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- H.CON.RES.76
H.CON.RES.76: Expressing the sense of the Congress regarding executive and employee bonuses paid by AIG and other companies assisted with taxpayer funds provided under the Troubled Assets Relief Program of the Secretary of the Treasury.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced March 19, 2009
- Latest Major Action March 19, 2009
Bill Sponsor
Bill Cosponsors
25 (25 Democrats, 1 Republican)
Bill Summary
Expresses the sense of Congress that the President is appropriately exercising authorities under the Emergency Economic Stabilization Act of 2008 and other federal laws by taking all necessary actions to ensure that: (1) American International Group, Inc. (AIG) will repay taxpayers for retention bonuses paid to its executives and employees; (2) companies that receive a capital infusion under the Emergency Economic Stabilization Act of 2008 are...
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Financial Services.
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Mr. Frank (MA) moved to suspend the rules and agree to the resolution.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H. Con. Res. 76.
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At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
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Considered as unfinished business.
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On motion to suspend the rules and agree to the resolution Failed by the Yeas and Nays: (2/3 required): 255 - 160 (Roll no. 144).
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| March 19, 2009 |
Introduced in the House by Mary Jo Kilroy (D-Ohio) |