H.R.857: Limit Executive Compensation Abuse Act

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Feb. 4, 2009
  • Latest Major Action Feb. 4, 2009

Bill Summary

Limit Executive Compensation Abuse Act - Limits the annual compensation of any employee of a financial institution or other entity that receives funds under the Troubled Asset Relief Program (TARP) established under the Emergency Economic Stabilization Act of 2008 to the amount of compensation paid to the President of the United States.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Financial Services.
Feb. 4, 2009

Introduced in the House by Dennis Moore (D-Kan.)

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