I 
111TH CONGRESS 
2D SESSION 
H. R. 6046 
To require the GAO to evaluate the propriety of assistance provided to 
General Motors Corporation under the Troubled Asset Relief Program, 
and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 30, 2010 
Mr. LEE of New York introduced the following bill; which was referred to the 
Committee on Education and Labor, and in addition to the Committees 
on Financial Services, the Judiciary, and Oversight and Government Re-
form, for a period to be subsequently determined by the Speaker, in each 
case for consideration of such provisions as fall within the jurisdiction of 
the committee concerned 
A BILL 
To require the GAO to evaluate the propriety of assistance 
provided to General Motors Corporation under the Trou-
bled Asset Relief Program, 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. PROVISION OF INFORMATION TO THE GAO. 
(a) IN GENERAL.—Not later than 90 days after the 
date of enactment of this Act, the Presidential Task Force 
on the Auto Industry (hereafter in this Act referred to 
as the ‘‘Task Force’’) shall submit to the Government Ac-
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countability Office all information in its possession relat-
ing to certain specific communications involving General 
Motors Corporation (hereafter in this Act referred to as 
‘‘General Motors’’), relating to the role of the Task Force 
in negotiating, reviewing, approving, or any other aspect 
of— 
(1) the plans for reorganization or restructuring 
in connection with bankruptcy proceedings that com-
menced during 2009 under chapter 11, of title 11, 
United States Code (hereafter in this Act referred to 
as ‘‘bankruptcy proceedings’’), with respect to Gen-
eral Motors; 
(2) levels of and reductions in— 
(A) the employee and retiree benefits of 
current and former General Motors salaried 
employees, union employees, and non-union 
hourly employees; and 
(B) retiree benefits for former employees 
of the Delphi Corporation (hereafter in this Act 
referred to as ‘‘Delphi’’), including its salaried 
retirees, non-union hourly retirees, and union 
retirees; 
(3) the determination of General Motors not to 
alter any pre-existing pension obligations (including 
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Delphi pension obligations) during bankruptcy pro-
ceedings; 
(4) the determination of General Motors to ex-
pand pension benefits for former unionized Delphi 
employees that did not have a pre-existing pension 
agreement with General Motors; and 
(5) actual payments made by the United States 
to General Motors, including any schedule of pay-
ments, any formal or informal terms and conditions 
governing such payments, and the amount of inter-
est in ownership the Federal Government would ac-
quire of General Motors and any terms or conditions 
as such. 
(b) PROVISION OF INFORMATION TO GAO.—Notwith-
standing any other provision of law, not later than 90 days 
after the date of enactment of this Act— 
(1) the National Archives and Records Adminis-
tration shall submit to the Government Account-
ability Office all information in its possession related 
to certain specific communications that occurred be-
tween October 3, 2008, and January 20, 2010, re-
lated to the role of the Department of the Treasury 
in negotiating, reviewing, approving, determining, or 
in any other aspect relating to General Motors quali-
fying for Federal financial assistance under the 
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Troubled Asset Relief Program, including any sched-
ule of payments, and any formal or informal terms 
and conditions governing such payments; and 
(2) the Pension Benefit Guaranty Corporation 
shall submit to the Government Accountability Of-
fice all information in its possession related to cer-
tain specific communications that occurred in 2009 
relating to the role of that Office in negotiating, re-
viewing, approving, determining, or in any other as-
pect related to the decision to remove the liens held 
on the overseas assets of Delphi. 
SEC. 2. REPORT TO CONGRESS. 
(a) AUDIT REQUIRED.—The Government Account-
ability Office shall audit the specific communications re-
quired under section 1 and shall, not later than 1 year 
after the date of enactment of this Act, submit a report 
to the Senate and the House of Representatives containing 
its findings. The Government Accountability Office shall, 
in conducting such audit, consider any relevant and pub-
lically available bankruptcy records of General Motors and 
Delphi. 
(b) CONSIDERATIONS.—The audit under subsection 
(a) shall consider— 
(1) any decision made during General Motors 
bankruptcy proceedings that appears to be quid pro 
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quo and unduly influenced by the receipt of Federal 
funds from the Troubled Asset Relief Program; 
(2) any business decision that General Motors 
made during bankruptcy proceedings that would be 
unlikely for a similar for-profit business (that is not 
receiving Federal assistance under the Troubled 
Asset Relief Program) to make; 
(3) any action or measure that any Federal 
Government official took to persuade or force Gen-
eral Motors to take any particular action or meas-
ure; and 
(4) whether the decision for the Pension Ben-
efit Guarantee Corporation to remove the liens held 
on the overseas assets of Delphi was in the best in-
terest of United States taxpayers. 
Æ 
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