H.R.1664 - Grayson-Himes Pay For Performance Act of 2009

To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards. view all titles (2)

All Bill Titles

  • Official: To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards. as introduced.
  • Popular: Grayson-Himes Pay For Performance Act of 2009 as introduced.

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Latest Amendment Status Purpose View All Amendments [7]
 
H.Amdt 69 Pass An amendment numbered 7 printed in House Report 111-71 to clarify the definition of executive compensation to include payments made before, during and after employment, and would make explicit that the definition of compensation considered under the standards to be prepared by the Secretary to include payment of money, transfers of property or provision of services.
H.Amdt 68 Fail An amendment numbered 6 printed in House Report 111-71 to amend the Emergency Economic Stabilization Act of 2008 to make the shareholder vote on executive compensation packages binding upon the board of directors.
H.Amdt 67 Pass An amendment numbered 5 printed in House Report 111-71 to clarify that an institution that is not a TARP recipient will not be subject to the requirements of the bill as a result of doing business with a TARP recipient.
Latest Actions View All Actions [31]
 
Apr 23, 2009Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 50.
Apr 22, 2009Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Apr 02, 2009Received in the Senate.

Latest Vote

Result: Passed - April 01, 2009

Roll call number 182 in the House

Question: On Passage: H R 1664 To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards

 

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7 in favor / 69 opposed
 

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