HOUSE 1557116th CongressReferred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
No Bonuses in Bankruptcy Act of 2019
- Last Action
- 4/8/2019
Actions
- 2019-04-08Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
- 2019-03-06Referred to the House Committee on the Judiciary.
- 2019-03-06Introduced in House
- 2019-03-06Introduced in House
CRS Summary
As of 2019-03-06 (00)
No Bonuses in Bankruptcy Act of 2019
This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals, including insiders (such as relatives) and highly compensated employees.
Cosponsors (14)
- Tim Burchett (R-TN)
- Elissa Slotkin (D-MI)
- Cynthia Axne (D-IA)
- Abby Finkenauer (D-IA)
- David Cicilline (D-RI)
- Raúl Grijalva (D-AZ)
- Lucy McBath (D-GA)
- Max Rose (D-NY)
- Jamie Raskin (D-MD)
- Mary Scanlon (D-PA)
- Joe Courtney (D-CT)
- ROSA DELAURO (D-CT)
- Jahana Hayes (D-CT)
- JOHN LARSON (D-CT)
Subjects
- Bankruptcy
- Corporate finance and management
- Wages and earnings
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.