H.R. 2832House111th Congress (2009-2011)In Committee

Taxpayer Repayment Act of 2009

Introduced June 11, 2009

Legislative Activity

Stay on top of the latest movement without scrolling through every action

1 earlier action
HouseIntro Referral Latest Action

Referred to the House Committee on Financial Services.

June 11, 2009

View full timeline
HouseIntro Referral

Introduced in House

June 11, 2009

HouseIntro Referral

Referred to the House Committee on Financial Services.

June 11, 2009

Floor Debate

24 members

What members said about H.R. 2832 on the floor

10 Republicans14 Democrats
Jose E. Serrano
Rep. Jose E. SerranoD-NY-16 · Jul 16, 2009

Mr. Chairman, I yield myself such time as I may consume. I am pleased to rise in support of the Financial Services and General Government 2010 appropriations bill, which includes total funding of…

Jo Ann Emerson
Rep. Jo Ann EmersonR-MO-8 · Jul 16, 2009

I yield myself such time as I may consume. Mr. Chairman, since this is the first bill I'm managing on the floor as ranking member of the Financial Services Subcommittee, I'd like to say for the…

Steny H. Hoyer
Rep. Steny H. HoyerD-MD-5 · Jul 16, 2009

I would like to echo the remarks of my colleague, Mr. Sarbanes. Prior to opening New Beginnings, the District of Columbia operated another juvenile detention facility, Oak Hill, at the same location.…

Steven C. LaTourette
Rep. Steven C. LaTouretteR-OH-14 · Jul 16, 2009

I thank the gentlewoman for yielding. Mr. Chairman, I have nothing but the highest regard for the dean of the House. As a matter of fact, when I was elected in 1994, my mentor, Ralph Regula, said,…

John Kline
Rep. John KlineR-MN-2 · Jul 16, 2009

Mr. Chair, there is an amendment to this bill that should have been made in order, but was not. The Financial Services and General Government Appropriations bill before us today includes a modest…

Show 8 more
Rodney P. Frelinghuysen
Rep. Rodney P. FrelinghuysenR-NJ-11 · Jul 16, 2009

Mr Chair, I rise in support of the District of Columbia Opportunity Scholarship Program. We, as Members of Congress, have one notion that binds us all together--every one of us understands that the…

John Abney Culberson
Rep. John Abney CulbersonR-TX-7 · Jul 16, 2009

I thank the gentlelady. A wise friend, a local historian pointed out to me the city council makes decisions that can affect you for the next month, the next week, State legislatures make decisions…

John D. Dingell
Rep. John D. DingellD-MI-15 · Jul 16, 2009

Mr. Chairman, I begin by thanking my good friend from New York and the distinguished chairman of the full committee for their kindness and their graciousness in making this time available. I have…

Ander Crenshaw
Rep. Ander CrenshawR-FL-4 · Jul 16, 2009

Let me just say, as we stand here debating this bill, there are a lot of people in our country that are hurting because of some particular acts that have taken place, and one of the things this…

Christopher H. Smith
Rep. Christopher H. SmithR-NJ-4 · Jul 16, 2009

Mr. Chairman, I thank my friend for yielding. Mr. Chairman, for almost two decades, Congress has banned the use of taxpayer funds for abortion in the District of Columbia except in the exceedingly…

David R. Obey
Rep. David R. ObeyD-WI-7 · Jul 16, 2009

I think George will dispute that fact. Mr. Chairman, this bill is a key part of efforts to restore the stability of, and public confidence in, America's financial institutions. For example, with the…

Barbara Lee
Rep. Barbara LeeD-CA-9 · Jul 16, 2009

Thank you, Mr. Chairman. Let me thank the chairman for his well wishes. They come every 6 months now I think, but thank you so much. Let me rise in strong support of H.R. 3170 and just say to the…

Steve King
Rep. Steve KingR-IA-5 · Jul 16, 2009

I thank the gentlelady for yielding. I come to the floor and I rise in opposition to this bill. I do so for a number of reasons, but the reason I take this opportunity to express that is, the…

Show 11 more
Chris Van Hollen
Rep. Chris Van HollenD-MD-8 · Jul 16, 2009

Mr. Chair, I rise in support of the Financial and Governmental Services Appropriation Act of 2010. The bill appropriates a total of $46.2 billion to fund the important operations and functions of the…

Eleanor Holmes Norton
Rep. Eleanor Holmes NortonD-DC · Jul 16, 2009

I thank the gentleman for yielding. I thank the gentleman, the ranking member and the committee for bringing this bill forward, especially Chairman Serrano for consistently showing respect for our…

Joseph R. Pitts
Rep. Joseph R. PittsR-PA-16 · Jul 16, 2009

The bill before us today will open up the funding spigot for abortions in the District of Columbia. The Dornan amendment has, for years, helped to reduce abortions in D.C. Recently, there has been a…

Rosa L. DeLauro
Rep. Rosa L. DeLauroD-CT-3 · Jul 16, 2009

Mr. Chairman, this is a strong bill, a bill that aims to bring much needed stability and confidence to our financial system and assistance to our small businesses. The bill provides critical funding…

Rush Holt
Rep. Rush HoltD-NJ-12 · Jul 16, 2009

Mr. Chairman, I commend the Chair of this subcommittee for producing a good bill, and I seek to enter into a colloquy with him about the importance of making voting systems auditable and about…

Mike Pence
Rep. Mike PenceR-IN-6 · Jul 16, 2009

Mr. Chair, it is morally wrong to take the taxpayer dollars of hundreds of thousands of Washington, D.C. residents who cherish the right to life and use them to fund abortions. I am deeply disturbed…

Chet Edwards
Rep. Chet EdwardsD-TX-17 · Jul 16, 2009

Mr. Chairman, I'd like to thank Chairman Serrano for his kind comments and for his leadership for including two key provisions in this bill I strongly supported. First, this bill holds the U.S.…

John P. Sarbanes
Rep. John P. SarbanesD-MD-3 · Jul 16, 2009

I want to thank the chairman for his leadership, Chairman Serrano, on this bill, for giving me the opportunity to speak on an important issue impacting my district. The District of Columbia operates…

Corrine Brown
Rep. Corrine BrownD-FL-3 · Jul 16, 2009

Mr. Chair, I rise today in support of H.R. 3170, Financial Services and General Government Appropriations for FY 2010. The gentleman from New York, Mr. Serrano, has done a wonderful job of…

Ike Skelton
Rep. Ike SkeltonD-MO-4 · Jul 16, 2009

Mr. Chairman, I intended to offer an amendment to provide funding for the Harry S. Truman Scholarship Foundation in the amount of $660,000. I decided not to offer that amendment today, but I wish to…

Steve Israel
Rep. Steve IsraelD-NY-2 · Jul 16, 2009

I thank the chairman and my friend. Mr. Chairman, why Tuesday? Why do we have Federal elections on Tuesday? My guess is that most Members of this House of Representatives don't know the answer to…

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in HouseIssued June 11, 2009

I

111th CONGRESS

1st Session

H. R. 2832

IN THE HOUSE OF REPRESENTATIVES

June 11, 2009

Mr. Edwards of Texas introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To require the Secretary of the Treasury to develop a strategy and timeline for the repayment of assistance received by financial institutions under the Troubled Asset Relief Program, and for other purposes.

1.

Short title

This Act may be cited as the Taxpayer Repayment Act of 2009.

2.

Timeline for repayment of TARP funds

(a)

In general

The Secretary of the Treasury shall develop a strategy and timeline for the repayment of all assistance received by financial institutions under TARP.

(b)

Report to the Congress

Not more than 6 months after the date of the enactment of this Act, the Secretary of the Treasury shall issue a report to the Congress containing—

(1)

the strategy and timeline developed under subsection (a);

(2)

the date by which the Secretary expects to have received all repayment of assistance received by financial institutions under TARP;

(3)

the date by which the Secretary expects the Government to have divested itself of all assets acquired under TARP; and

(4)

the date by which the Secretary expects to have recovered all TARP funds spent on insuring troubled assets.

(c)

TARP defined

For purposes of this section, the term TARP means the Troubled Asset Relief Program under title I of the Emergency Economic Stabilization Act of 2008.