H.R. 428 · 117th Congress · House

No Bonuses Ahead of Bankruptcy Filing Act of 2021

Active· Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Introduced
Jan 21, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

4
  1. MAR 05, 2021•Committee

    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

  2. JAN 21, 2021•IntroReferral

    Introduced in House

  3. JAN 21, 2021•IntroReferral

    Introduced in House

  4. JAN 21, 2021•IntroReferral

    Referred to the House Committee on the Judiciary.

Committees

2

Administrative State, Regulatory Reform, and Antitrust Subcommittee

hsju05

Referred: Mar 5, 2021

Active

Judiciary Committee

hsju00

Referred: Jan 21, 2021

Active