January 20, 2010, 12:00 am ET - Amendment SA 3301 proposed by Senator Thune to Amendment SA 3299.
January 21, 2010, 12:00 am ET - Considered by Senate.
January 21, 2010, 12:00 am ET - Proposed amendment SA 3301, under the order of 12/22/2009, not having achieved 60 votes in the affirmative, the amendment was withdrawn in Senate.
January 21, 2010, 3:16 pm ET - Thune Amdt. No. 3301
Full Text of this Amendment
Baucus (for Mr. Reid) to the joint resolution H.J. Res. 45, Official Title Not Available; as follows:
At the appropriate place, insert the following:
SEC. __. REPEAL OF THE TROUBLED ASSET RELIEF PROGRAM.
(a) In General.--Notwithstanding any other provision of law, the authorities provided under section 101(a) of the Emergency Economic Stabilization Act of 2008 (excluding section 101(a)(3)) and under section 102 of such Act shall terminate on the date of enactment of this resolution.
(b) Lowering of National Debt Limit To Correspond to TARP Repayments.--Section 3101 of title 31, United States Code, is amended--
(1) in subsection (b), by inserting after the dollar limitation contained in such subsection the following: ``, as such amount is reduced by the amount described under subsection (d)''; and
(2) by adding at the end the following new subsection:
``(d) The amount described under this subsection is the amount that equals the amount of all assistance received under title I of the Emergency Economic Stabilization Act of 2008 that is repaid on or after the date of enactment of this subsection, along with any dividends, profits, or other funds paid to the Government based on such assistance on or after the date of enactment of this subsection.''.
(As printed in the Congressional Record for the Senate on Jan 20, 2010.)