A bill to impose limitations on certain expenditures by participants in the Troubled Asset Relief Program.
TARP Taxpayer Protection and Corporate Responsibility Act of 2009 - Prohibits any recipient of assistance under the Troubled Asset Relief Program (TARP) from sponsoring, hosting, or paying for entertainment or holiday events during the calendar year in which such assistance is received or the next occurring calendar year.
Authorizes the Secretary of the Treasury to waive such prohibition.
Subjects violations of this Act to civil penalties.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S2429)
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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