HR 1603 · 111th Congress · Finance and Financial Sector

TARP Wage Accountability Act

Introduced 2009-03-18· Sponsored by Rep. Wilson, Charles A. [D-OH-6]· House

Bill Progress

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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] TARP Wage Accountability Act - Amends the Emergency Economic Stabilization Act of 2008 to prohibit financial institutions that have received more than $10 billion under the Troubled Asset Relief Program (TARP) from increasing the compensation of any of their officers, directors, or employees for a fiscal year by a percentage greater than the federal civil service pay increase for such fiscal year.…

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

Cosponsors (14)

14 Democrats
Rep. Ryan, Tim [D-OH-17]OH
Rep. Scott, David [D-GA-13]GA
Rep. Driehaus, Steve [D-OH-1]OH
Rep. Boccieri, John A. [D-OH-16]OH
Rep. Space, Zachary T. [D-OH-18]OH
Rep. Ross, Mike [D-AR-4]AR
Rep. Arcuri, Michael A. [D-NY-24]NY
Rep. Connolly, Gerald E. [D-VA-11]VA
Rep. Sutton, Betty [D-OH-13]OH
Rep. Kaptur, Marcy [D-OH-9]OH
Rep. Sires, Albio [D-NJ-13]NJ
Rep. Moran, James P. [D-VA-8]VA
Rep. Massa, Eric J. J. [D-NY-29]NY
Rep. Larson, John B. [D-CT-1]CT