The new bill , called the " No BAILOUTS Act " ( Bringing Accountability , Increased Liquidity , Oversight , and Upholding Taxpayer Security ) , is being introduced by Rep. DeFazio ( OR-04 ) , with Rep. Kaptur ( OH-09 ) , Rep. Scott ( VA-03 ) , Rep. Cummings ( MD-07 ) , Rep. Doggett ( TX-25 ) , Rep. Holt ( NJ-12 ) , Rep. Edwards ( MD-04 ) and Rep. Hirono ( HI-02 ) .