To amend the Emergency Economic Stabilization Act of 2008 to require a corresponding reduction in the authorization to purchase each time a repayment is made for assistance received under the Troubled Asset Relief Program.
Reclaiming Bailout Funds for Taxpayers Act - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to reduce the authorization for the Secretary of the Treasury to purchase troubled assets by a dollar amount that corresponds to repayment by a financial institution of assistance provided under the Troubled Asset Relief Program (TARP).
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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