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TITLE I - Troubled Assets Relief Program

Sec. 120. Termination of Authority. (0 Comments) subscribe to the comments feed

  1. TERMINATION.The authorities provided under sections 101(a) and 102 shall terminate on December 31, 2009.

  2. EXTENSION UPON CERTIFICATION.The Secretary, upon submission of a written certification to Congress, may extend the authority provided under this Act to expire not later than 2 years from the date of enactment of this Act. Such certification shall include a justification of why the extension is necessary to assist American families and stabilize financial markets, as well as the expected cost to the taxpayers for such an extension.

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