HR.4617 - Separate Taxpayer Dollars from the Election Process Act of 2010
To amend the Emergency Economic Stabilization Act of 2008 to require institutions to segregate funds received under the Troubled Asset Relief Program and to amend the Federal Election Campaign Act of 1971 to prohibit the use of any such funds for expenditures or electioneering communications under such Act.
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People's Vote
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Yes 0% No 0%
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Gov Vote
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In Progress
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Outcome
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In Progress
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Bill Status
Introduced
Feb-05-2010
Passed House- Passed Senate
- President’s Desk
- Bill is Law
Summary:
2/5/2010--Introduced.Separate Taxpayer Dollars from the Election Process Act of 2010 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require a financial institution receiving federal funds in connection with assistance under the Troubled Asset Relief Program (TARP) to: (1) transfer an amount equal to the total unexpended amount of any such funds received before enactment of this Act into a separate, segregated account and maintain them in the segregated account until they are expended; and (2) deposit any such funds received after enactment of this Act in a separate, segregated account and maintain them in the segregated account (more)
Actions:
Referred to the Committee on Financial Services, and in addition to the Committee on House Administration, 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.
Referred to House Financial Services
Referred to House House Administration
Groups in favor
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No Groups in Favor
Groups in opposition
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No Groups in Opposition
