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HR 1652 111th Congress House Finance and Financial Sector Corporate finance and management Financial crises and stabilization Financial services and investments Wages and earnings

To require institutions receiving certain assistance from the Troubled Asset Relief Program or the Federal Reserve to have employee bonus payment plans approved in advance of the payments being made.

Introduced: March 19, 2009 Introduced by: Murphy, Christopher Democratic · Connecticut See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 19, 2009
Referred to the House Committee on Financial Services.
Mar 19, 2009
Introduced in House
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 Plain-English summary Congressional Research Service

Requires the Secretary of the Treasury and the Chairman of the Board of Governors of the Federal Reserve System to require financial institutions that have received assistance under the Troubled Asset Relief Program (TARP) or under the Federal Reserve Act to obtain the approval of their employee bonus payment plans by either the Secretary or the Chairman, as appropriate, before paying any employee bonuses.

What's happening now March 19, 2009

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 1652: To require institutions receiving certain assistance from the Troubled Asset Relief Program or the Federal Reserve to have employee bonus payment plans approved in advance of the payments being made.. 111th Congress. Open America. https://openamerica.io/bill/111-HR-1652/
MLA
"H.R. 1652: To require institutions receiving certain assistance from the Troubled Asset Relief Program or the Federal Reserve to have employee bonus payment plans approved in advance of the payments being made.." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-1652/.
Bluebook (legal)
H.R. 1652, 111th Cong. (2026), https://openamerica.io/bill/111-HR-1652/.
Markdown link
[H.R. 1652: To require institutions receiving certain assistance from the Troubled Asset Relief Program or the Federal Reserve to have employee bonus payment plans approved in advance of the payments being made.](https://openamerica.io/bill/111-HR-1652/)
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