US HB1673 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on March 23 2009 - 25% progression, died in committee
Action: 2009-03-23 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 23 2009 - 25% progression, died in committee
Action: 2009-03-23 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Emergency Economic Stabilization Act of 2008 (EESA) to repeal the statement that the prohibition against bonus, retention award, or incentive compensation to recipients under the Troubled Asset Relief Program (TARP) shall not be construed to prohibit any bonus payment required to be paid pursuant to a written employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary of the Treasury (or designee). (Thus makes no exceptions to the prohibition.)
Title
To amend the Emergency Economic Stabilization Act of 2008 with respect to bonus payments.
Sponsors
| Rep. Daniel Lungren [R-CA] | Rep. Zach Wamp [R-TN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-03-23 | Referred to the House Committee on Financial Services. |
Subjects
Contracts and agency
Corporate finance and management
Finance and financial sector
Financial crises and stabilization
Financial services and investments
Wages and earnings
Corporate finance and management
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/1673/all-info |
| Text | https://www.congress.gov/111/bills/hr1673/BILLS-111hr1673ih.pdf |
