To use amounts repaid to the Treasury under the Troubled Assets Relief Program for relief to displaced and low-wage workers, and for other purposes.
Federal Bailout for American Individuals and Families in Distress Today and Tomorrow Act of 2009 - Directs the Secretary of the Treasury to make funds repaid to the Treasury by financial institutions under the Troubled Asset Relief Program (TARP) available in the following amounts: (1) $8 billion to the Secretary of Labor for certain activities under the Workforce Investment Act of 1998, including $2 billion for grants to states for adult employment and training activities, $2 billion for Migrant and Seasonal Farmworker Programs, and $4 billion for benefits and services under the Trade Adjustment Assistance for Workers program; and (2) $2 billion to the Secretary of Health and Human Services (HHS) for deposit into the Emergency Contingency Fund for State Temporary Assistance for Needy Families (TANF) Programs.
Introduced in House
Introduced in House
Referred to House Financial Services
Referred to the Committee on Financial Services, and in addition to the Committees on Education and Labor, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Education and Labor
Referred to House Ways and Means
Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.
Referred to the Subcommittee on Workforce Protections.
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