HR 5554
117th Congress
House
Finance and Financial Sector
No Bonuses in Bankruptcy Act of 2021
Introduced: October 12, 2021
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Oct 12, 2021
Referred to the House Committee on the Judiciary.
Oct 12, 2021
Introduced in House
Plain-English summary
No Bonuses in Bankruptcy Act of 2021
This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals 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