Amendment104th Congress
Amendment prohibits any funds in the bill from being obligated or expended to pay a contractor for costs paid to an employee if such costs are for a bonus or in excess of the normal salary paid by the contractor to the employee or if such bonus is part of restructuring costs associated with a business combination.
- Amendment Number
- 759
- Description
- Amendment prohibits any funds in the bill from being obligated or expended to pay a contractor for costs paid to an employee if such costs are for a bonus or in excess of the normal salary paid by the contractor to the employee or if such bonus is part of restructuring costs associated with a business combination.
- Purpose
- An amendment preprinted in the Congressional Record of September 6 as amendment No. 82, to prohibit the use of any funds in the bill to pay for salary bonuses of corporate executives of defense contractors in conjunction with corporate mergers.
- Congress
- 104
- Type
- HAMDT
- Latest Action Date
- Sep 7, 1995
- Latest Action Text
- On agreeing to the Sanders amendment (A014) Agreed to by voice vote.
- Latest Action Time
- 15:13:22
- Submitted Date
- Sep 7, 1995
- Chamber
- House of Representatives
- Update Date
- Aug 15, 2021