HR 5258
116th Congress
House
Taxation
Atmospheric science and weather
Bankruptcy
Corporate finance and management
Electric power generation and transmission
Income tax rates
Infrastructure development
Natural disasters
Public utilities and utility rates
Wages and earnings
No Bonuses During Blackouts Act of 2019
Introduced: November 22, 2019
Introduced by:
Harder, Josh
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 22, 2019
Referred to the House Committee on Ways and Means.
Nov 22, 2019
Introduced in House
Plain-English summary
No Bonuses During Blackouts Act of 2019
This bill imposes the alternative minimum tax on state regulated electric utilities that are in bankruptcy reorganization and that make incentive-based payments, other than salary, to any of their 13 highest compensated employees, or that own or lease infrastructure other than climate-resilient infrastructure (i.e., infrastructure capable of reducing the impact of major weather events and natural disasters).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1