2021-2022 Regular Session • US Congress Legislature
HB5554: No Bonuses in Bankruptcy Act of 2021
Legislative Summary
To amend title 11 of the United States Code to prohibit the payment of bonuses to highly compensated individuals employed by the debtor and insiders of the debtor to perform services during the bankruptcy case, and for other purposes.
Demographic Impact
Overall analysis of equity impact
Neutral
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Bill History
10/12/2021
Introduced in House
House of Representatives
10/12/2021
Referred to the House Committee on the Judiciary.
House of Representatives
11/1/2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
House of Representatives
Status Information
Current Status
Introduced(10/12/2021)
Chamber
House of Representatives
Committee
Subcommittee on Antitrust, Commercial, and Administrative Law(House of Representatives)
Sponsors
Democrat: 16
Republican: 1
Primary Sponsor
Cheri Bustos
Democrat
Co-Sponsors (16)
Tim Burchett
Republican
Cindy Axne
Democrat
Mary Gay Scanlon
Democrat
Jahana Hayes
Democrat
Raul Grijalva
Democrat
Michael Doyle
Democrat
Sylvia Garcia
Democrat
Henry Johnson
Democrat
Theodore Deutch
Democrat
Jamie Raskin
Democrat
Steve Cohen
Democrat
Joseph Neguse
Democrat
Ted Lieu
Democrat
Ann Kuster
Democrat
Pramila Jayapal
Democrat
Katie Porter
Democrat