H.R. 6479 · 116th Congress
Taxpayer Accountability for Airlines Relief Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BurchettSponsorNo cosponsors.
This bill requires air carriers receiving federal loans under the Coronavirus Aid, Relief, and Economic Security Act due to COVID-19 (i.e., coronavirus disease 2019) to limit compensation of certain executives until the air carrier repays such loans.
What it does: CRS summary · Introduced in House · Apr 10, 2020
Taxpayer Accountability for Airlines Relief Act
This bill requires air carriers receiving federal loans under the Coronavirus Aid, Relief, and Economic Security Act due to COVID-19 (i.e., coronavirus disease 2019) to limit compensation of certain executives until the air carrier repays such loans.
Specifically, the bill prohibits such air carriers from paying its executives who earned a compensation of more than $425,00 in 2019 a salary that is greater than their 2019 salary.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Taxpayer Accountability for Airlines Relief Act
Latest action (Apr 13, 2020): Referred to the Subcommittee on Aviation.
Policy area: Transportation and Public Works · Origin: House · Introduced: Apr 10, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.