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HR 4200 118th Congress House Finance and Financial Sector

FAIR Fund Act of 2023

Introduced: June 16, 2023 Introduced by: Tlaib, Rashida Democratic · Michigan See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 16, 2023
Referred to the House Committee on Financial Services.
Jun 16, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Fostering Accountability In Remuneration Fund Act of 2023 or the FAIR Fund Act of 2023

This bill requires large financial institutions to defer part of senior employees' compensation and deposit the deferred compensation in a fund established by the institution. This fund must be used to pay civil or criminal fines levied against the institution or, if the institution is a bank or credit union, to make depositors whole in the event of a failure. If sufficient funds exist at the end of a specified period of time, senior employees must receive their deferred compensation.

What's happening now June 16, 2023

Referred to the House Committee on Financial Services.

 Related & companion bills 1
  • HR 4084 Related bill FAIR Fund Act of 2023
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4200: FAIR Fund Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4200/
MLA
"H.R. 4200: FAIR Fund Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4200/.
Bluebook (legal)
H.R. 4200, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4200/.
Markdown link
[H.R. 4200: FAIR Fund Act of 2023](https://openamerica.io/bill/118-HR-4200/)
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