To require the Secretary of the Treasury to pursue every legal means to stay or recoup certain incentive bonus payments and retention payments made by American International Group, Inc. to its executives and employees, and to require the Secretary's approval of such payments by any financial institution who receives.

3.0.0 1577 2023-01-11T13:15:57Z 2023-01-11T13:15:57Z House H HR 2009-03-18 111 hsba00 Financial Services Committee House Standing Referred to 2009-03-18T14:01:37Z 2009-03-18 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2009-03-18 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-03-18 Introduced in House IntroReferral 1000 9 Library of Congress P000594 Rep. Paulsen, Erik [R-MN-3] Erik Paulsen R MN 3 N L000567 Rep. Lance, Leonard [R-NJ-7] Leonard Lance R NJ 7 2009-03-18 True L000568 Rep. Lee, Christopher J. [R-NY-26] Christopher Lee R NY J. 26 2009-03-18 True R000582 Rep. Roe, David P. [R-TN-1] David Roe R TN P. 1 2009-03-18 True P000599 Rep. Posey, Bill [R-FL-15] Bill Posey R FL 15 2009-03-18 True G000558 Rep. Guthrie, Brett [R-KY-2] Brett Guthrie R KY 2 2009-03-18 True S001179 Rep. Schock, Aaron [R-IL-18] Aaron Schock R IL 18 2009-03-18 True M001177 Rep. McClintock, Tom [R-CA-4] Tom McClintock R CA 4 2009-03-18 True O000168 Rep. Olson, Pete [R-TX-22] Pete Olson R TX 22 2009-03-18 True J000290 Rep. Jenkins, Lynn [R-KS-2] Lynn Jenkins R KS 2 2009-03-18 True L000569 Rep. Luetkemeyer, Blaine [R-MO-9] Blaine Luetkemeyer R MO 9 2009-03-18 True R000583 Rep. Rooney, Thomas J. [R-FL-16] Thomas Rooney R FL J. 16 2009-03-18 True T000467 Rep. Thompson, Glenn [R-PA-5] Glenn Thompson R PA 5 2009-03-18 True C001079 Rep. Cao, Anh "Joseph" [R-LA-2] Anh Cao R LA "Joseph" 2 2009-03-18 True L000571 Rep. Lummis, Cynthia M. [R-WY-At Large] Cynthia Lummis R WY M. 0 2009-03-18 True C001076 Rep. Chaffetz, Jason [R-UT-3] Jason Chaffetz R UT 3 2009-03-18 True A000365 Rep. Austria, Steve [R-OH-7] Steve Austria R OH 7 2009-03-18 True H001045 Rep. Harper, Gregg [R-MS-3] Gregg Harper R MS 3 2009-03-18 True H001048 Rep. Hunter, Duncan D. [R-CA-52] Duncan Hunter R CA D. 52 2009-03-18 True C001077 Rep. Coffman, Mike [R-CO-6] Mike Coffman R CO 6 2009-03-18 True C001075 Rep. Cassidy, Bill [R-LA-6] Bill Cassidy R LA 6 2009-03-18 True F000456 Rep. Fleming, John [R-LA-4] John Fleming R LA 4 2009-03-18 True C001078 Rep. Connolly, Gerald E. [D-VA-11] Gerald Connolly D VA E. 11 2009-03-18 True B001260 Rep. Buchanan, Vern [R-FL-13] Vern Buchanan R FL 13 2009-03-19 False B001228 Rep. Bono Mack, Mary [R-CA-45] MARY BONO MACK R CA 45 2009-03-19 False R000572 Rep. Rogers, Mike J. [R-MI-8] Mike Rogers R MI 8 2009-03-19 False D000600 Rep. Diaz-Balart, Mario [R-FL-25] Mario Diaz-Balart R FL 25 2009-03-19 False S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2009-03-19 False M000508 Rep. McKeon, Howard P. "Buck" [R-CA-25] HOWARD MCKEON R CA P. 25 2009-03-19 False D000299 Rep. Diaz-Balart, Lincoln [R-FL-21] LINCOLN DIAZ-BALART R FL 21 2009-03-19 False P000587 Rep. Pence, Mike [R-IN-6] MIKE PENCE R IN 6 2009-03-19 False S000364 Rep. Shimkus, John [R-IL-19] JOHN SHIMKUS R IL M. 19 2009-03-19 False G000550 Rep. Gingrey, Phil [R-GA-11] Phil Gingrey R GA 11 2009-03-19 False F000453 Rep. Fallin, Mary [R-OK-5] Mary Fallin R OK 5 2009-03-19 False B001239 Rep. Barrett, J. Gresham [R-SC-3] J. Barrett R SC Gresham 3 2009-03-19 False C000556 Rep. Coble, Howard [R-NC-6] HOWARD COBLE R NC 6 2009-03-19 False M001157 Rep. McCaul, Michael T. [R-TX-10] Michael McCaul R TX T. 10 2009-03-19 False B001232 Rep. Biggert, Judy [R-IL-13] JUDY BIGGERT R IL 13 2009-03-19 False B001248 Rep. Burgess, Michael C. [R-TX-26] Michael Burgess R TX C. 26 2009-03-19 False K000369 Rep. Kissell, Larry [D-NC-8] Larry Kissell D NC 8 2009-03-19 False S001172 Rep. Smith, Adrian [R-NE-3] Adrian Smith R NE 3 2009-03-19 False P000586 Rep. Putnam, Adam H. [R-FL-12] ADAM PUTNAM R FL H. 12 2009-03-19 False G000546 Rep. Graves, Sam [R-MO-6] SAM GRAVES R MO 6 2009-03-19 False K000220 Rep. Kingston, Jack [R-GA-1] JACK KINGSTON R GA 1 2009-03-19 False M001175 Rep. Minnick, Walter [D-ID-1] Walter Minnick D ID 1 2009-03-19 False S001148 Rep. Simpson, Michael K. [R-ID-2] MICHAEL SIMPSON R ID K. 2 2009-03-24 False R000395 Rep. Rogers, Harold [R-KY-5] HAROLD ROGERS R KY 5 2009-03-24 False M001167 Rep. Mitchell, Harry E. [D-AZ-5] Harry Mitchell D AZ E. 5 2009-03-24 False W000119 Rep. Wamp, Zach [R-TN-3] ZACH WAMP R TN 3 2009-04-01 False N000183 Rep. Nye, Glenn C. [D-VA-2] Glenn Nye D VA C. 2 2009-06-02 False Finance and Financial Sector Administrative remedies Bank accounts, deposits, capital Banking and financial institutions regulation Contracts and agency Corporate finance and management Department of the Treasury Financial crises and stabilization Insurance industry and regulation Life, casualty, property insurance Wages and earnings Finance and Financial Sector

00 2009-03-18 Introduced in House 2009-06-12T19:29:36Z Directs the Secretary of the Treasury to: (1) pursue every legal means to stay or recoup incentive bonuses and retention payments paid by American International Group, Inc. (AIG) to its executives and employees after September 16, 2008; (2) prohibit payments or other federal assistance to AIG unless current AIG executives and employees return to the Treasury any incentive bonuses and retention payments paid to them after September 16, 2008; and (3) require any financial institution that has received any assistance under the Troubled Asset Relief Program (TARP) and that has not repaid such assistance in full within two weeks after the enactment of this Act to submit to the Secretary for approval plans for making any incentive bonuses or retention payments to its executives or employees and any contracts that require such payments.

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To require the Secretary of the Treasury to pursue every legal means to stay or recoup certain incentive bonus payments and retention payments made by American International Group, Inc. to its executives and employees, and to require the Secretary's approval of such payments by any financial institution who receives. Display Title To require the Secretary of the Treasury to pursue every legal means to stay or recoup certain incentive bonus payments and retention payments made by American International Group, Inc. to its executives and employees, and to require the Secretary's approval of such payments by any financial institution who receives. Official Title as Introduced To require the Secretary of the Treasury to pursue every legal means to stay or recoup certain incentive bonus payments and retention payments made by American International Group, Inc. to its executives and employees, and to require the Secretary's approval of such payments by any financial institution who receives. Introduced in House IH Introduced in House 2009-03-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr1577ih/xml/BILLS-111hr1577ih.xml 2009-03-18 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.