 15, 2009 • 12:43 PM