H.R.2118

To amend the Emergency Economic Stabilization Act of 2008 to provide for more detailed repayment procedures for assistance received under the Troubled Asset Relief Program.

4/27/2009--Introduced.

Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Secretary of the Treasury, upon notification that a financial institution is prepared to repay specified EESA assistance immediately, either to: (1) accept such repayment; or (2) notify the institution that its financial position does not currently permit such repayment, and detail steps it can take to satisfy the Secretary and the appropriate federal banking agency that it is able to make such repayment.

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