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No Bonuses in Bankruptcy Act of 2021

USA117th CongressHR-5554| House 
| Updated: 11/1/2022
Cheri Bustos

Cheri Bustos

Democratic Representative

Illinois

Cosponsors (16)
Sylvia R. Garcia (Democratic)Tim Burchett (Republican)Raúl M. Grijalva (Democratic)Michael F. Doyle (Democratic)Steve Cohen (Democratic)Ted Lieu (Democratic)Ann M. Kuster (Democratic)Henry C. "Hank" Johnson (Democratic)Jahana Hayes (Democratic)Theodore E. Deutch (Democratic)Pramila Jayapal (Democratic)Mary Gay Scanlon (Democratic)Jamie Raskin (Democratic)Joe Neguse (Democratic)Cynthia Axne (Democratic)Katie Porter (Democratic)

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

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

HR 116-1557
No Bonuses in Bankruptcy Act of 2019
Oct 12, 2021
Introduced in House
Oct 12, 2021
Referred to the House Committee on the Judiciary.
Nov 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

  • Bill from Previous Congress

    HR 116-1557
    No Bonuses in Bankruptcy Act of 2019
  • October 12, 2021
    Introduced in House
  • October 12, 2021
    Referred to the House Committee on the Judiciary.
  • November 1, 2022
    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Finance and Financial Sector

Related Bills

  • HR 117-428: No Bonuses Ahead of Bankruptcy Filing Act of 2021

No Bonuses in Bankruptcy Act of 2021

USA117th CongressHR-5554| House 
| Updated: 11/1/2022
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.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 116-1557
No Bonuses in Bankruptcy Act of 2019
Oct 12, 2021
Introduced in House
Oct 12, 2021
Referred to the House Committee on the Judiciary.
Nov 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

  • Bill from Previous Congress

    HR 116-1557
    No Bonuses in Bankruptcy Act of 2019
  • October 12, 2021
    Introduced in House
  • October 12, 2021
    Referred to the House Committee on the Judiciary.
  • November 1, 2022
    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Cheri Bustos

Cheri Bustos

Democratic Representative

Illinois

Cosponsors (16)
Sylvia R. Garcia (Democratic)Tim Burchett (Republican)Raúl M. Grijalva (Democratic)Michael F. Doyle (Democratic)Steve Cohen (Democratic)Ted Lieu (Democratic)Ann M. Kuster (Democratic)Henry C. "Hank" Johnson (Democratic)Jahana Hayes (Democratic)Theodore E. Deutch (Democratic)Pramila Jayapal (Democratic)Mary Gay Scanlon (Democratic)Jamie Raskin (Democratic)Joe Neguse (Democratic)Cynthia Axne (Democratic)Katie Porter (Democratic)

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

Finance and Financial Sector

Related Bills

  • HR 117-428: No Bonuses Ahead of Bankruptcy Filing Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted