H.R. 7279 · 116th Congress
No Bonuses Ahead of Bankruptcy Filing Act of 2020
- Stage
- In committee
- Sponsor
- W. Steube
- Introduced
- 2020-06-18
- Latest action
- 2020-06-18 · Introduced in House
Summary
No Bonuses Ahead of Bankruptcy Filing Act of 2020
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.