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S. 1242 - Government Ownership Exit Plan Act of 2009

Troubled Assets Relief Program, TARP, Private business - Finance and financial sector. 111th Congress (2009-2010) View bill details
Sponsor:
Summary:
A bill to prohibit the Federal Government from holding ownership interests, and for other purposes. (by CRS) 
Status:
The bill has been introduced. 
There have been no votes on this bill.

Government Ownership Exit Plan Act of 2009

S. 1242 — 111th Congress (2009–2010)

Keywords
Troubled Assets Relief Program, TARP, Private business
Summary
A bill to prohibit the Federal Government from holding ownership interests, and for other purposes. (by CRS)
Learn More
At OpenCongress
Title
A bill to prohibit the Federal Government from holding ownership interests, and for other purposes.
Other Titles
  • Government Ownership Exit Plan Act of 2009
Sponsor
John Thune
Co-Sponsors
Subjects
  • Finance and financial sector
  • Budget deficits and national debt
  • Civil actions and liability
  • Congressional oversight
  • Corporate finance and management
  • Financial crises and stabilization
  • Fraud offenses and financial crimes
  • Government corporations and government-sponsored enterprises
  • Government ethics and transparency, public corruption
  • Housing finance and home ownership
Related Bills
Major Actions
Introduced6/11/2009
Referred to Committee
Bill History

There have been no votes on this bill.

ActionDateDescription
Introduced6/11/2009
6/11/2009Sponsor introductory remarks on measure. (CR S6533-6534, S6549-6550)
6/11/2009Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
NumberSponsorDate OfferedStatus
scale for bar graph of contributions

Contributions

  1. January - February 2005 For $1,500 Against $0
  2. March - April 2005 For $9,850 Against $0
  3. May - June 2005 For $250 Against $0
  4. July - August 2005 For $2,750 Against $0
  5. September - October 2005 For $4,050 Against $0
  6. November - December 2005 For $2,750 Against $0
  7. January - February 2006 For $750 Against $0
  8. March - April 2006 For $11,050 Against $0
  9. May - June 2006 For $3,500 Against $0
  10. July - August 2006 For $2,750 Against $0
  11. September - October 2006 For $30,400 Against $0
  12. November - December 2006 For $1,000 Against $0
  13. January - February 2007 For $3,000 Against $0
  14. March - April 2007 For $8,750 Against $0
  15. May - June 2007 For $15,134 Against $0
  16. July - August 2007 For $5,200 Against $0
  17. September - October 2007 For $3,800 Against $0
  18. November - December 2007 For $9,550 Against $0
  19. January - February 2008 For $1,000 Against $0
  20. March - April 2008 For $12,750 Against $0
  21. May - June 2008 For $17,700 Against $0
  22. July - August 2008 For $2,200 Against $0
  23. September - October 2008 For $17,500 Against $0
  24. November - December 2008 For $10,500 Against $0
  25. January - February 2009 For $6,250 Against $0
  26. March - April 2009 For $8,400 Against $0
  27. May - June 2009 For $6,000 Against $0
  28. July - August 2009 For $3,750 Against $0
  29. September - October 2009 For $4,250 Against $0
  30. November - December 2009 For $4,000 Against $0
  31. January - February 2010 For $1,700 Against $0
  32. March - April 2010 For $14,100 Against $0
  33. May - June 2010 For $9,900 Against $0
  34. July - August 2010 For $3,250 Against $0
  35. September - October 2010 For $5,495 Against $0
  36. November - December 2010 For $0 Against $0

Votes

    3 Organizations Supported and 0 Opposed; See Which Ones
    3 Organizations Supported and 0 Opposed; See Which Ones

    Organizations that took a position on
    Government Ownership Exit Plan Act of 2009

    3 organizations supported this bill

    Americans for Tax Reform
    (2009, June 18). ATR, CFA Support. Retrieved June 29, 2009, from .
    National Taxpayers Union
    (2009, June 18). NTU Letter of Support. Retrieved June 29, 2009, from .
    U. S. Chamber of Commerce
    (2009, June 12). COC Support. Retrieved June 29, 2009, from .

    0 organizations opposed this bill

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    Includes reported contributions to congressional campaigns of Senators in office during the 111th U.S. Congress, from interest groups invested in the vote according to MapLight, January 1, 2005 – December 31, 2010.
    Contributions data source: OpenSecrets.org

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    Contributions by Legislator

    Namesort iconPartyState$ From Interest Groups
    That Supported    		$ From Interest Groups
    That Opposed
    Daniel K. AkakaDHI$250$0
    Andrew Lamar AlexanderRTN$3,500$0
    John BarrassoRWY$0$0
    Max BaucusDMT$2,500$0
    Birch "Evan" BayhDIN$0$0
    Mark BegichDAK$0$0
    Michael BennetDCO$2,500$0
    Bob BennettRUT$2,000$0
    Jesse "Jeff" BingamanDNM$0$0
    Christopher "Kit" BondRMO$250$0
    Barbara BoxerDCA$14,350$0
    Sherrod BrownDOH$4,250$0
    Sam BrownbackRKS$0$0
    Jim BunningRKY$0$0
    Richard BurrRNC$6,445$0
    Roland BurrisDIL$0$0
    Robert ByrdDWV$1,250$0
    Maria CantwellDWA$250$0
    Ben CardinDMD$500$0
    Tom CarperDDE$8,600$0
    Bob CaseyDPA$1,000$0
    Clarence Saxby ChamblissRGA$13,000$0
    Tom CoburnROK$0$0
    William Thad CochranRMS$0$0
    Susan CollinsRME$6,700$0
    Gaylord Kent ConradDND$250$0
    Bob CorkerRTN$10,750$0
    John CornynRTX$7,000$0
    Mike CrapoRID$0$0
    Jim DeMintRSC$5,000$0
    Chris DoddDCT$0$0
    Byron DorganDND$1,000$0
    Dick DurbinDIL$2,250$0
    John EnsignRNV$6,000$0
    Mike EnziRWY$0$0
    Russ FeingoldDWI$750$0
    Dianne FeinsteinDCA$1,000$0
    Kirsten GillibrandDNY$500$0
    Lindsey GrahamRSC$9,634$0
    Chuck GrassleyRIA$1,000$0
    Judd GreggRNH$0$0
    Kay HaganDNC$0$0
    Tom HarkinDIA$1,000$0
    Orrin HatchRUT$2,500$0
    Kay Bailey HutchisonRTX$1,250$0
    Jim InhofeROK$250$0
    Dan InouyeDHI$200$0
    Johnny IsaksonRGA$4,000$0
    Mike JohannsRNE$7,200$0
    Tim JohnsonDSD$0$0
    Ted KaufmanDDE$0$0
    Ted KennedyDMA$5,500$0
    John KerryDMA$0$0
    Amy KlobucharDMN$750$0
    Herb KohlDWI$0$0
    Jon KylRAZ$9,200$0
    Mary LandrieuDLA$1,000$0
    Frank LautenbergDNJ$250$0
    Patrick LeahyDVT$0$0
    Carl LevinDMI$2,250$0
    Joe LiebermanICT$1,750$0
    Blanche LincolnDAR$9,400$0
    Dick LugarRIN$1,500$0
    Mel MartinezRFL$0$0
    John McCainRAZ$7,750$0
    Claire McCaskillDMO$500$0
    Addison "Mitch" McConnellRKY$8,000$0
    Bob MenéndezDNJ$1,000$0
    Jeff MerkleyDOR$500$0
    Barbara MikulskiDMD$500$0
    Lisa MurkowskiRAK$0$0
    Patty MurrayDWA$500$0
    Earl "Ben" NelsonDNE$3,750$0
    Clarence "Bill" NelsonDFL$550$0
    Mark PryorDAR$750$0
    John "Jack" ReedDRI$500$0
    Harry ReidDNV$6,400$0
    Jim RischRID$5,000$0
    Charles "Pat" RobertsRKS$450$0
    John "Jay" RockefellerDWV$1,750$0
    Bernie SandersIVT$0$0
    Chuck SchumerDNY$0$0
    Jeff SessionsRAL$5,500$0
    Jeanne ShaheenDNH$0$0
    Richard ShelbyRAL$0$0
    Olympia SnoweRME$250$0
    Arlen SpecterDPA$7,150$0
    Debbie StabenowDMI$4,250$0
    Jon TesterDMT$500$0
    John ThuneRSD$7,200$0
    Mark UdallDCO$1,250$0
    Tom UdallDNM$0$0
    David VitterRLA$9,000$0
    George VoinovichROH$1,500$0
    Mark WarnerDVA$1,550$0
    Jim WebbDVA$1,000$0
    Sheldon WhitehouseDRI$750$0
    Roger WickerRMS$6,000$0
    Ron WydenDOR$500$0

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    Legislator Filters
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    		NamePartyState$ From Interest Groups
    That Supported    		$ From Interest Groups
    That Opposed
    		Daniel K. AkakaDHI$250$0
    		Andrew Lamar AlexanderRTN$3,500$0
    		John BarrassoRWY$0$0
    		Max BaucusDMT$2,500$0
    		Birch "Evan" BayhDIN$0$0
    		Mark BegichDAK$0$0
    		Michael BennetDCO$2,500$0
    		Bob BennettRUT$2,000$0
    		Jesse "Jeff" BingamanDNM$0$0
    		Christopher "Kit" BondRMO$250$0
    		Barbara BoxerDCA$14,350$0
    		Sherrod BrownDOH$4,250$0
    		Sam BrownbackRKS$0$0
    		Jim BunningRKY$0$0
    		Richard BurrRNC$6,445$0
    		Roland BurrisDIL$0$0
    		Robert ByrdDWV$1,250$0
    		Maria CantwellDWA$250$0
    		Ben CardinDMD$500$0
    		Tom CarperDDE$8,600$0
    		Bob CaseyDPA$1,000$0
    		Clarence Saxby ChamblissRGA$13,000$0
    		Tom CoburnROK$0$0
    		William Thad CochranRMS$0$0
    		Susan CollinsRME$6,700$0
    		Gaylord Kent ConradDND$250$0
    		Bob CorkerRTN$10,750$0
    		John CornynRTX$7,000$0
    		Mike CrapoRID$0$0
    		Jim DeMintRSC$5,000$0
    		Chris DoddDCT$0$0
    		Byron DorganDND$1,000$0
    		Dick DurbinDIL$2,250$0
    		John EnsignRNV$6,000$0
    		Mike EnziRWY$0$0
    		Russ FeingoldDWI$750$0
    		Dianne FeinsteinDCA$1,000$0
    		Kirsten GillibrandDNY$500$0
    		Lindsey GrahamRSC$9,634$0
    		Chuck GrassleyRIA$1,000$0
    		Judd GreggRNH$0$0
    		Kay HaganDNC$0$0
    		Tom HarkinDIA$1,000$0
    		Orrin HatchRUT$2,500$0
    		Kay Bailey HutchisonRTX$1,250$0
    		Jim InhofeROK$250$0
    		Dan InouyeDHI$200$0
    		Johnny IsaksonRGA$4,000$0
    		Mike JohannsRNE$7,200$0
    		Tim JohnsonDSD$0$0
    		Ted KaufmanDDE$0$0
    		Ted KennedyDMA$5,500$0
    		John KerryDMA$0$0
    		Amy KlobucharDMN$750$0
    		Herb KohlDWI$0$0
    		Jon KylRAZ$9,200$0
    		Mary LandrieuDLA$1,000$0
    		Frank LautenbergDNJ$250$0
    		Patrick LeahyDVT$0$0
    		Carl LevinDMI$2,250$0
    		Joe LiebermanICT$1,750$0
    		Blanche LincolnDAR$9,400$0
    		Dick LugarRIN$1,500$0
    		Mel MartinezRFL$0$0
    		John McCainRAZ$7,750$0
    		Claire McCaskillDMO$500$0
    		Addison "Mitch" McConnellRKY$8,000$0
    		Bob MenéndezDNJ$1,000$0
    		Jeff MerkleyDOR$500$0
    		Barbara MikulskiDMD$500$0
    		Lisa MurkowskiRAK$0$0
    		Patty MurrayDWA$500$0
    		Earl "Ben" NelsonDNE$3,750$0
    		Clarence "Bill" NelsonDFL$550$0
    		Mark PryorDAR$750$0
    		John "Jack" ReedDRI$500$0
    		Harry ReidDNV$6,400$0
    		Jim RischRID$5,000$0
    		Charles "Pat" RobertsRKS$450$0
    		John "Jay" RockefellerDWV$1,750$0
    		Bernie SandersIVT$0$0
    		Chuck SchumerDNY$0$0
    		Jeff SessionsRAL$5,500$0
    		Jeanne ShaheenDNH$0$0
    		Richard ShelbyRAL$0$0
    		Olympia SnoweRME$250$0
    		Arlen SpecterDPA$7,150$0
    		Debbie StabenowDMI$4,250$0
    		Jon TesterDMT$500$0
    		John ThuneRSD$7,200$0
    		Mark UdallDCO$1,250$0
    		Tom UdallDNM$0$0
    		David VitterRLA$9,000$0
    		George VoinovichROH$1,500$0
    		Mark WarnerDVA$1,550$0
    		Jim WebbDVA$1,000$0
    		Sheldon WhitehouseDRI$750$0
    		Roger WickerRMS$6,000$0
    		Ron WydenDOR$500$0

    Interest Groups that supported this bill

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    		$ Donated
    		Chambers of commerce$211,629
    		Fiscal & tax policy$33,150

    Interest Groups that opposed this bill

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