the Board under section 121(c) before such 
credit is extended, or shall be delivered or 
placed in the mail not later than 3 business 
days after the date on which the creditor re-
ceives the written application of the con-
sumer for such credit, whichever is earlier. 
‘‘(ii) If a disclosure statement furnished 
within 3 business days of the written application 
(as provided under clause (i)(II)) contains an 
annual percentage rate which is subsequently 
rendered inaccurate, within the meaning of sec-
tion 107(c), the creditor shall furnish another 
disclosure statement at the time of settlement or 
consummation of the transaction.’’. 
(b) EFFECTIVE DATE.—The amendments made by sub-
section (a) shall take effect as if included in the amendments 
made by section 2502 of the Mortgage Disclosure Improve-
ment Act of 2008 (Public Law 110–289). 
SEC. 131. EXCHANGE STABILIZATION FUND REIMBURSE-
MENT. 
(a) REIMBURSEMENT.—The Secretary shall reimburse 
the Exchange Stabilization Fund established under section 
5302 of title 31, United States Code, for any funds that 
are used for the Treasury Money Market Funds Guaranty
Program for the United States money market mutual fund 
industry, from funds under this Act. 
(b) LIMITS ON USE OF EXCHANGE STABILIZATION 
FUND.—The Secretary is prohibited from using the Ex-
change Stabilization Fund for the establishment of any fu-
ture guaranty programs for the United States money mar-
ket mutual fund industry. 
SEC. 132. AUTHORITY TO SUSPEND MARK-TO-MARKET AC-
COUNTING. 
(a) AUTHORITY.—The Securities and Exchange Com-
mission shall have the authority under the securities laws 
(as such term is defined in section 3(a)(47) of the Securities 
Exchange Act of 1934 (15 U.S.C. 78c(a)(47)) to suspend, 
by rule, regulation, or order, the application of Statement 
Number 157 of the Financial Accounting Standards Board 
for any issuer (as such term is defined in section 3(a)(8) 
of such Act) or with respect to any class or category of 
transaction if the Commission determines that is necessary 
or appropriate in the public interest and is consistent with 
the protection of investors. 
(b) SAVINGS PROVISION.—Nothing in subsection (a) 
shall be construed to restrict or limit any authority of the 
Securities and Exchange Commission under securities laws 
as in effect on the date of enactment of this Act.
SEC. 133. STUDY ON MARK-TO-MARKET ACCOUNTING. 
(a) STUDY.—The Securities and Exchange Commis-
sion, in consultation with the Board and the Secretary, 
shall conduct a study on mark-to-market accounting stand-
ards as provided in Statement Number 157 of the Financial 
Accounting Standards Board, as such standards are appli-
cable to financial institutions, including depository institu-
tions. Such a study shall consider at a minimum— 
(1) the effects of such accounting standards on a 
financial institution’s balance sheet; 
(2) the impacts of such accounting on bank fail-
ures in 2008; 
(3) the impact of such standards on the quality 
of financial information available to investors; 
(4) the process used by the Financial Accounting 
Standards Board in developing accounting standards; 
(5) the advisability and feasibility of modifica-
tions to such standards; and 
(6) alternative accounting standards to those 
provided in such Statement Number 157. 
(b) REPORT.—The Securities and Exchange Commis-
sion shall submit to Congress a report of such study before 
the end of the 90-day period beginning on the date of the 
enactment of this Act containing the findings and deter-
minations of the Commission, including such administra-
tive and legislative recommendations as the Commission de-
termines appropriate. 
SEC. 134. RECOUPMENT. 
Upon the expiration of the 5-year period beginning 
upon the date of the enactment of this Act, the Director of 
the Office of Management and Budget, in consultation with 
the Director of the Congressional Budget Office, shall sub-
mit a report to the Congress on the net amount within the 
Troubled Asset Relief Program under this Act. In any case 
where there is a shortfall, the President shall submit a legis-
lative 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. 
SEC. 135. PRESERVATION OF AUTHORITY. 
With the exception of section 131, nothing in this Act 
may be construed to limit the authority of the Secretary 
or the Board under any other provision of law. 
SEC. 136. TEMPORARY INCREASE IN DEPOSIT AND SHARE 
INSURANCE COVERAGE. 
(a) FEDERAL DEPOSIT INSURANCE ACT; TEMPORARY 
INCREASE IN DEPOSIT INSURANCE.— 
(1) INCREASED AMOUNT.—Effective only during 
the period beginning on the date of enactment of this 
Act and ending on December 31, 2009, section
11(a)(1)(E) of the Federal Deposit Insurance Act (12 
U.S.C. 1821(a)(1)(E)) shall apply with ‘‘$250,000’’ 
substituted for ‘‘$100,000’’. 
(2) TEMPORARY INCREASE NOT TO BE CONSID-
ERED FOR SETTING ASSESSMENTS.—The temporary 
increase in the standard maximum deposit insurance 
amount made under paragraph (1) shall not be taken 
into account by the Board of Directors of the Cor-
poration for purposes of setting assessments under 
section 7(b)(2) of the Federal Deposit Insurance Act 
(12 U.S.C. 1817(b)(2)). 
(3) BORROWING LIMITS TEMPORARILY LIFTED.— 
During the period beginning on the date of enactment 
of this Act and ending on December 31, 2009, the 
Board of Directors of the Corporation may request 
from the Secretary, and the Secretary shall approve, 
a loan or loans in an amount or amounts necessary 
to carry out this subsection, without regard to the 
limitations on such borrowing under section 14(a) 
and 15(c) of the Federal Deposit Insurance Act (12 
U.S.C. 1824(a), 1825(c)). 
(b) FEDERAL CREDIT UNION ACT; TEMPORARY IN-
CREASE IN SHARE INSURANCE.— 
(1) INCREASED AMOUNT.—Effective only during 
the period beginning on the date of enactment of this
Act and ending on December 31, 2009, section 
207(k)(5) of the Federal Credit Union Act (12 U.S.C. 
1787(k)(5)) shall apply with ‘‘$250,000’’ substituted 
for ‘‘$100,000’’. 
(2) TEMPORARY INCREASE NOT TO BE CONSID-
ERED FOR SETTING INSURANCE PREMIUM CHARGES 
AND INSURANCE DEPOSIT ADJUSTMENTS.—The tem-
porary increase in the standard maximum share in-
surance amount made under paragraph (1) shall not 
be taken into account by the National Credit Union 
Administration Board for purposes of setting insur-
ance premium charges and share insurance deposit 
adjustments under section 202(c)(2) of the Federal 
Credit Union Act (12 U.S.C. 1782(c)(2)). 
(3) BORROWING LIMITS TEMPORARILY LIFTED.— 
During the period beginning on the date of enactment 
of this Act and ending on December 31, 2009, the Na-
tional Credit Union Administration Board may re-
quest from the Secretary, and the Secretary shall ap-
prove, a loan or loans in an amount or amounts nec-
essary to carry out this subsection, without regard to 
the limitations on such borrowing under section 
203(d)(1) of the Federal Credit Union Act (12 U.S.C. 
1783(d)(1)).