Since the 110th Congress has adjourned, and since this bill wasn't passed, doesn't that mean that it cannot be passed? I don't think it can. But who knows? Maybe it will come up again under a new name when the 111th Congress gets rolling.
That's if they find time for it in between bailing out poorly-run corporations... Oh that's right, Congress doesn't need to vote on that because Hank Paulson just gives the money out as he sees fit. BONUS QUESTION for Americans: Is any of this constitutional?