HR 9155 · 117th Congress · Taxation

No Bonuses for Executives Act of 2022

Introduced 2022-10-07· Sponsored by Rep. Harder, Josh [D-CA-10]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2022-10-07)

Plain Language Summary

[AI summary unavailable — showing source text] No Bonuses for Executives Act of 2022 This bill imposes the alternative minimum tax on state regulated electric utilities that are in bankruptcy proceedings and that make incentive-based payments, other than salary, to any of their 13 highest compensated employees, and that own or lease infrastructure other than climate-resilient infrastructure (i.e., infrastructure capable of reducing the impact of major weather events and natural disasters).…

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