H.R. 1582 · 111th Congress
Executive Bonus Repeal Act
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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LaTouretteSponsor40 cosponsors · 40 R
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Akin
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Austria
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Burton
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Platts31 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Executive Bonus Repeal Act - Amends the Emergency Economic Stabilization Act of 2008 to repeal the exception to the general prohibition against payments of bonuses by companies receiving assistance under the Troubled Asset Relief Program (TARP) for bonus payments that were required by a written employment contract executed on or before February 11, 2009.
What it does: CRS summary · Introduced in House · Mar 18, 2009
Executive Bonus Repeal Act - Amends the Emergency Economic Stabilization Act of 2008 to repeal the exception to the general prohibition against payments of bonuses by companies receiving assistance under the Troubled Asset Relief Program (TARP) for bonus payments that were required by a written employment contract executed on or before February 11, 2009.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Executive Bonus Repeal Act
Latest action (Mar 18, 2009): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 18, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.