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- H.R.5048
H.R.5048: Corporate Executive Responsibility Act of 2002
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about finance and financial sector
- Introduced June 27, 2002
- Latest Major Action Sept. 4, 2002
Bill Sponsor
Bill Cosponsors
28 (28 Democrats, 1 Independent Democrat)
Bill Summary
Corporate Executive Responsibility Act of 2002 - Mandates that every national securities exchange and national securities association adopt rules requiring qualitative listing standards for corporate governance of the exchange or association that prohibit loans or other extensions of credit to any corporate insider exceeding $50,000 in the aggregate.Requires the Securities and Exchange Commission to initiate proceedings to add such rules to...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
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Sponsor introductory remarks on measure.
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June 27, 2002 |
Introduced in the House by George Miller (D-Calif.) |