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HR 6479 116th Congress House Transportation and Public Works Aviation and airports Cardiovascular and respiratory health Corporate finance and management Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases Transportation employees Transportation programs funding Wages and earnings

Taxpayer Accountability for Airlines Relief Act

Introduced: April 10, 2020 Introduced by: Burchett, Tim Republican · Tennessee See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 13, 2020
Referred to the Subcommittee on Aviation.
Apr 10, 2020
Referred to the House Committee on Transportation and Infrastructure.
Apr 10, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Taxpayer Accountability for Airlines Relief Act

This bill requires air carriers receiving federal loans under the Coronavirus Aid, Relief, and Economic Security Act due to COVID-19 (i.e., coronavirus disease 2019) to limit compensation of certain executives until the air carrier repays such loans.

Specifically, the bill prohibits such air carriers from paying its executives who earned a compensation of more than $425,00 in 2019 a salary that is greater than their 2019 salary.

What's happening now April 13, 2020

Referred to the Subcommittee on Aviation.

 Committees of jurisdiction 2