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Latest Action: 12/10/2008 - Referred to the House Committee on Financial Services.

Bill Text
To amend the Emergency Economic Stabilization Act of 2008 (Public Law 110-343) to provide the Special Inspector General with additional personnel, audit, and investigation authorities, and for other purposes.

12/10/2008--Introduced.

Special Inspector General for the Troubled Asset Relief Program Act of 2008 - Amends the Emergency Economic Stabilization Act of 2008 to authorize the Special Inspector General to exercise specified employment authorities for additional personnel, but not after six months following enactment of this Act.

Authorizes the Special Inspector General to conduct, supervise, and coordinate an audit or investigation of any action taken under such Act, except any action related to: (1) graduated authorization to purchase troubled assets; (2) oversight and audits by the Comptroller General; (3) the Comptroller General's study and report on margin authority; and (4) the Congressional Oversight Panel.

Latest Action: 12/10/2008 - Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S10884-10885; text as passed Senate: CR S10884-10885)

Bill Text
A bill to amend the Emergency Economic Stabilization Act of 2008 (division A of Public Law 110-343) to provide the Special Inspector General with additional authorities and responsibilities, and for other purposes. 12/10/2008--Passed Senate without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Special Inspector General for the Troubled Asset Relief Program Act of 2008 - Amends the Emergency Economic Stabilization Act of 2008 to grant the Special Inspector General (SIG) authority to conduct, supervise, and coordinate an audit or investigation of any action taken with regard to the Troubled Asset Relief Program (TARP) that the SIG deems appropriate. Prohibits any audit or investigation, however, of any action related to: (1) graduated authorization to purchase troubled assets; (2) oversight and audits by the Comptroller General; (3) [...]

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Latest Action: 12/09/2008 - Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S10836-10837; text as passed Senate: CR S10836-10837; text of measure as introduced: CR S10834)

Bill Text
A resolution expressing the sense of the Senate on the horrific terrorist attacks and siege in Mumbai, India, beginning on November 26, 2008, and concluding on November 29, 2008. 12/9/2008--Passed Senate without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Affirms that the people of the United States stand in unison with the people of India in the aftermath of the terrorist attacks in Mumbai. Notes that these attacks did not only target citizens of India but represented a collective assault against the international community. Encourages the government of India to conduct a comprehensive investigation into the attacks and applauds the government of India's restraint in reaction to these horrific attacks. Urges the government of Pakistan to investigate the possible connection of groups based in Pakistan to the Mumbai [...]

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Latest Action: 11/20/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
A bill to amend the Emergency Economic Stabilization Act of 2008 (Public Law 110-343) to provide the Special Inspector General with additional personnel, audit, and investigation authorities.

11/20/2008--Introduced.

Special Inspector General for the Troubled Asset Relief Program Act of 2008 - Amends the Emergency Economic Stabilization Act of 2008 to authorize the Special Inspector General to exercise specified employment authorities for additional personnel, but not after six months following enactment of this Act.

Authorizes the Special Inspector General to conduct, supervise, and coordinate an audit or investigation of any action taken under such Act, except any action related to: (1) graduated authorization to purchase troubled assets; (2) oversight and audits by the Comptroller General; (3) the Comptroller General's study and report on margin authority; and (4) the Congressional Oversight Panel.

Latest Action: 09/26/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
A bill to combat predatory lending practices and to provide access to capital to those living in low-income and traditionally underserved communities, and for other purposes. 9/26/2008--Introduced. Fostering American Independence from Regressive and Abusive Credit Transactions Act of 2008 or the FAIR Act - Amends the Truth in Lending Act to prescribe a maximum annual percentage rate (APR) of 36% for any extension of credit to a consumer. Prohibits a creditor from: (1) cashing or advancing money for a post-dated check in exchange for a fee or other payment of interest, other than as otherwise authorized for the payment of a preexisting debt; or (2) holding a check, requiring electronic access to an account at a financial institution, or holding title to personal property as collateral for a loan or other extension of credit (except in connection with the purchase or rental of such personal property). Requires a creditor to provide to the consumer in writing at [...]

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Latest Action: 10/01/2008 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to amend the Internal Revenue Code of 1986 to provide for the disclosure of schedule M-3 to the Securities and Exchange Commission, to provide for the public disclosure of certain information on such schedule, to provide penalties for failure to file such schedule or inaccurately reporting information on such schedule, and for other purposes. 10/1/2008--Introduced. Corporate Transparency Act of 2007 [sic] - Amends the Internal Revenue Code to require the Secretary of the Treasury to: (1) disclose to the Securities and Exchange Commission (SEC) certain tax return information of public entities whose securities are required to be registered under the Securities and Exchange Act of 1934 relating to the reconciliation of financial income statements with income tax returns (i.e., Schedule M-3); and (2) post on the Internet certain identifying and financial information for such entities. Imposes penalties on entities that fail to file required information. Requires [...]

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Latest Action: 09/29/2008 - Sponsor introductory remarks on measure. (CR S10074-10075)

Bill Text
A bill to improve research on health hazards in housing, to enhance the capacity of programs to reduce such hazards, to require outreach, and for other purposes. 9/29/2008--Introduced. Research, Hazard Intervention, and National Outreach for Healthier Homes Act of 2008 - Directs the Director of the National Institute of Environmental Health Sciences and the Administrator of the Environmental Protection Agency (EPA) to evaluate the health effects of housing-related health hazards for which limited research or understanding of causes or associations exists. Directs the Secretary of Housing and Urban Development (HUD) to implement studies by the Office of Healthy Homes and Lead Hazard Control of the assessment, prevention, and control of housing-related health hazards. Directs the Administrator of the EPA to study how sustainable building features in existing housing affect the quality of the indoor environment, the prevalence of housing-related health hazards, [...]

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Latest Action: 09/26/2008 - Sponsor introductory remarks on measure. (CR S9711)

Bill Text
A bill to create a new Consumer Credit Safety Commission, to provide individual consumers of credit with better information and stronger protections, and to provide sellers of consumer credit with more regulatory certainty. 9/26/2008--Introduced. Consumer Credit Safety Commission Act of 2008 - Establishes the Consumer Credit Safety Commission to promulgate consumer credit safety rules that: (1) ban abusive, fraudulent, unfair, deceptive, predatory, anticompetitive, or otherwise anti-consumer practices or product features for creditors; (2) place restrictions on consumer credit practices or product features to reduce the likelihood that they may be provided in a manner inconsistent with this Act; and (3) establish requirements for clear and adequate information appropriate to advance the objectives of this Act. Directs the Commission to: (1) establish and maintain a best practices guide for providers of consumer credit; (2) conduct, or award grants or contracts for,[...]

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