H.R. 428 · 117th Congress
No Bonuses Ahead of Bankruptcy Filing Act of 2021
- Stage
- In committee
- Sponsor
- W. Steube
- Introduced
- 2021-01-21
- Latest action
- 2021-03-05 · Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Summary
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.