Administrative State, Regulatory Reform, and Antitrust Subcommittee, Judiciary Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
No Bonuses Ahead of Bankruptcy Filing Act of 2021 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.
BankruptcyCorporate finance and managementWages and earnings
No Bonuses Ahead of Bankruptcy Filing Act of 2021
USA117th CongressHR-428| House
| Updated: 3/5/2021
No Bonuses Ahead of Bankruptcy Filing Act of 2021 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.