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H.R. 5258

No Bonuses During Blackouts Act of 2019

No Bonuses During Blackouts Act of 2019

This bill imposes the alternative minimum tax on state regulated electric utilities that are in bankruptcy reorganization and that make incentive-based payments, other than salary, to any of their 13 highest compensated employees, or 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).

Referred to the House Committee on Ways and Means.

Rep. Harder, Josh [D-CA-10](D-CA)Sponsor
3 cosponsors3 D
3cosponsors1committees3actions9subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

No Bonuses During Blackouts Act of 2019 — Informed