All Golden parachutes Legislation - Federal Government
H.R.7321 - To authorize financial assistance to eligible automobile manufacturers, and for other purposes.
Latest Action: 12/11/2008 - Received in the Senate. Bill Text To authorize financial assistance to eligible automobile manufacturers, and for other purposes. 12/10/2008--Passed House amended. (There is 1 other summary) Auto Industry Financing and Restructuring Act - (Sec. 3) Directs the President to designate one or more executive branch officers (designee) to carry out the purposes of this Act. Requires such designee to have appropriate expertise to facilitate the restructuring necessary to achieve the long-term financial viability of domestic automobile manufacturers. (Sec. 4) Requires the designee to authorize and direct the disbursement of bridge loans or to enter into commitments for lines of credit to each automobile manufacturer that submitted to Congress a plan on December 2, 2008, and request for such loan or commitment ("automaker," for purposes of this Act). Establishes as the amount of such assistance the amount intended to facilitate continued operations of the automaker and prevent [...] show full description Comment on Bill S.3689 - A bill making supplemental appropriations for job creation and preservation, infrastructure investment, and economic and energy assistance for the fiscal year ending September 30, 2009, and for other purposes.
Latest Action: 11/19/2008 - Sponsor introductory remarks on measure. (CR S10607) Bill Text A bill making supplemental appropriations for job creation and preservation, infrastructure investment, and economic and energy assistance for the fiscal year ending September 30, 2009, and for other purposes. 11/17/2008--Introduced. Economic Recovery Act of 2008 - Makes supplemental appropriations for FY2009 for infrastructure, energy, and economic recovery for: (1) the Department of Agriculture; (2) the Department of Commerce; (3) the Department of Justice (DOJ); (4) the National Aeronautics and Space Administration (NASA); (5) the Legal Services Corporation; (6) the Department of Defense (DOD) - Civil for the Department of the Army Corps of Engineer; (7) the Department of Energy (DOE); (8) the Department of the Treasury, including the Office of Inspector General; (9) the Commodity Futures Trading Commission (CFTC); (10) the General Services Administration (GSA); (11) the Small Business Administration (SBA); (12) the Department of Homeland Security (DHS); (13) the Department [...] show full description S.3688 - A bill to provide for additional emergency unemployment compensation, to amend the Emergency Economic Stabilization Act of 2008 to authorize loans to automobile manufacturers and component suppliers, and for other purposes.
Latest Action: 11/18/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 1121 under authority of the order of the Senate of 11/17/2008. Bill Text A bill to provide for additional emergency unemployment compensation, to amend the Emergency Economic Stabilization Act of 2008 to authorize loans to automobile manufacturers and component suppliers, and for other purposes. 11/17/2008--Introduced. Unemployment Compensation Extension Act of 2008 - Amends the Supplemental Appropriations Act, 2008 to revise the formula for Tier-1 amounts a state credits to an applicant's emergency unemployment compensation account (EUCA) for a benefit year. Increases the figures in the formula (the lesser of which shall be the amount credited) from: (1) 50% to 80% of the total amount of regular compensation (including dependents' allowances) payable to the individual during the benefit year; and (2) 13 to 20 times the individual's average weekly benefit amount for the benefit year. Provides an additional Tier-2 period for deposits to an individual's EUCA, using the current formula, if, at the time that the amount established under this [...] show full description S.RES.658 - A resolution expressing the sense of the Senate that the former chief executive officers of Fannie Mae should not receive lavish severance packages at taxpayer expense.
Latest Action: 09/12/2008 - Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8498) Bill Text A resolution expressing the sense of the Senate that the former chief executive officers of Fannie Mae should not receive lavish severance packages at taxpayer expense. 9/12/2008--Introduced.
Expresses the sense of the Senate that former chief executive officers who presided over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) during the period that led to a federal takeover should not receive lavish severance packages at taxpayer expense and that such packages should be carefully examined and eliminated or reduced to an appropriate level. H.R.6864 - To prohibit golden parachute payments for former executives and directors of Fannie Mae and Freddie Mac.
Latest Action: 09/10/2008 - Referred to the House Committee on Financial Services. Bill Text To prohibit golden parachute payments for former executives and directors of Fannie Mae and Freddie Mac. 9/10/2008--Introduced.
Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to require the Director of the Federal Housing Finance Agency to prohibit any golden parachute payment on or after enactment of this Act with respect to any executive officer or member of the board of directors of: (1) the Federal National Mortgage Association (Fannie Mae) and any affiliate; (2) Federal Home Loan Mortgage Corporation (Freddie Mac) and any affiliate; and (3) any Federal Home Loan Bank. S.3458 - A bill to prohibit golden parachute payments for former executives and directors of Fannie Mae and Freddie Mac.
Latest Action: 09/09/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text A bill to prohibit golden parachute payments for former executives and directors of Fannie Mae and Freddie Mac. 9/9/2008--Introduced.
Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to require the Director of the Federal Housing Finance Agency to prohibit any golden parachute payment on or after enactment of this Act with respect to any executive officer or director of: (1) the Federal National Mortgage Association (Fannie Mae) and any affiliate; (2) Federal Home Loan Mortgage Corporation (Freddie Mac) and any affiliate; and (3) any Federal Home Loan Bank. S.2866 - A bill to require greater disclosure of senior corporate officer compensation, to empower shareholders and investors to protect themselves from fraud, to limit conflicts of interest in determining senior corporate officer compensation, to ensure integrity in Federal contracting, to close corporate tax loopholes utilized to subsidize senior corporate officer compensation, and for other purposes.
Latest Action: 04/15/2008 - Read twice and referred to the Committee on Finance. Bill Text A bill to require greater disclosure of senior corporate officer compensation, to empower shareholders and investors to protect themselves from fraud, to limit conflicts of interest in determining senior corporate officer compensation, to ensure integrity in Federal contracting, to close corporate tax loopholes utilized to subsidize senior corporate officer compensation, and for other purposes. 4/15/2008--Introduced. Corporate Executive Compensation Accountability and Transparency Act - Amends the Internal Revenue Code to the limit annual aggregate amounts which may be deferred under nonqualified deferred compensation arrangements. Amends the Sarbanes-Oxley Act of 2002 to extend from 12 to 36 months the look-back period for any bonuses, incentive-based or equity-based compensation, or profits realized from the sale of securities which must be reimbursed to a securities issuer by its chief executive officer and chief financial officer if the issuer is required to prepare [...] show full description S.1181 - A bill to amend the Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation.
Latest Action: 04/20/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text A bill to amend the Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation. 4/20/2007--Introduced. Shareholder Vote on Executive Compensation Act - Amends the Securities Exchange Act of 1934 to require a proxy, consent, or authorization for a shareholder meeting occurring on or after January 1, 2009, to permit a separate shareholder vote to approve executive compensation. States that such shareholder vote shall not be binding on the board of directors, nor construed: (1) as overruling a board decision; (2) to create or imply additional fiduciary duty by such board; and (3) to restrict or limit shareholder ability to make proposals for inclusion in proxy materials related to executive compensation. Requires proxy solicitation material for a shareholder meeting occurring on or after January 1, 2009, concerning disposition of substantially all of an issuer's assets, to disclose compensation agreements or understandings [...] show full description H.R.1424 - A bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes.
Latest Action: 10/03/2008 - Pursuant to the provisions of H. Res. 1525, the House moved to agree to the Senate amendments. (consideration: CR H10712-10806) Bill Text A bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes. 10/3/2008--Public Law. (There are 6 other summaries) (This measure has not been amended since it was passed by the Senate on October 1, 2008. The summary of that version is repeated here.)Division A: Emergency Economic Stabilization - Emergency Economic Stabilization Act of 2008 - Title I: Troubled Assets Relief Program - (Sec. 101) Authorizes the Secretary of the Treasury (Secretary) to establish the Troubled Asset Relief Program (TARP) to purchase troubled assets from any financial [...] show full description H.R.1257 - To amend the Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation.
Latest Action: 04/23/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text To amend the Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation. 4/20/2007--Passed House amended. (There are 2 other summaries) Shareholder Vote on Executive Compensation Act - Amends the Securities Exchange Act of 1934 to require a proxy, consent, or authorization for a shareholder meeting occurring on or after January 1, 2009, to permit a separate shareholder vote to approve executive compensation. States that such shareholder vote shall not be binding on the corporation or board of directors, nor construed: (1) as overruling a board decision; (2) to create or imply additional fiduciary duty by such board; (3) to restrict or limit shareholder ability to make proposals for inclusion in proxy materials related to executive compensation. Requires proxy solicitation material for a shareholder meeting occurring on or after January 1, 2009, concerning disposition of substantially all of [...] show full description |
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