US HB1652 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 19 2009 - 25% progression, died in committee
Action: 2009-03-19 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 19 2009 - 25% progression, died in committee
Action: 2009-03-19 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires the Secretary of the Treasury and the Chairman of the Board of Governors of the Federal Reserve System to require financial institutions that have received assistance under the Troubled Asset Relief Program (TARP) or under the Federal Reserve Act to obtain the approval of their employee bonus payment plans by either the Secretary or the Chairman, as appropriate, before paying any employee bonuses.
Title
To require institutions receiving certain assistance from the Troubled Asset Relief Program or the Federal Reserve to have employee bonus payment plans approved in advance of the payments being made.
Sponsors
| Sen. Christopher Murphy [D-CT] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-03-19 | Referred to the House Committee on Financial Services. |
Subjects
Corporate finance and management
Finance and financial sector
Financial crises and stabilization
Financial services and investments
Wages and earnings
Finance and financial sector
Financial crises and stabilization
Financial services and investments
Wages and earnings
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/1652/all-info |
| Text | https://www.congress.gov/111/bills/hr1652/BILLS-111hr1652ih.pdf |
