3.0.0 5860 2019-11-15T21:00:59Z 2019-11-15T21:00:59Z House H HR 2012-05-30 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. FRANK of Massachusetts:H.R. 5860.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 (the Commerce Clause).[Page H3266]]]> hsba00 Financial Services Committee House Standing hsba15 Consumer Protection and Financial Institutions Subcommittee Referred to 2012-07-11T15:11:36Z hsba16 Capital Markets Subcommittee Referred to 2012-07-11T15:11:25Z Referred to 2012-05-30T18:01:24Z hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Referred to 2012-06-27T14:32:30Z Referred to 2012-05-30T18:01:29Z 2012-07-11 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Referred to the Subcommittee on Financial Institutions and Consumer Credit. Committee 2012-07-11 hsba16 Capital Markets Subcommittee 1 House committee actions Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. Committee 2012-06-27 hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee 1 House committee actions Referred to the Subcommittee on General Farm Commodities and Risk Management. Committee 2012-05-30 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2012-05-30 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2012-05-30 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-05-30 Introduced in House IntroReferral 1000 9 Library of Congress F000339 Rep. Frank, Barney [D-MA-4] BARNEY FRANK D MA 4 N W000215 Rep. Waxman, Henry A. [D-CA-30] HENRY WAXMAN D CA A. 30 2012-05-30 True P000258 Rep. Peterson, Collin C. [D-MN-7] COLLIN PETERSON D MN C. 7 2012-05-30 True C000714 Rep. Conyers, John, Jr. [D-MI-14] JOHN CONYERS D MI 14 2012-06-18 False K000336 Rep. Kucinich, Dennis J. [D-OH-10] DENNIS KUCINICH D OH J. 10 2012-09-14 False Finance and Financial Sector Banking and financial institutions regulation Civil actions and liability Corporate finance and management Wages and earnings Finance and Financial Sector 00 2012-05-30 Introduced in House 2012-08-20T19:29:47Z Executive Compensation Clawback Full Enforcement Act - Prohibits personnel or affiliated parties of depository institutions, depository institution holding companies, or nonbank financial companies who are required by federal financial regulatory law that imposes personal liability from insuring or hedging against, or otherwise transferring the risks associated with, personal liability for amounts owed as repayment of previously earned compensation or civil penalties.

States that such persons are not precluded from being provided funds from: (1) specified entities to defend against previously earned compensation recovery or civil money penalty, or (2) certain insurance that protects against personal liability.

Applies this Act to the personnel or affiliated party of a foreign nonbank financial company only to the extent such party is based in the United States.

]]> Executive Compensation Clawback Full Enforcement Act Short Titles as Introduced Executive Compensation Clawback Full Enforcement Act Display Title Executive Compensation Clawback Full Enforcement Act Official Title as Introduced To prohibit individuals from insuring against possible losses from having to repay illegally-received compensation or from having to pay civil penalties, and for other purposes. Introduced in House 2012-05-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr5860ih/xml/BILLS-112hr5860ih.xml 2012-07-11 Referred to the Subcommittee on Financial Institutions and Consumer Credit. 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.