HR 4268 · 101th Congress · Finance and Financial Sector

Depository Institution Golden Parachute Prohibition Act of 1990

Introduced 1990-03-14· Sponsored by Rep. Price, David E. [D-NC-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1990-04-02)

Plain Language Summary

[AI summary unavailable — showing source text] Depository Institution Golden Parachute Prohibition Act of 1990 - Amends the Federal Deposit Insurance Act to authorize the Federal Deposit Insurance Corporation Board of Directors to prohibit any insured depository institution from making golden parachute payments as defined in the Internal Revenue Code (payments resulting from an agreement during the pendency of a tender offer to increase the compensation of senior management personnel).…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

17 Democrats3 Republicans
Rep. Annunzio, Frank [D-IL-11]IL
Rep. Barnard, Doug, Jr. [D-GA-10]GA
Rep. Carper, Thomas R. [D-DE-At Large]DE
Rep. Flake, Floyd H. [D-NY-6]NY
Rep. Hoagland, Peter [D-NE-2]NE
Rep. Kennedy, Joseph P., II [D-MA-8]MA
Rep. Kleczka, Gerald D. [D-WI-4]WI
Rep. Leach, James A. [R-IA-1]IA
Rep. McDermott, Jim [D-WA-7]WA
Rep. Patterson, Elizabeth [D-SC-4]SC
Rep. Pelosi, Nancy [D-CA-5]CA
Rep. Roukema, Marge [R-NJ-5]NJ
Rep. Schumer, Charles E. [D-NY-10]NY
Rep. Bereuter, Doug [R-NE-1]NE
Rep. Kanjorski, Paul E. [D-PA-11]PA
Rep. Gordon, Bart [D-TN-6]TN
Rep. Beilenson, Anthony C. [D-CA-23]CA
Rep. Traficant, James A., Jr. [D-OH-17]OH
Rep. Savage, Gus [D-IL-2]IL
Rep. Mazzoli, Romano L. [D-KY-3]KY