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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
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Plain-English summary Congressional Research Service

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 June 18, 2020

Referred to the House Committee on the Judiciary.

 Related & companion bills 1
  • HR 1557 Related bill No Bonuses in Bankruptcy Act of 2019
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 7279: No Bonuses Ahead of Bankruptcy Filing Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7279/
MLA
"H.R. 7279: No Bonuses Ahead of Bankruptcy Filing Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7279/.
Bluebook (legal)
H.R. 7279, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7279/.
Markdown link
[H.R. 7279: No Bonuses Ahead of Bankruptcy Filing Act of 2020](https://openamerica.io/bill/116-HR-7279/)
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