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S. 1710

BillFederalSenateIn Committee
A bill to prohibit recipients of TARP assistance from funding ACORN, and for other purposes.
About This Bill
Committee
Latest Action · September 24, 2009
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
111th (2009–2011)
Introduced
September 24, 2009
Cosponsors (20)
0D 20R
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Summary

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Amends the Emergency Economic Stabilization Act of 2008 (EESA) to prohibit any entity in receipt of financial assistance under the Trouble Asset Relief Program (TARP) (or any other program enacted by the Secretary under EESA authorities) from providing any direct or indirect assistance to, funding, promoting, or in any way contributing to the activities of the Association of Community Organizations for Reform Now (ACORN) or an ACORN-related affiliate. Exempts from this prohibition any entity that has repaid all outstanding amounts of TARP or related financial assistance.

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