12 2 STA T .3790PUBLIC LA W 110 – 3 4 3 —O CT. 3 , 200 8(B)When e v e ri n fo r mat ionora s sistan c ere qu este dby the Sp e - cia lI nspector G eneral is , in the j ud g ment of the Special Inspector General, unreasonably refused or not provided, the Special Inspector General shall report the circumstances to the appropriate commit- tees of C ongress w ithout delay . (f) REPORTS . — ( 1 ) N ot later than 60 days after the confirmation of the Special Inspector General, and every calendar quarter there- after, the Special Inspector General shall submit to the appropriate committees of Congress a report summari z ing the activities of the Special Inspector General during the 1 2 0-day period ending on the date of such report. E ach report shall include, for the period covered by such report, a detailed statement of all purchases, obliga- tions, e x penditures, and revenues associated with any program established by the Secretary of the T reasury under sections 101 and 102, as well as the information collected under subsection (c)(1). (2) Nothing in this subsection shall be construed to authorize the public disclosure of information that is— ( A ) specifically prohibited from disclosure by any other provision of law
(B) specifically required by Executive order to be protected from disclosure in the interest of national defense or national security or in the conduct of foreign affairs; or (C) a part of an ongoing criminal investigation. ( 3 ) Any reports required under this section shall also be sub- mitted to the Congressional O versight P anel established under section 12 5 . (g) FUNDI N G .—(1) Of the amounts made available to the Sec- retary of the Treasury under section 11 8 , $ 50,000,000 shall be available to the Special Inspector General to carry out this section. (2) The amount available under paragraph (1) shall remain available until expended. (h) TER M IN A TION.—The Office of the Special Inspector General shall terminate on the later of— (1) the date that the last troubled asset acquired by the Secretary under section 101 has been sold or transferred out of the ownership or control of the Federal Government; or (2) the date of expiration of the last insurance contract issued under section 102. SEC.12 2. IN C R E A SEINS T AT U T O R YL I M ITONT H E P U B LIC D EBT. Subsection (b) of section 3101 of title 31, U nited States Code, is amended by stri k ing out the dollar limitation contained in such subsection and inserting ‘ ‘$11,315,000,000,000 ’ ’. SEC. 12 3 . CREDIT RE F ORM. (a) IN GENERA L .—Subject to subsection (b), the costs of pur- chases of troubled assets made under section 101(a) and guarantees of troubled assets under section 102, and any cash flows associated with the activities authorized in section 102 and subsections (a), (b), and (c) of section 106 shall be determined as provided under the Federal Credit Reform Act of 1 9 90 (2 U.S.C. 661 et. seq.). (b) COSTS.—For the purposes of section 502(5) of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a(5))— (1) the cost of troubled assets and guarantees of troubled assets shall be calculated by adjusting the discount rate in section 502(5)(E) (2 U.S.C. 661a(5)(E)) for market risks; and 12USC5 2 3 2 .Reports . Reports.
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