US Congress House Bill 6570 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on December 4 2012 - 100% progression
Action: 2012-12-04 - Became Public Law No: 112-204.
Text: Latest bill text (Enrolled) [PDF]

Amends the Jobs Accountability Act, in title XV of division A of the American Recovery and Reinvestment Act of 2009, to revise the deadline for comments by the Congressional Budget Office (CBO) and the Government Accountability Office (GAO) on information contained in specified quarterly reports to the appropriate agency by each recipient of federal recovery funds with respect to an estimate of the number of jobs created and retained by the expenditure or obligation of such funds on a project or activity. Requires these comments on the quarterly reports in a year to be due 45 days after the report for the last quarter of the year is submitted. (Currently, such reports are due within 45 days after submission to the appropriate agency.) Terminates the requirement of the CBO and GAO comments on January 1, 2016. Amends the Emergency Economic Stabilization Act of 2008 to change from semiannual to annual the required reports to the President and Congress from the Office of Management and Budget (OMB) of specified information and estimates regarding the Troubled Asset Relief Program (TARP). Terminates these TARP reporting requirements with the annual period on the last day of which all troubled assets acquired by the Secretary of the Treasury have been sold or transferred out of the ownership or control of the federal government.

To amend the American Recovery and Reinvestment Act of 2009 and the Emergency Economic Stabilization Act of 2008 to consolidate certain CBO reporting requirements.

Rep. Scott Garrett [R-NJ]

Date	Chamber	Action
2012-12-04	Senate	Became Public Law No: 112-204.
2012-12-04	Senate	Signed by President.
2012-11-28	Senate	Presented to President.
2012-11-16	Senate	Message on Senate action sent to the House.
2012-11-15	Senate	Received in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S6870)
2012-11-14	House	Motion to reconsider laid on the table Agreed to without objection.
2012-11-14	House	On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6351-6352)
2012-11-14	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 6570.
2012-11-14	House	Considered under suspension of the rules. (consideration: CR H6351-6352)
2012-11-14	House	Mr. Garrett moved to suspend the rules and pass the bill.
2012-10-12	House	Referred to House Budget
2012-10-12	House	Referred to House Education and the Workforce
2012-10-12	House	Referred to House Financial Services
2012-10-12	House	Referred to the Committee on Financial Services, and in addition to the Committees on Education and the Workforce, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/6570/all-info
Text	https://www.congress.gov/112/bills/hr6570/BILLS-112hr6570ih.pdf
Text	https://www.congress.gov/112/bills/hr6570/BILLS-112hr6570eh.pdf
Text	https://www.congress.gov/112/bills/hr6570/BILLS-112hr6570enr.pdf