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US CodeTitle 12Chapter 52§ 5239

§ 5239

Recoupment

12 U.S.C. § 5239.
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Subchapter: TROUBLED ASSETS RELIEF PROGRAM
Upon the expiration of the 5-year period beginning upon , 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.October 3, 20082008-10-03

Release: pl-119-59 (2025-12-18)

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