HR 1582 · 111th Congress · Finance and Financial Sector

Executive Bonus Repeal Act

Introduced 2009-03-18· Sponsored by Rep. LaTourette, Steven C. [R-OH-14]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2009-03-18)

Plain Language Summary

[AI summary unavailable — showing source text] Executive Bonus Repeal Act - Amends the Emergency Economic Stabilization Act of 2008 to repeal the exception to the general prohibition against payments of bonuses by companies receiving assistance under the Troubled Asset Relief Program (TARP) for bonus payments that were required by a written employment contract executed on or before February 11, 2009.…

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

Cosponsors (20)

20 Republicans
Rep. McCotter, Thaddeus G. [R-MI-11]MI
Rep. Austria, Steve [R-OH-7]OH
Rep. Foxx, Virginia [R-NC-5]NC
Rep. Upton, Fred [R-MI-6]MI
Rep. Cole, Tom [R-OK-4]OK
Rep. Sessions, Pete [R-TX-32]TX
Rep. Fortenberry, Jeff [R-NE-1]NE
Rep. LoBiondo, Frank A. [R-NJ-2]NJ
Rep. Simpson, Michael K. [R-ID-2]ID
Rep. Rogers, Mike J. [R-MI-8]MI
Rep. Dent, Charles W. [R-PA-15]PA
Rep. Ehlers, Vernon J. [R-MI-3]MI
Rep. Burton, Dan [R-IN-5]IN
Rep. Diaz-Balart, Lincoln [R-FL-21]FL
Rep. Tiberi, Patrick J. [R-OH-12]OH
Rep. Latham, Tom [R-IA-4]IA
Rep. Marchant, Kenny [R-TX-24]TX
Rep. Turner, Michael R. [R-OH-3]OH
Rep. Rooney, Thomas J. [R-FL-16]FL
Rep. Reichert, David G. [R-WA-8]WA