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US Code · Through Public Law 119-103 (09/02/2026)

12 U.S.C. § 5239: Recoupment

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Where this section sits in the code
  1. Title 12—BANKS AND BANKING
  2. CHAPTER 52—EMERGENCY ECONOMIC STABILIZATION

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.

Collected 2026-09-10T05:56:24Z. Source file · JSON

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