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HCONRES 76 111th Congress House Finance and Financial Sector Corporate finance and management Financial crises and stabilization Insurance industry and regulation Wages and earnings

Expressing the sense of the Congress regarding executive and employee bonuses paid by AIG and other companies assisted with taxpayer funds provided under the Troubled Assets Relief Program of the Secretary of the Treasury.

Introduced: March 19, 2009 See on congress.gov
 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 19, 2009
Failed of passage/not agreed to in House: On motion to suspend the rules and agree to the resolution Failed by the Yeas and Nays: (2/3 required): 255 - 160 (Roll no. 144).
Mar 19, 2009
On motion to suspend the rules and agree to the resolution Failed by the Yeas and Nays: (2/3 required): 255 - 160 (Roll no. 144).
Mar 19, 2009
Considered as unfinished business. (consideration: CR H3674)
Mar 19, 2009
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Mar 19, 2009
DEBATE - The House proceeded with forty minutes of debate on H. Con. Res. 76.
Mar 19, 2009
Considered under suspension of the rules. (consideration: CR H3665-3673; text of measure as introduced: CR H3665)
Mar 19, 2009
Mr. Frank (MA) moved to suspend the rules and agree to the resolution.
Mar 19, 2009
Referred to the House Committee on Financial Services.
Mar 19, 2009
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Mar 19, 2009 House · vote #144 On Motion to Suspend the Rules and Agree Failed 255160 See who voted →
 Plain-English summary Congressional Research Service

Expresses the sense of Congress that the President is appropriately exercising authorities under the Emergency Economic Stabilization Act of 2008 and other federal laws by taking all necessary actions to ensure that: (1) American International Group, Inc. (AIG) will repay taxpayers for retention bonuses paid to its executives and employees; (2) companies that receive a capital infusion under the Emergency Economic Stabilization Act of 2008 are prohibited from paying unreasonable and excessive bonuses to their executives and employees; and (3) such companies comply with provisions of the American Recovery and Reinvestment Act restricting executive compensation.

What's happening now March 19, 2009

On motion to suspend the rules and agree to the resolution Failed by the Yeas and Nays: (2/3 required): 255 - 160 (Roll no. 144).

 Committees of jurisdiction 1