S. 3526: A bill 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.

111th Congress · introduced 2010-06-23 · Commerce · Latest: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

federal

Follow this bill, step by step

Where it came from: introduced 2010-06-23 · official record
Who proposed it: Sen. Wicker, Roger F. [R-MS] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

A bill 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.

Plain summary

Directs the Presidential Task Force on the Auto Industry to submit to the Government Accountability Office (GAO) all information in its possession relating to certain specific communications involving General Motors Corporation (GM) relating to the Task Force's role in negotiating, reviewing, approving, or any other aspect of: (1) the plans for reorganization or restructuring GM in connection with bankruptcy proceedings that commenced during 2009; (2) levels of and reductions in the employee and retiree benefits of current and former GM salaried employees, union employees, and non-union hourly employees and the retiree benefits for former employees of the Delphi Corporation; (3) GM's determination not to alter any preexisting pension obligations during bankruptcy proceedings; (4) GM's determination to expand pension benefits for former unionized Delphi employees that did not have a preexisting pension agreement with GM; and (5) actual payments made by the United States to GM. Requires: (1) the National Archives and Records Administration (NARA) to submit to GAO all information in its possession related to certain specific communications that occurred between October 3, 2008, and January 20, 2010, related to the role of the Department of the Treasury in negotiating, reviewing, approving, determining, or in any other aspect relating to GM qualifying for federal financial assistance under the Troubled Asset Relief Program (TARP); and (2) the Pension Benefit Guaranty Corporation (PBGC) to submit to GAO all information in its possession related to certain communications that occurred in 2009 relating to PBGC's role in negotiating, reviewing, approving, determining, or in any other aspect related to the decision to remove liens on Delphi's overseas assets. Directs GAO to audit such communications, report its findings to Congress within one year, and include among audit considerations: (1) any decision made during GM's bankruptcy proceedings that appears to be quid pro quo and unduly influenced by the receipt of TARP funds or that would be unlikely to be made by a similar for-profit business that is not receiving TARP assistance; (2) any action that any federal official took to persuade or force GM to take any particular action; and (3) whether the PBGC decision to remove liens on Delphi's overseas assets was in the best interest of U.S. taxpayers.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

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What does this mean? (plain words)

Official text

A bill 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.

Source: Congressional Research Service summary (Introduced in Senate)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Wicker, Roger F. [R-MS] · 1 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Sponsor's campaign money: Sen. Wicker, Roger F. [R-MS] reported raising $306,823 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Obligation: A binding promise by a government agency to pay money, for example by signing a contract or awarding a grant. Spending data such as USAspending.gov counts money when it is obligated, which can be before it is actually paid out.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-111s3526.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/111/s>

Record fed-us-cong111-s3526 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111