US HB1472 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Republican 29-0)
Status: Introduced on March 12 2009 - 25% progression, died in committee
Action: 2009-03-12 - Referred to House Oversight and Government Reform
Pending: House Oversight And Government Reform Committee
Text: Latest bill text (Introduced) [PDF]

Summary

TARP and ARRA Reporting and Waste Prevention Act - Requires each public or private entity to provide a detailed report to the Secretary of the Treasury upon either: (1) receipt or redistribution of any funds under title I (Troubled Asset Relief Program [TARP]) of the Emergency Economic Stabilization Act of 2008 (EESA) or the American Recovery and Reinvestment Act of 2009 (ARRA); or (2) entering into a contract for projects or services funded by TARP or ARRA. Requires a public or private entity that redistributes any TARP or ARRA funds to another public or private entity to give the redistributee notice that: (1) such funds are a redistribution of either TARP funds or ARRA funds; and (2) the redistributee may be required to report to the Secretary. Instructs the Secretary to: (1) establish a database to hold all such reported information; (2) make the database information available to the public on the website recovery.gov; and (3) establish a national toll-free telephone hotline number for the public to report waste, fraud, or abuse related to either TARP or ARRA funds. Sets forth whistleblower protections. Amends ARRA to require the Recovery Accountability and Transparency Board, if it requests that an inspector general conduct or refrain from conducting an audit investigation, to make such request available to the public on the website recovery.gov.

Tracking Information

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Title

TARP and ARRA Reporting and Waste Prevention Act

Sponsors


History

DateChamberAction
2009-03-12 Referred to House Oversight and Government Reform
2009-03-12 Referred to House Financial Services
2009-03-12 Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2009-03-12 Sponsor introductory remarks on measure. (CR H3341)

Subjects


US Congress State Sources


Bill Comments

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