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S 2036 114th Congress Senate Housing and Community Development Government corporations and government-sponsored enterprises Government employee pay, benefits, personnel management Housing finance and home ownership Wages and earnings

Equity in Government Compensation Act of 2015

Introduced: September 15, 2015 See on congress.gov
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 Everywhere this bill has been 15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 25, 2015
Became Public Law No: 114-93.
Nov 25, 2015
Signed by President.
Nov 19, 2015
Presented to President.
Nov 16, 2015
Motion to reconsider laid on the table Agreed to without objection.
Nov 16, 2015
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8221-8222)
Nov 16, 2015
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H8221-8222)
Nov 16, 2015
DEBATE - The House proceeded with forty minutes of debate on S. 2036.
Nov 16, 2015
Considered under suspension of the rules. (consideration: CR H8221-8223)
Nov 16, 2015
Mr. Hensarling moved to suspend the rules and pass the bill.
Sep 16, 2015
Held at the desk.
Sep 16, 2015
Received in the House.
Sep 16, 2015
Message on Senate action sent to the House.
Sep 15, 2015
Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S6659; text as passed Senate: CR S6659)
Sep 15, 2015
Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.(consideration: CR S6659; text as passed Senate: CR S6659)
Sep 15, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The expanded summary of the Senate passed version is repeated here.)

Equity in Government Compensation Act of 2015

(Sec. 3) This bill requires the Director of the Federal Housing Finance Agency to suspend the compensation packages approved for 2015 for the chief executive officers of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (government sponsored enterprises or GSEs), and any affiliates, and in lieu of such packages establish the compensation and benefits for each such chief executive officer at the same level in effect for that officer as of January 1, 2015. Such compensation and benefits may not thereafter be increased.

This suspension shall not be construed to affect the prohibition of the STOCK Act against receipt of bonuses by the chief executive officer of each GSE during any period of conservatorship. It shall only apply to such a chief executive officer if the GSE is in conservatorship or receivership as a critically undercapitalized regulated entity pursuant to the Federal Housing Enterprises Financial Safety and Soundness Act of 1992.

(Sec. 4) Any chief executive officer affected by this compensation package suspension shall not be considered a federal employee.

What's happening now November 25, 2015

Became Public Law No: 114-93.

 Cosponsors 1
All 1 Democratic 1