To amend the Emergency Economic Stabilization Act of 2008 to prohibit automobile manufacturers receiving assistance under the Troubled Asset Relief Program from opening a new foreign subsidiary or expanding their current foreign subsidiaries.
About This Bill
Committee
Latest Action · May 21, 2009
Referred to the House Committee on Financial Services.
Amends the Emergency Economic Stabilization Act of 2008 (EESA) to prohibit automobile manufacturers receiving assistance under the Troubled Asset Relief Program (TARP) from opening a new foreign subsidiary or expanding any current foreign subsidiary.
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