HR 1557
116th Congress
House
Finance and Financial Sector
Bankruptcy
Corporate finance and management
Wages and earnings
No Bonuses in Bankruptcy Act of 2019
Introduced: March 6, 2019
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 8, 2019
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Mar 6, 2019
Introduced in House
Mar 6, 2019
Referred to the House Committee on the Judiciary.
Plain-English summary
No Bonuses in Bankruptcy Act of 2019
This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals, including insiders (such as relatives) and highly compensated employees.
What's happening now
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Committees of jurisdiction
2