S.360: Cap Executive Officer Pay Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Jan. 30, 2009
  • Latest Major Action Jan. 30, 2009

Bill Summary

Cap Executive Officer Pay Act of 2009 - 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.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan. 30, 2009

Introduced in the Senate by Claire McCaskill (D-Mo.)

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