S.Amdt. 1317
What it does: Adds SEC. 9. TERMINATION OF TARP at the end of the bill
Sen. David Vitter (R-LA)What it changes
1 change to S. 1023 · shown in the bill's text
Adds SEC. 9. TERMINATION OF TARP at the end of the bill
Adds a sectionIn S. 1023 · Reported to Senate
"(b) Authorization of Appropriations.--There are authorized to be appropriated to the Secretary of Commerce for fiscal years 2010 through 2014 such sums as may be necessary to carry out this section.".
Inserted: SEC. 9. TERMINATION OF TARP.
Inserted: Section 120(b) of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5230(b)) is amended--
Inserted: (1) by striking "The Secretary" and inserting the following:
Inserted: "(1) In general.--The Secretary";
Inserted: (2) by inserting before the first period the following: ", unless there is enacted by Congress, not later than 15 days after the date of receipt of such certification, a joint resolution of disapproval, as described in paragraph (2)"; and
Inserted: (3) by adding at the end the following:
Inserted: "(2) Joint resolution.--For purposed of this subsection, the term 'joint resolution' means only a joint resolution--
Inserted: "(A) that is introduced not later than 3 calendar days after the date on which the certification of the Secretary referred to in paragraph (1) is received by Congress;
Inserted: "(B) which does not have a preamble;
Inserted: "(C) the title of which is as follows: 'Joint resolution relating to the disapproval of the extension of authority under the Emergency Economic Stabilization Act of 2008'; and
Inserted: "(D) the matter after the resolving clause of which is as follows: 'That Congress disapproves of the extension of the authorities described in section 120(a) of the Emergency Economic Stabilization Act of 2008.'.
Inserted: "(3) Fast track.--The provisions of subsections (d) through (f) of section 115 shall apply to a resolution of disapproval for purposes of this of subsection.".
Original wording
At the end, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 1317. Mr. VITTER submitted an amendment intended to be proposed by him to the bill S. 1023, to establish a non-profit corporation to communicate United States entry policies and otherwise promote leisure, business, and scholarly travel to the United States; which was ordered to lie on the table; as follows:
At the end, add the following:
SEC. 9. TERMINATION OF TARP.
Section 120(b) of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5230(b)) is amended--
(1) by striking “The Secretary” and inserting the following:
“(1) In general.--The Secretary”;
(2) by inserting before the first period the following: “, unless there is enacted by Congress, not later than 15 days after the date of receipt of such certification, a joint resolution of disapproval, as described in paragraph (2)”; and
(3) by adding at the end the following:
“(2) Joint resolution.--For purposed of this subsection, the term ‘joint resolution' means only a joint resolution--
“(A) that is introduced not later than 3 calendar days after the date on which the certification of the Secretary referred to in paragraph (1) is received by Congress;
“(B) which does not have a preamble;
“(C) the title of which is as follows: ‘Joint resolution relating to the disapproval of the extension of authority under the Emergency Economic Stabilization Act of 2008'; and
“(D) the matter after the resolving clause of which is as follows: ‘That Congress disapproves of the extension of the authorities described in section 120(a) of the Emergency Economic Stabilization Act of 2008.'.
“(3) Fast track.--The provisions of subsections (d) through (f) of section 115 shall apply to a resolution of disapproval for purposes of this of subsection.”.
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Senate amendment submitted
June 16, 2009