S.Res. 175 · 111th Congress
A resolution expressing the sense of the Senate that the Federal Government is a reluctant shareholder in the ownership of General Motors and Chrysler.
- Stage
- In committee
- Sponsor
- Ben Nelson
- Introduced
- 2009-06-09
- Latest action
- 2009-06-09 · Introduced in Senate
Summary
Expresses the sense of the Senate that: (1) the federal government is only a temporary stakeholder in the American automotive industry and should take all possible steps to divest its ownership interests in General Motors Corporation and Chrysler Motors LLC as expeditiously as possible; and (2) the Comptroller General shall conduct a study to determine the period of time it may take General Motors and Chrysler to return to solvency and for the federal government to complete its divestiture.