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H.R. 4483 · 111th Congress

Protecting Taxpayers from Excessive Compensation Act of 2010

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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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.

No cosponsors.

Protecting Taxpayers from Excessive Compensation Act of 2010 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to direct the Federal Housing Finance Agency, in its capacity as conservator or receiver of a government-sponsored enterprise (Federal National Mortgage Association [Fannie Mae] or the Federal Home Loan Mortgage…

What it does: CRS summary · Introduced in House · Jan 20, 2010

Protecting Taxpayers from Excessive Compensation Act of 2010 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to direct the Federal Housing Finance Agency, in its capacity as conservator or receiver of a government-sponsored enterprise (Federal National Mortgage Association [Fannie Mae] or the Federal Home Loan Mortgage Corporation [Freddie Mac]), to prohibit the provision of compensation to any employee, officer, or executive officer of such enterprise, for any period during such conservatorship or receivership, in an amount exceeding the rate of basic pay at such time for the Chairman of the Joint Chiefs of Staff of the Armed Forces.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Protecting Taxpayers from Excessive Compensation Act of 2010

Latest action (Jan 20, 2010): Referred to the House Committee on Financial Services.

Policy area: Housing and Community Development · Origin: House · Introduced: Jan 20, 2010

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.