Stopping Bonuses for Unsafe and Unsound Banking Act

Summary

Stopping Bonuses for Unsafe and Unsound Banking Act This bill prohibits large banking institutions from paying discretionary bonuses to senior executive officers while under a supervisory notice issued by a banking regulator. The bill provides exceptions for the time period before a remediation plan is due and while a remediation plan is being implemented.

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

Timeline

1. 20 June 2023

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 20 June 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 June 2023

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 20 June 2023 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 June 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 June 2023

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 20 June 2023

  Open at official source

Sponsors

• Rep. Pettersen, Brittany [D-CO-7] · D · Sponsor
• · hsba00 · Standing

Related records

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