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H.R. 1557: No Bonuses in Bankruptcy Act of 2019


We don’t have a summary available yet.

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Mar 6, 2019.


No Bonuses in Bankruptcy Act of 2019

This bill prohibits debtors in bankruptcy proceedings from paying bonuses to certain individuals, including insiders (such as relatives) and highly compensated employees.