H.R. 1652 · 111th Congress
To require institutions receiving certain assistance from the Troubled Asset Relief Program or the Federal…
Full title
To require institutions receiving certain assistance from the Troubled Asset Relief Program or the Federal Reserve to have employee bonus payment plans approved in advance of the payments being made.
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
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.
D
MurphySponsorNo cosponsors.
Requires the Secretary of the Treasury and the Chairman of the Board of Governors of the Federal Reserve System to require financial institutions that have received assistance under the Troubled Asset Relief Program (TARP) or under the Federal Reserve Act to obtain the approval of their employee bonus payment plans by either the Secretary or the Chairman,…
What it does: CRS summary · Introduced in House · Mar 19, 2009
Requires the Secretary of the Treasury and the Chairman of the Board of Governors of the Federal Reserve System to require financial institutions that have received assistance under the Troubled Asset Relief Program (TARP) or under the Federal Reserve Act to obtain the approval of their employee bonus payment plans by either the Secretary or the Chairman, as appropriate, before paying any employee bonuses.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To require institutions receiving certain assistance from the Troubled Asset Relief Program or the Federal Reserve to have employee bonus payment plans approved in advance of the payments being made.
Latest action (Mar 19, 2009): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 19, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.