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 Home > Learning Center > [H.R.384.RFS]

104. Other protections for the taxpayer.
 
(a) Warrant Requirements- Subsection (d) of section 113 of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5223(d)) is amended by adding at the end the following new paragraph:

`(4) AMOUNT- For assistance provided after the date of the enactment of the TARP Reform and Accountability Act of 2009, and except as provided in title III of such Act, the warrants or instruments described in this section shall have a value at least equal to 15 percent of the aggregate amount of such assistance.'.

(b) Repeal of Certain Exception- Section 113(d)(3) of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5223(d)(3)) is amended by striking subparagraph (A).
 
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