I 
110TH CONGRESS 
2D SESSION 
H. R. 7333 
To amend the Emergency Economic Stabilization Act of 2008 (Public Law 
110–343) to provide the Special Inspector General with additional per-
sonnel, audit, and investigation authorities, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 10, 2008 
Mr. FLAKE introduced the following bill; which was referred to the Committee 
on Financial Services 
A BILL 
To amend the Emergency Economic Stabilization Act of 
2008 (Public Law 110–343) to provide the Special In-
spector General with additional personnel, audit, and 
investigation authorities, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Special Inspector Gen-
eral for the Troubled Asset Relief Program Act of 2008’’. 
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SEC. 2. SPECIAL INSPECTOR GENERAL FOR THE TROU-
BLED ASSET RELIEF PROGRAM. 
(a) PERSONNEL AUTHORITIES.—Section 121(e)(1) 
of the Emergency Economic Stabilization Act of 2008 
(Public Law 110–343) is amended— 
(1) by inserting ‘‘(A)’’ after ‘‘(1)’’; and 
(2) by adding at the end the following: 
‘‘(B)(i) Subject to clause (ii), the Special 
Inspector General may exercise the authorities 
of subsections (b) through (i) of section 3161 of 
title 5, United States Code (without regard to 
subsection (a) of that section). 
‘‘(ii) In exercising the employment authori-
ties under subsection (b) of section 3161 of title 
5, United States Code, as provided under clause 
(i) of this subparagraph— 
‘‘(I) the Special Inspector General 
may not make any appointment on and 
after the date occurring 6 months after the 
date of enactment of the Special Inspector 
General for the Troubled Asset Relief Pro-
gram Act of 2008; 
‘‘(II) paragraph (2) of that subsection 
(relating to periods of appointments) shall 
not apply; and 
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‘‘(III) no period of appointment may 
exceed the date on which the Office of the 
Special Inspector General terminates under 
subsection (h).’’. 
(b) AUDIT AND INVESTIGATION AUTHORITIES.—Sec-
tion 121 of the Emergency Economic Stabilization Act of 
2008 (Public Law 110–343) is amended— 
(1) in subsection (c), by adding at the end the 
following: 
‘‘(4)(A) Except as provided under subparagraph 
(B) and in addition to the duties specified in para-
graphs (1), (2), and (3), the Special Inspector Gen-
eral shall have the authority to conduct, supervise, 
and coordinate an audit or investigation of any ac-
tion taken under this title as the Special Inspector 
General determines appropriate. 
‘‘(B) Subparagraph (A) shall not apply to any 
action taken under section 115, 116, 117, or 125.’’; 
and 
(2) in subsection (d)(2), by striking ‘‘subsection 
(c)(1)’’ and inserting ‘‘subsection (c)(1) and (4)’’. 
Æ 
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