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- H.R.3669
H.R.3669: Employer-Owned Life Insurance Limitation Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about labor and employment
- Introduced Sept. 29, 2009
- Latest Major Action Nov. 16, 2009
Bill Sponsor
Bill Cosponsors
6 (All Democrats)
Bill Summary
Employer-Owned Life Insurance Limitation Act - Makes it unlawful for any employer to carry an employer-owned life insurance policy on any employee whose salary is less than $1 million per year. Makes it also unlawful for any employer to carry an employer-owned life insurance policy not prohibited by this Act for an employee (earning $1 million or more per year) more than 30 days after that employee terminates employment with the employer....
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Education and Labor.
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Sponsor introductory remarks on measure.
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Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
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| Sept. 29, 2009 |
Introduced in the House by Luis V. Gutiérrez (D-Ill.) |