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12 U.S.C. § 5239

Title 12 Chapter 52 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 5239. Recoupment

Upon the expiration of the 5-year period beginning upon October 3, 2008 , the Director of the Office of Management and Budget, in consultation with the Director of the Congressional Budget Office, shall submit a report to the Congress on the net amount within the Troubled Asset Relief Program under this chapter. In any case where there is a shortfall, the President shall submit a legislative proposal that recoups from the financial industry an amount equal to the shortfall in order to ensure that the Troubled Asset Relief Program does not add to the deficit or national debt.

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