H.R. 2243 · 114th Congress
Equity in Government Compensation Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
RoyceSponsor6 cosponsors · 6 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Such compensation and benefits may not thereafter be increased.
What it does: CRS summary · Reported to House amended, Part I · Nov 16, 2015
Equity in Government Compensation Act of 2015
(Sec. 3) This bill requires the Director of the Federal Housing Finance Agency to: (1) suspend immediately the compensation packages approved for 2015 for the chief executive officers of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs); and (2) establish, in lieu of such packages, the compensation and benefits for each such officer at the same level in effect as of January 1, 2015.
Such compensation and benefits may not thereafter be increased.
This requirement may not be construed to affect the applicability to the chief executive officer of each GSE of the prohibition against receiving bonuses during any period of conservatorship on or after April 4, 2012.
(Sec. 4) Any executive officer affected by this Act shall not be considered a federal employee.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Equity in Government Compensation Act of 2015
Latest action (Nov 16, 2015): Placed on the Union Calendar, Calendar No. 261.
Policy area: Housing and Community Development · Origin: House · Introduced: May 8, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.