Here is a link from the U.S. House Financial Services Committee, "Chairman [Barney] Frank's proposal in response to the Treasury Department's plan" http://www.house.gov/apps/list/press/financialsvcs_dem/press092308.shtml (or use this url http://tinyurl.com/4jo7g3 )
click on "Draft I Work in Progress" to view the PDF of the draft of legislation
Monitoring the U.S. House Financial Services Committee pages may be the most effective manner of determining the final bill status. Once the bill number has been assigned, you may track progress via THOMAS, legislative information from the Library of Congress
C-SPAN http://cspan.org/ is broadcasting the Senate Committee on Banking, Housing and Urban Affairs hearings with Secretary of Treasury, Henry Paulson, and Ben Bernanke, Chair of the Federal Reserve System among other administration officials.
whitehouse.gov, senate.gov, and house.gov pages regularly,