U.S. Congress - H.R.5125 Restitution for Local Government Act of 2010
H.R.5125 - Restitution for Local Government Act of 2010
To amend the Emergency Economic Stabilization Act of 2008 to establish a fund to be used to make local governments whole for losses incurred from the Lehman Brothers Holding, Inc., bankruptcy. view all titles (2)
All Bill Titles
- Official: To amend the Emergency Economic Stabilization Act of 2008 to establish a fund to be used to make local governments whole for losses incurred from the Lehman Brothers Holding, Inc., bankruptcy. as introduced.
- Short: Restitution for Local Government Act of 2010 as introduced.
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Official Summary
4/22/2010--Introduced.Restitution for Local Government Act of 2010 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require any profit made by the Secretary of the Treasury under the Troubled Asset Relief Program (TARP) to be used to purchase from local governments any sOfficial Summary
4/22/2010--Introduced.Restitution for Local Government Act of 2010 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require any profit made by the Secretary of the Treasury under the Troubled Asset Relief Program (TARP) to be used to purchase from local governments any securities, bonds, and other financial instruments issued by Lehman Brothers Holding, Inc. that were held by such governments on September 12, 2008. Limits the aggregate amount of all such purchases to $1.7 billion. Prohibits the purchase of financial instruments held by a pension fund....Read the Rest
Recent News Coverage
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Recent Blog Coverage
WashingtonWatch.com - H.R. 5125, To amend title XVIII of the ...
US Congress: HR 5125, To amend title XVIII of the Social Security Act to provide for a Medicare Advantage benchmark adjustment for certain local areas with VA medical centers and for certain contiguous areas.
Gerrie Schipske's Blog: Long Beach Supports The Restitution for ...
The City of Long Beach has expressed its strong support of HR 5125, a proposed federal law -- the Restitution for Local Government Act of 2010. This piece of legislation will amend the Emergency Economic Stabilization Act of 2008 to ...
CompliancEX: The U.S. Congress Review Saturday, May 1, 2010
H.R. 5125: Restitution for Local Government Act of 2010. A bill introduced by Rep. Anna Eshoo to amend the Emergency Economic Stabilization Act of 2008 to establish a fund to be used to make local governments whole for losses incurred ...
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