H.R. 5554 · 117th Congress · House

No Bonuses in Bankruptcy Act of 2021

Active· Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Introduced
Oct 12, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

No Bonuses in Bankruptcy Act of 2021

This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals including insiders (such as relatives) and highly compensated employees.