United States · Bill · HR
H.R. 4084 (118th)
FAIR Fund Act of 2023
Introduced
13 June 2023
Last action
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Status
Referred to the House Committee on Financial Services.
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
Summary
Fostering Accountability In Remuneration Fund Act of 2023 or the FAIR Fund Act of 2023 This bill requires large financial institutions to defer part of senior employees' compensation and deposit the deferred compensation in a fund established by the institution. This fund must be used to pay civil or criminal fines levied against the institution or, if the institution is a bank or credit union, to make depositors whole in the event of a failure. If sufficient funds exist at the end of a specified period of time, senior employees must receive their deferred compensation.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 13 June 2023
Introduced in House (PDF)
Introduced in House · EN · 13 June 2023
Introduced in House
summary · EN · 13 June 2023
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/house-bill/4084
- Open data entity: https://api.congress.gov/v3/bill/118/hr/4084