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United States · Bill · HR

H.R. 1603 (111th)

TARP Wage Accountability Act

referredUnited States· United States Congress· EN

Introduced

18 March 2009

Last action

18 March 2009 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Rep. Wilson, Charles A. [D-OH-6], TIM RYAN, David Scott, Rep. Driehaus, Steve [D-OH-1], Rep. Boccieri, John A. [D-OH-16], Rep. Space, Zachary T. [D-OH-18], Rep. Ross, Mike [D-AR-4], Rep. Arcuri, Michael A. [D-NY-24], Gerald Connolly, Rep. Sutton, Betty [D-OH-13], Marcy Kaptur, Albio Sires, Rep. Moran, James P. [D-VA-8], Rep. Massa, Eric J. J. [D-NY-29], John Larson

Subjects

Taxation

Source updated

14 August 2025

Taxation

Summary

TARP Wage Accountability Act - Amends the Emergency Economic Stabilization Act of 2008 to prohibit financial institutions that have received more than $10 billion under the Troubled Asset Relief Program (TARP) from increasing the compensation of any of their officers, directors, or employees for a fiscal year by a percentage greater than the federal civil service pay increase for such fiscal year.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 18 March 2009

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 18 March 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 18 March 2009

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

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Sources

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