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HR 807 111th Congress House Finance and Financial Sector Appropriations Bank accounts, deposits, capital Corporate finance and management Financial crises and stabilization Government information and archives Wages and earnings

To amend the Emergency Economic Stabilization Act of 2008 to require a public database of the executive compensation of the institutions receiving assistance under the Troubled Assets Relief Program.

Introduced: February 3, 2009 Introduced by: Bilirakis, Gus M. Republican · Florida See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 3, 2009
Referred to the House Committee on Financial Services.
Feb 3, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Secretary of the Treasury to establish an Internet website containing a searchable database of the executive compensation of the institutions receiving assistance under the Troubled Asset Relief Program (TARP).

Requires any institution receiving any TARP assistance to disclose annually to the Secretary the total compensation of: (1) each of its 100 most highly paid executives, officers, or employees; or (2) for an institution with fewer than 1,000 employees, each of the top 5% of its most highly paid executives, officers, or employees.

What's happening now February 3, 2009

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1