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111th Congress > House > Vote 143
Clerk session vote number: 144
Sponsor: KILROY, Mary Jo (D-OH)
Description: 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.
Bill 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.
Bill titles: 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.
Links for more info on the vote: congress.gov
