,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #aaai  ,,in ,,the ,,house ,,of  
,,representatives  ,march #ac1 #bjac    
,mr4 ,grayson introduced the following  
bill2 which was referred to the         
,committee on ,financial ,services  ,a  
,,bill  ,to prevent funding provided    
through the ,federal ,reserve ,system   
from being made available to            
corporations that finance political     
campaigns or political propaganda1 and  
for other purposes4  #a4 ,short title   
,this ,act may be cited as the ,bailouts
 ,are ,not ,for ,sale ,act4  #b4        
,prohibition on access to the ,federal  
reserve discount window for corporations
 which interfere in elections  7a7 ,in  
general ,notwithstanding section #ac of 
the ,federal ,reserve ,act1 any other   
provision of the ,federal ,reserve ,act1
 or any other provision of law1 a       
corporation which has made any          
independent expenditure or any          
disbursement for an electioneering      
communication1 in connection with an    

election campaign for a ,federal office1
 directly or through any affiliate1     
after the date of the enactment of such 
,act may not have any notes discounted  
by any ,federal reserve bank and may not
 otherwise have access to or receive the
 benefit of1 directly or indirectly     
through any affiliate or third party1   
any financing provided by or through the
 ,board or any ,federal reserve bank or 
any credit facility established by the  
,board or any ,federal reserve bank4    
7b7 ,prompt reimbursement during        
transition ,if any corporation subject  
to subsection 7a7 has1 before the date  
of the enactment of this ,act1 entered  
into any transaction or financing       
arrangement prohibited by such          
subsection1 the ,board shall require the
 corporation to unwind the transaction  
and repay any amount outstanding as soon
 as practicable but1 in any case1 before
 the end of the #ij-;day period         
beginning on such date of enactment4    
7c7 ,regulations ,before the end of the 

#ij-;day period beginning on the date of
 the enactment of this ,act1 the ,board 
shall prescribe1 in final form1 such    
regulations as may be appropriate to    
implement this ,act4  7d7 ,definitions  
,for purposes of this section1 the terms
 ,board and affiliate have the same     
meanings as in section #b of the ,bank  
,holding ,company ,act of #aief4  7e7   
,effective date ,this ,act shall apply  
as of the date of the enactment of this 
,act1 without regard to the effective   
date of any regulation prescribed under 
subsection 7c74