Legis Daily

No Bonuses in Bankruptcy Act of 2019

USA116th CongressHR-1557| House 
| Updated: 4/8/2019
Cheri Bustos

Cheri Bustos

Democratic Representative

Illinois

Cosponsors (14)
Tim Burchett (Republican)Raúl M. Grijalva (Democratic)David N. Cicilline (Democratic)Max Rose (Democratic)Joe Courtney (Democratic)Rosa L. DeLauro (Democratic)John B. Larson (Democratic)Jahana Hayes (Democratic)Lucy McBath (Democratic)Mary Gay Scanlon (Democratic)Abby Finkenauer (Democratic)Jamie Raskin (Democratic)Cynthia Axne (Democratic)Elissa Slotkin (Democratic)

Administrative State, Regulatory Reform, and Antitrust Subcommittee, Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
No Bonuses in Bankruptcy Act of 2019 This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals, including insiders (such as relatives) and highly compensated employees.
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Timeline
Mar 6, 2019
Introduced in House
Mar 6, 2019
Referred to the House Committee on the Judiciary.
Apr 8, 2019
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
  • March 6, 2019
    Introduced in House
  • March 6, 2019
    Referred to the House Committee on the Judiciary.
  • April 8, 2019
    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Finance and Financial Sector

Related Bills

  • HR 116-7279: No Bonuses Ahead of Bankruptcy Filing Act of 2020
BankruptcyCorporate finance and managementWages and earnings

No Bonuses in Bankruptcy Act of 2019

USA116th CongressHR-1557| House 
| Updated: 4/8/2019
No Bonuses in Bankruptcy Act of 2019 This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals, including insiders (such as relatives) and highly compensated employees.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 6, 2019
Introduced in House
Mar 6, 2019
Referred to the House Committee on the Judiciary.
Apr 8, 2019
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
  • March 6, 2019
    Introduced in House
  • March 6, 2019
    Referred to the House Committee on the Judiciary.
  • April 8, 2019
    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Cheri Bustos

Cheri Bustos

Democratic Representative

Illinois

Cosponsors (14)
Tim Burchett (Republican)Raúl M. Grijalva (Democratic)David N. Cicilline (Democratic)Max Rose (Democratic)Joe Courtney (Democratic)Rosa L. DeLauro (Democratic)John B. Larson (Democratic)Jahana Hayes (Democratic)Lucy McBath (Democratic)Mary Gay Scanlon (Democratic)Abby Finkenauer (Democratic)Jamie Raskin (Democratic)Cynthia Axne (Democratic)Elissa Slotkin (Democratic)

Administrative State, Regulatory Reform, and Antitrust Subcommittee, Judiciary Committee

Finance and Financial Sector

Related Bills

  • HR 116-7279: No Bonuses Ahead of Bankruptcy Filing Act of 2020
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
BankruptcyCorporate finance and managementWages and earnings