H.R. 3232 · 111th Congress · 2009–2010
PROFIT Act of 2009
H.R. 3232 in the 111th Congress (2009–2010) was introduced on Jul 16, 2009, sponsored by Mary Jo Kilroy with 11 co-sponsors.
During the 111th Congress (2009–2010), Barack Obama was president, and Democrats held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Jul 16, 2009
- Co-sponsors
- 11
- Policy area
- Finance and Financial Sector
What it does
Provide a Return on Financial Investment for the Taxpayer Act of 2009 or the PROFIT Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require the Secretary of the Treasury to sell through a public auction any warrants associated with EESA assistance each time a financial institution makes a repayment of such assistance.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Mary Jo Kilroy (D-OH). Co-sponsors: 11 Democrats.
Where it stands
- IntroducedJul 16, 2009
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Financial Services. (Jul 16, 2009)
More bills from Mary Jo Kilroy in the 111th Congress
Other Finance and Financial Sector bills in the 111th Congress
- S. 383: Special Inspector General for the Troubled Asset Relief Program Act of 2009
- H.R. 627: Credit CARD Act of 2009
- H.R. 1209: Medal of Honor Commemorative Coin Act of 2009
- H.R. 3606: Credit CARD Technical Corrections Act of 2009
- H.R. 4173: Dodd-Frank Wall Street Reform and Consumer Protection Act
- H.R. 5502: To amend the effective date of the gift card provisions of the Credit Card Accountability…
- H.R. 5297: Small Business Jobs Act of 2010
- S. 3717: A bill to amend the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the…
- H.R. 1177: 5-Star Generals Commemorative Coin Act
- H.R. 6162: Coin Modernization, Oversight, and Continuity Act of 2010
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 3232 (111th Congress): PROFIT Act of 2009,” https://www.capitolreceipts.com/bill/111-hr-3232/profit-act-of-2009 (accessed 2026-10-17).