H.R. 9155 · 117th Congress
No Bonuses for Executives Act of 2022
- Stage
- In committee
- Sponsor
- Josh Harder
- Introduced
- 2022-10-07
- Latest action
- 2022-10-07 · Introduced in House
Summary
No Bonuses for Executives Act of 2022
This bill imposes the alternative minimum tax on state regulated electric utilities that are in bankruptcy proceedings and that make incentive-based payments, other than salary, to any of their 13 highest compensated employees, and that own or lease infrastructure other than climate-resilient infrastructure (i.e., infrastructure capable of reducing the impact of major weather events and natural disasters).