Bill117th CongressFiled Oct 12, 2021Finance and Financial Sector
H.R. 5554
No Bonuses in Bankruptcy Act of 2021
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Oct 12, 2021)
No Bonuses in Bankruptcy Act of 2021
This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals including insiders (such as relatives) and highly compensated employees.
What just happenedNov 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Who’s behind it
Rep. Bustos, Cheri [D-IL-17](D-IL)Sponsor
16 cosponsors15 D1 R
16cosponsors1committees4actions1related bills
- Introduced in HouseOct 12, 2021
- Nov 1, 2022Committee
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Administrative State, Regulatory Reform, and Antitrust Subcommittee - Oct 12, 2021IntroReferralH11100
Referred to the House Committee on the Judiciary.
Judiciary Committee - Oct 12, 2021IntroReferralIntro-H
Introduced in House
- Oct 12, 2021IntroReferral1000
Introduced in House