HR 7279
116th Congress
House
Finance and Financial Sector
Bankruptcy
Corporate finance and management
Wages and earnings
No Bonuses Ahead of Bankruptcy Filing Act of 2020
Introduced: June 18, 2020
Introduced by:
Steube, W. Gregory
Republican
· Florida
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 18, 2020
Referred to the House Committee on the Judiciary.
Jun 18, 2020
Introduced in House
Plain-English summary
No Bonuses Ahead of Bankruptcy Filing Act of 2020
This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals for two years, including insiders (such as relatives) and highly compensated employees.
What's happening now
Referred to the House Committee on the Judiciary.
Committees of jurisdiction
1