No Bonuses in Bankruptcy Act of 2018

Fact Sheet API

Bill Number

HR 6912

Introduced

Sep 26, 2018

Latest Action

Referred to the House Committee on the Judiciary.

Sponsor

Cosponsors

Topics

Administrative law and regulatory procedures Bankruptcy Corporate finance and management Finance and Financial Sector Wages and earnings

Full Text

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Votes

Summary

No Bonuses in Bankruptcy Act of 2018

This bill prohibits the payment of bonuses to certain highly compensated employees and other insiders of a debtor for services performed during chapter 11 (reorganization) bankruptcy proceedings.

Actions

Sep 26, 2018

Referred to the House Committee on the Judiciary.
Sep 26, 2018

Introduced in House

Amendments

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