Ask AI
H.R. 7279

No Bonuses Ahead of Bankruptcy Filing Act of 2020

No Bonuses Ahead of Bankruptcy Filing Act of 2020

This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals for two years, including insiders (such as relatives) and highly compensated employees.

Referred to the House Committee on the Judiciary.

Rep. Steube, W. Gregory [R-FL-17](R-FL)Sponsor
1committees3actions1related bills3subjects
  1. IntroReferralH11100

    Referred to the House Committee on the Judiciary.

    Judiciary Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

No Bonuses Ahead of Bankruptcy Filing Act of 2020 — Informed