HR 4268
101th Congress
House
Finance and Financial Sector
Bank directors
Bank mergers
Executive compensation
Golden parachutes
Depository Institution Golden Parachute Prohibition Act of 1990
Introduced: March 14, 1990
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 2, 1990
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Mar 14, 1990
Referred to the House Committee on Banking, Finance + Urban Affrs.
Mar 14, 1990
Introduced in House
Plain-English summary
Depository Institution Golden Parachute Prohibition Act of 1990 - Amends the Federal Deposit Insurance Act to authorize the Federal Deposit Insurance Corporation Board of Directors to prohibit any insured depository institution from making golden parachute payments as defined in the Internal Revenue Code (payments resulting from an agreement during the pendency of a tender offer to increase the compensation of senior management personnel).
What's happening now
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Committees of jurisdiction
2