To require TARP payments to be conditioned on the top 10 highest wage earners at a company having repaid any bonuses received during the previous 5 fiscal years.
Assisted Institution Bonus Repayment Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 to require a financial institution, as a condition of receiving assistance under such Act, to certify to the Secretary of the Treasury that the 10 most highly paid executives or employees of such institution have repaid any bonuses received during the previous five fiscal years.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line