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H.R. 4200: FAIR Fund Act of 2023

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To defer part of the compensation of senior employees of large financial institutions (and their subsidiaries), to use such deferred amounts to pay any civil or criminal fines that may be levied on the institution (or subsidiary), and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Rashida Tlaib

Sponsor. Representative for Michigan's 12th congressional district. Democrat.

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Last Updated: Jun 16, 2023
Length: 10 pages
Jun 16, 2023
118th Congress (2023–2025)

Introduced on Jun 16, 2023

This bill is in the first stage of the legislative process. It was introduced into Congress on June 16, 2023. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.

Other activity may have occurred on another bill with identical or similar provisions.

2% chance of being enacted (details)

Position statements

What legislators are saying

Sherman-FSC Dems Release Wave of Bank Reform Bills
    — Rep. Brad Sherman [D-CA32] on Jun 21, 2023

More statements at ProPublica Represent...


Jun 16, 2023

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

If this bill has further action, the following steps may occur next:
Passed Committee

Passed House

Passed Senate

Signed by the President

H.R. 4200 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number H.R. 4200. This is the one from the 118th Congress.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 4200 — 118th Congress: FAIR Fund Act of 2023.” 2023. September 24, 2023 <>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from, the official portal of the United States Congress. is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.