The Emergency Economic Stabilization Act of 2008: H.R. 1424 is a bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes.
If you want to trace the Congressional actions, statements, and documents that led to the passage of the Emergency Economic Stabilization Act of 2008 two good sources of information are Thomas, the U.S. Library of Congress’s legislative information web site and LexisNexis Congressional database. They both serve as gateways to the legislative history of the law. In addition CQ Weekly reports on Congressional news and provides analysis of public policy issues.
THOMAS
Currently Thomas provides a link to the Act right from the Thomas homepage. On the Act's page, you have links to References to this bill in the Congressional Record and to the Bill Summary and Status page. The Bill Summary and Status page offers easy access to key information about the bill.
LEXISNEXIS CONGRESSIONAL
LexisNexis Congressional also provides you with the text of the act and key information regarding it. In LexisNexis Congressional select Legislative Histories, Bills & Laws - Get Document and choose the Bill Tracking option.
You will get the text, actions, the sponsors, and the legislative chronology with links to the Congressional Record Digest. You can also do a separate search of the Daily Congressional Record to read the entire account available in the Congressional Record.
To research House bill H.R. 3997, which failed on September 29, 2008 use the Legislative Histories, Bills & Laws search option as shown above. In addition, the House Rules Committee Report 110-903 includes the text of the House amendment to the Senate Amendment to H.R. 3997. Use the Congressional Publications - Search by Number search option to retrieve it.
CQ WEEKLY
CQ Weekly’s article Financial Rescue Becomes Law covers Congress’s twists and turns as it worked to pass the Emergency Economic Stabilization Act of 2008.
For the bigger picture take a look at the Financial Crisis LibGuide created by Louise Feldman, Business and Economics Librarian at Colorado State University, which covers not only the United States's financial crisis but also the global crisis.
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