To amend section 1105 of title 31, United States Code, to require that annual budget submissions of the President to Congress provide certain information regarding companies in which the Government holds stock, and for other purposes.
Requires the President's annual budget submitted to Congress to include a statement that sets forth the debt of each bank, government-sponsored enterprise (GSE), and publicly traded or privately held company in which the government holds common stock, preferred stock, or warrants to purchase common stock (equity) equaling at least 10% of the company's total outstanding common stock.
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