HR 9155
117th Congress
House
Taxation
No Bonuses for Executives Act of 2022
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 7, 2022
Referred to the House Committee on Ways and Means.
Oct 7, 2022
Introduced in House
Plain-English summary
No Bonuses for Executives Act of 2022
This bill imposes the alternative minimum tax on state regulated electric utilities that are in bankruptcy proceedings and that make incentive-based payments, other than salary, to any of their 13 highest compensated employees, and that own or lease infrastructure other than climate-resilient infrastructure (i.e., infrastructure capable of reducing the impact of major weather events and natural disasters).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1