An amendment numbered 5 printed in House Report 111-71 to clarify that an institution that is not a TARP recipient will not be subject to the requirements of the bill as a result of doing business with a TARP recipient.
Rep. Gus M. Bilirakis (R-FL)Description
Amendment clarifies that an institution which is not a TARP recipient will not be subject to the requirements of the bill as a result of doing business with a TARP recipient.
Text
Offered
In subsection (e)(1) of the matter proposed to be inserted by section 1(a) of the bill, in the matter following subparagraph (B), strike “Provided that” and all that follows through “under the TARP” and insert “An institution shall not become subject to the requirements of this paragraph as a result of doing business with a recipient of a direct capital investment under the TARP or under the amendments made by the Housing and Economic Recovery Act of 2008”.
Legislative Activity
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House amendment offered
April 1, 2009
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House amendment offered
April 1, 2009
House amendment agreed to: On agreeing to the Bilirakis amendment (A005) Agreed to by voice vote.
April 1, 2009 • 4:59 PM
Amendment agreed to Committee of the Whole
April 1, 2009 • 4:59 PM
House amendment offered/reported by : Amendment (A005) offered by Mr. Bilirakis.(consideration: CR H4304-4305; text: CR H4304)
April 1, 2009 • 4:54 PM
Amendment (A005) offered by Mr. Bilirakis. (consideration: CR H4304-4305; text: CR H4304)
April 1, 2009 • 4:54 PM
On agreeing to the Bilirakis amendment (A005) Agreed to by voice vote.
April 1, 2009 • 4:59 PM