H.R. 4365 (111th): To limit the distribution of funds for campaign-related work under the American Recovery and Reinvestment Act of ...

...2009, to reduce the deficit, and for other purposes.

111th Congress, 2009–2010. Text as of Dec 16, 2009 (Introduced).

Status & Summary | PDF | Source: GPO

I

111th CONGRESS

1st Session

H. R. 4365

IN THE HOUSE OF REPRESENTATIVES

December 16, 2009

introduced the following bill; which was referred to the Committee on Oversight and Government Reform

A BILL

To limit the distribution of funds for campaign-related work under the American Recovery and Reinvestment Act of 2009, to reduce the deficit, and for other purposes.

1.

Restrictions on ARRA funds and campaign-related work

(a)

Limitation on use of ARRA funds

Any person or entity that received compensation for campaign-related work during the 2008 election cycle shall not be eligible to receive, either directly or indirectly, any funds from the American Recovery and Reinvestment Act of 2009 (Public Law 111–5).

(b)

Return of ARRA funds To reduce the deficit

(1)

Return of funds

Any person or entity that has received compensation for campaign-related work during the 2008 election cycle and who has received funds, either directly or indirectly, from such Act shall return such funds to the Secretary of the Treasury, with interest.

(2)

Deficit reduction

The Secretary of the Treasury shall deposit in the General Fund of the Treasury any funds received under paragraph (1) and ensure that such funds so deposited are dedicated for the sole purpose of deficit reduction.