H.R.1424 - Emergency Economic Stabilization Act of 2008 Sponsor: Patrick Kennedy / 110th Congress

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Title
110th Congress - A bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes. hidemore...
Summary
A bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes. (by CRS)
Status
The bill has become law.
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Vote Date:
October 02, 2008
Motion:
On Passage - Senate - H. R. 1424 As Amended
Location:
Senate
Result:
Pass
  • 74 Yes Votes100%
  • 25 No Votes33.7837837838%
  • 1 Not Voting1.35135135135%
Showing contributions
Jan 2001-Oct 2008 Senate

Interests who did want this bill to become law (such as Chambers of commerce and Commercial banks & bank holding companies) gave an average of:

  • $810,869 to each legislator voting Yes
    100%
  • $329,808 to each legislator voting No
    40.6734245029%

Contribution data provided by the Center for Responsive Politics (OpenSecrets.org)

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