H.R.5554: No Bonuses in Bankruptcy Act of 2021

About This Bill

Bill Version

Bill Summary

No Bonuses in Bankruptcy Act of 2021 This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals including insiders (such as relatives) and highly compensated employees.

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Oct. 12, 2021
Referred to the House Committee on the Judiciary.
Oct. 12, 2021

Introduced in the House by Cheri Bustos (D-Ill.)

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