S. 1223 · 111th Congress · 2009–2010
Free Enterprise Act of 2009
S. 1223 in the 111th Congress (2009–2010) was introduced on Jun 10, 2009, sponsored by Mike Johanns with 30 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
- Jun 10, 2009
- Co-sponsors
- 30
- Policy area
- Economics and Public Finance
What it does
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.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Mike Johanns (R-NE). Co-sponsors: 30 Republicans.
Where it stands
- IntroducedJun 10, 2009
- Passed the Senate—
- Passed the House—
- Sent to the President—
- Became law—
Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Jun 10, 2009)
Other Economics and Public Finance bills in the 111th Congress
- H.R. 1: American Recovery and Reinvestment Act of 2009
- H.J.Res. 38: Making further continuing appropriations for fiscal year 2009, and for other purposes.
- H.R. 1105: Omnibus Appropriations Act, 2009
- H.R. 2346: Supplemental Appropriations Act, 2009
- H.R. 3357: To restore sums to the Highway Trust Fund, and for other purposes.
- H.R. 2892: Department of Homeland Security Appropriations Act, 2010
- H.R. 3183: Energy and Water Development and Related Agencies Appropriations Act, 2010
- H.R. 2996: Department of the Interior, Environment, and Related Agencies Appropriations Act, 2010
- H.R. 3288: Consolidated Appropriations Act, 2010
- H.R. 4314: To permit continued financing of Government operations.
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “S. 1223 (111th Congress): Free Enterprise Act of 2009,” https://www.capitolreceipts.com/bill/111-s-1223/free-enterprise-act-of-2009 (accessed 2026-10-17).