HR 428
117th Congress
House
Finance and Financial Sector
Bankruptcy
Corporate finance and management
Wages and earnings
No Bonuses Ahead of Bankruptcy Filing Act of 2021
Introduced: January 21, 2021
Introduced by:
Steube, W. Gregory
Republican
· Florida
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 5, 2021
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Jan 21, 2021
Referred to the House Committee on the Judiciary.
Jan 21, 2021
Introduced in House
Plain-English summary
No Bonuses Ahead of Bankruptcy Filing Act of 2021
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 Subcommittee on Antitrust, Commercial, and Administrative Law.
Committees of jurisdiction
2