H.R. 1603 · 111th Congress
TARP Wage Accountability Act
- Stage
- In committee
- Sponsor
- Charles Wilson
- Introduced
- 2009-03-18
- Latest action
- 2009-03-18 · Introduced in House
Summary
TARP Wage Accountability Act - Amends the Emergency Economic Stabilization Act of 2008 to prohibit financial institutions that have received more than $10 billion under the Troubled Asset Relief Program (TARP) from increasing the compensation of any of their officers, directors, or employees for a fiscal year by a percentage greater than the federal civil service pay increase for such fiscal year.