H.R. 807 · 111th Congress
To amend the Emergency Economic Stabilization Act of 2008 to require a public database of the executive…
Full title
To amend the Emergency Economic Stabilization Act of 2008 to require a public database of the executive compensation of the institutions receiving assistance under the Troubled Assets Relief Program.
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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.
Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Secretary of the Treasury to establish an Internet website containing a searchable database of the executive compensation of the institutions receiving assistance under the Troubled Asset Relief Program (TARP).
What it does: CRS summary · Introduced in House · Feb 3, 2009
Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Secretary of the Treasury to establish an Internet website containing a searchable database of the executive compensation of the institutions receiving assistance under the Troubled Asset Relief Program (TARP).
Requires any institution receiving any TARP assistance to disclose annually to the Secretary the total compensation of: (1) each of its 100 most highly paid executives, officers, or employees; or (2) for an institution with fewer than 1,000 employees, each of the top 5% of its most highly paid executives, officers, or employees.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Emergency Economic Stabilization Act of 2008 to require a public database of the executive compensation of the institutions receiving assistance under the Troubled Assets Relief Program.
Latest action (Feb 3, 2009): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Feb 3, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.