Amendment sought to amend the Emergency Economic Stabilization Act of 2008 to provide that the shareholder vote on executive compensation packages would be binding upon the board of directors.

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Amendment Number
68
Description
Amendment sought to amend the Emergency Economic Stabilization Act of 2008 to provide that the shareholder vote on executive compensation packages would be binding upon the board of directors.
Purpose
An amendment numbered 6 printed in House Report 111-71 to amend the Emergency Economic Stabilization Act of 2008 to make the shareholder vote on executive compensation packages binding upon the board of directors.
Congress
111
Type
HAMDT
Latest Action Date
Apr 1, 2009
Latest Action Text
On agreeing to the DeFazio amendment (A006) Failed by voice vote.
Latest Action Time
17:09:57
Submitted Date
Apr 1, 2009
Chamber
House of Representatives
Update Date
Dec 5, 2020
Amendment 68 — Informed