I 
111TH CONGRESS 
2D SESSION 
H. R. 4617 
To amend the Emergency Economic Stabilization Act of 2008 to require 
institutions to segregate funds received under the Troubled Asset Relief 
Program and to amend the Federal Election Campaign Act of 1971 
to prohibit the use of any such funds for expenditures or electioneering 
communications under such Act. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 5, 2010 
Mr. WALZ introduced the following bill; which was referred to the Committee 
on Financial Services, and in addition to the Committee on House Ad-
ministration, for a period to be subsequently determined by the Speaker, 
in each case for consideration of such provisions as fall within the juris-
diction of the committee concerned 
A BILL 
To amend the Emergency Economic Stabilization Act of 
2008 to require institutions to segregate funds received 
under the Troubled Asset Relief Program and to amend 
the Federal Election Campaign Act of 1971 to prohibit 
the use of any such funds for expenditures or election-
eering communications under such Act. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Separate Taxpayer 
Dollars from the Election Process Act of 2010’’. 
SEC. 2. TARP ASSISTANCE SEGREGATION REQUIREMENT. 
Title I of the Emergency Economic Stabilization Act 
of 2008 (12 U.S.C. 5211 et seq.) is amended by adding 
at the end the following new section: 
‘‘SEC. 137. TARP ASSISTANCE SEGREGATION REQUIRE-
MENT. 
‘‘(a) IN GENERAL.—Any financial institution, other 
than a natural person, receiving Federal funds in connec-
tion with assistance received under this title shall— 
‘‘(1) if such funds are received before the date 
of the enactment of this section, transfer an amount 
equal to the total unexpended amount of such funds 
into a separate, segregated account from the other 
operating funds of the institution and maintain such 
funds in the segregated account until they are ex-
pended; and 
‘‘(2) if such funds are received on or after the 
date of the enactment of this section, deposit such 
funds in a separate, segregated account from the 
other operating funds of the institution and main-
tain such funds in the segregated account until they 
are expended. 
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‘‘(b) TRANSITION RULE.—Federal funds that are re-
quired to be segregated by reason of subsection (a)(1) 
shall be so segregated not later than the end of the 30- 
day period beginning on the date of the enactment of this 
section.’’. 
SEC. 3. PROHIBITING USE OF SEGREGATED FUNDS FOR 
CERTAIN 
CAMPAIGN-RELATED 
DISBURSE-
MENTS. 
Title III of the Federal Election Campaign Act of 
1971 (2 U.S.C. 431 et seq.) is amended by inserting after 
section 316 the following new section: 
‘‘SEC. 316A. PROHIBITING USE OF TARP ASSISTANCE FOR 
EXPENDITURES OR ELECTIONEERING COM-
MUNICATIONS. 
‘‘No person may use any Federal funds that are re-
quired to be segregated under section 137(a) of the Emer-
gency Economic Stabilization Act of 2008 to make any 
expenditure or electioneering communication.’’. 
Æ 
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