- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Senate Committee on Banking, Housing, and Urban AffairsIntroducedJune 10th, 2009
- senate Committees
Bill DetailsOfficial information provided by the Congressional Research Service. Learn more or make a suggestion.
The Congressional Research Service writes summaries for most legislation. These summaries are listed here. Countable will update some legislation with a revised summary, title or other key elements.
Free Enterprise Act of 2009
A bill to require prior Congressional approval of emergency funding resulting in Government ownership of private entities.
Free Enterprise Act of 2009 - Requires congressional approval before any Troubled Asset Relief Program (TARP) funds are provided or obligated to any entity, on and after May 29, 2009, whose receipt of such funds would result in federal government acquisition of its common or preferred stock.