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United States · Resolution · HCONRES

H.Con.Res. 76 (111th)

Expressing the sense of the Congress regarding executive and employee bonuses paid by AIG and other companies assisted with taxpayer funds provided under the Troubled Assets Relief Program of the Secretary of the Treasury.

failedUnited States· United States Congress· EN

Introduced

19 March 2009

Last action

19 March 2009 · Introduced

Status

On motion to suspend the rules and agree to the resolution Failed by the Yeas and Nays: (2/3 required): 255 - 160 (Roll no. 144).

Sponsors

Rep. Kilroy, Mary Jo [D-OH-15], Sen. Van Hollen, Chris [D-MD], Rep. Hall, John J. [D-NY-19], Rep. Dahlkemper, Kathleen A. [D-PA-3], Sen. Heinrich, Martin [D-NM], Rep. Loebsack, David [D-IA-2], Rep. Boccieri, John A. [D-OH-16], Rep. Carson, André [D-IN-7], Rep. Castor, Kathy [D-FL-14], Rep. Cohen, Steve [D-TN-9], Rep. Connolly, Gerald E. [D-VA-11], Rep. Fudge, Marcia L. [D-OH-11], Rep. Griffith, Parker [D-AL-5], Rep. Massa, Eric J. J. [D-NY-29], Rep. McNerney, Jerry [D-CA-9], Rep. Nye, Glenn C. [D-VA-2], Rep. Perriello, Thomas S.P. [D-VA-5], Rep. Rodriguez, Ciro D. [D-TX-28], Rep. Schauer, Mark H. [D-MI-7], Rep. Sutton, Betty [D-OH-13], Rep. Titus, Dina [D-NV-1], Sen. Welch, Peter [D-VT], Rep. Wilson, Charles A. [D-OH-6], Rep. Halvorson, Deborah L. [D-IL-11], Rep. Moore, Dennis [D-KS-3]

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Expresses the sense of Congress that the President is appropriately exercising authorities under the Emergency Economic Stabilization Act of 2008 and other federal laws by taking all necessary actions to ensure that: (1) American International Group, Inc. (AIG) will repay taxpayers for retention bonuses paid to its executives and employees; (2) companies that receive a capital infusion under the Emergency Economic Stabilization Act of 2008 are prohibited from paying unreasonable and excessive bonuses to their executives and employees; and (3) such companies comply with provisions of the American Recovery and Reinvestment Act restricting executive compensation.

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

Timeline

  1. 19 March 2009

    Vote

    On motion to suspend the rules and agree to the resolution Failed by the Yeas and Nays: (2/3 required): 255 - 160 (Roll no. 144).

    Source: Floor

  2. 19 March 2009

    Vote

    Failed of passage/not agreed to in House: On motion to suspend the rules and agree to the resolution Failed by the Yeas and Nays: (2/3 required): 255 - 160 (Roll no. 144).

    Source: Floor

  3. 19 March 2009

    Floor

    Considered under suspension of the rules. (consideration: CR H3665-3673; text of measure as introduced: CR H3665)

    Source: Floor

  4. 19 March 2009

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

  5. 19 March 2009

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H. Con. Res. 76.

    Source: Floor

  6. 19 March 2009

    Floor

    Mr. Frank (MA) moved to suspend the rules and agree to the resolution.

    Source: Floor

  7. 19 March 2009

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  8. 19 March 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  9. 19 March 2009

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Committee Discharged House (text)

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  • Committee Discharged House (text)

    Committee Discharged House · EN · 19 March 2009

    ViewDownloadOpen at official source

  • Committee Discharged House (PDF)

    Committee Discharged House · EN · 19 March 2009

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 19 March 2009

    Open at official source

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Sponsors

Related records

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Sources

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