H.R. 7279 · 116th Congress
No Bonuses Ahead of Bankruptcy Filing Act of 2020
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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
SteubeSponsorNo cosponsors.
This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals for two years, including insiders (such as relatives) and highly compensated employees.
What it does: CRS summary · Introduced in House · Jun 18, 2020
No Bonuses Ahead of Bankruptcy Filing Act of 2020
This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals for two years, including insiders (such as relatives) and highly compensated employees.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: No Bonuses Ahead of Bankruptcy Filing Act of 2020
Latest action (Jun 18, 2020): Referred to the House Committee on the Judiciary.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 18, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.