S. 2787 · 111th Congress

TARP Sunset Act of 2009

Stage
In committee
Sponsor
John Thune
Introduced
2009-11-17
Latest action
2009-11-17 · Introduced in Senate

Summary

TARP Sunset Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to terminate, on December 31, 2009 (as under current law), the authority of the Secretary of the Treasury to implement the Troubled Asset Relief Program (TARP).

Repeals the Secretary's authority to extend the TARP program through October 3, 2010, upon submission of a written certification to Congress.