HR 384. (Mortgage-backed securities buyout conditions) Motion to rewrite a mortgage bailout bill to add language requiring a plan to be developed to repay all assistance provided under the bill/On the motion
house Roll Call 25
Jan 21, 2009
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This vote was on a motion to send a bill back to the Financial Services Committee to add language that would require the Treasury Department to develop a plan to repay the money provided under a 2008 law intended to purchase certain devalued or problematic mortgage assets. The motion was offered to a bill that would create new conditions on the use of some $350 billion in funding to purchase certain “toxic” mortgage assets weighing down the balance books of banks and companies. |
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