I 
111TH CONGRESS 
1ST SESSION 
H. R. 979 
To limit excessive and luxury expenses by recipients of assistance under 
the Emergency Economic Stabilization Act of 2008, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 11, 2009 
Mr. HARE (for himself, Mr. ARCURI, Mr. KISSELL, Ms. GIFFORDS, Mr. 
SPACE, Mr. BOCCIERI, Mr. MASSA, Mr. LIPINSKI, Mrs. KIRKPATRICK of 
Arizona, Ms. PINGREE of Maine, and Mr. TONKO) introduced the fol-
lowing bill; which was referred to the Committee on Financial Services 
A BILL 
To limit excessive and luxury expenses by recipients of assist-
ance under the Emergency Economic Stabilization Act 
of 2008, 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 ‘‘Stop Taxpayer-Offen-
sive Practices Act of 2009’’ or the ‘‘STOP Act’’. 
VerDate Nov 24 2008 
21:40 Feb 12, 2009
Jkt 079200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H979.IH
H979
rwilkins on PROD1PC63 with BILLS
SEC. 2. LIMITS ON EXCESSIVE AND LUXURY EXPENSES BY 
RECIPIENTS OF ASSISTANCE UNDER TARP. 
(a) IN GENERAL.—Title I of the Emergency Eco-
nomic Stabilization Act of 2008 (12 U.S.C. 5211 et seq.) 
is amended by adding at the end the following new section: 
‘‘SEC. 137. LIMITATION ON EXCESSIVE AND LUXURY EX-
PENSES BY RECIPIENTS OF ASSISTANCE. 
‘‘(a) POLICIES ESTABLISHED BY SECRETARY.—The 
Secretary shall establish policies regarding excessive or 
luxury expenditures, as identified by the Secretary, which 
prohibit excessive expenditures by any recipient of assist-
ance under this title on— 
‘‘(1) entertainment or events; 
‘‘(2) office and facility renovations; 
‘‘(3) any aviation or other transportation serv-
ice; and 
‘‘(4) any other activity or event that is not a 
reasonable expenditure for any conference, staff de-
velopment, performance incentive, or other similar 
activity or event conducted in the normal course of 
the business operations of the recipient. 
‘‘(b) ACTION BY RECIPIENT.—The board of directors 
of each recipient of assistance under this title (or any 
other person or entity in whom the management of the 
recipient is vested) shall establish company-wide policies 
for limiting excessive or luxury expenditures by the recipi-
VerDate Nov 24 2008 
21:40 Feb 12, 2009
Jkt 079200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H979.IH
H979
rwilkins on PROD1PC63 with BILLS
ent that are not inconsistent with the policies established 
by the Secretary under subsection (a). 
‘‘(c) EFFECTIVE PERIOD.—Any policy established by 
the Secretary or any board of directors that is applicable 
under this section to any recipient of assistance under this 
title shall remain effective for such recipient while any 
such assistance remains outstanding.’’. 
(b) CLERICAL AMENDMENT.—The table of contents 
for the Emergency Economic Stabilization Act of 2008 is 
amended by inserting after the item relating to section 
136 the following new item: 
‘‘137. Limitation on excessive and luxury expenses by recipients of assistance.’’. 
Æ 
VerDate Nov 24 2008 
21:40 Feb 12, 2009
Jkt 079200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6301
E:\BILLS\H979.IH
H979
rwilkins on PROD1PC63 with BILLS