HR 1603
111th Congress
House
Finance and Financial Sector
Bank accounts, deposits, capital
Corporate finance and management
Financial crises and stabilization
Wages and earnings
TARP Wage Accountability Act
Introduced: March 18, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 18, 2009
Referred to the House Committee on Financial Services.
Mar 18, 2009
Introduced in House
Plain-English summary
TARP Wage Accountability Act - Amends the Emergency Economic Stabilization Act of 2008 to prohibit financial institutions that have received more than $10 billion under the Troubled Asset Relief Program (TARP) from increasing the compensation of any of their officers, directors, or employees for a fiscal year by a percentage greater than the federal civil service pay increase for such fiscal year.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1