3.0.0 4200 2025-12-05T09:20:27Z 2025-12-05T09:20:27Z House H HR 2023-06-16 118 https://www.congress.gov/bill/118th-congress/house-bill/4200 <pre>[Congressional Record Volume 169, Number 106 (Friday, June 16, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Ms. TLAIB:H.R. 4200.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 1 of the Constitution.The single subject of this legislation is:This bill defers part of the compensation of senioremployees of large financial institutions (and theirsubsidiaries), to use such deferred amounts to pay any civilor criminal fines that may be levied on the institution (orsubsidiary), and for other purposes.[Page H2965]</pre> hsba00 Financial Services Committee House Standing Referred To 2023-06-16T18:00:10Z 118 4084 HR 2023-06-13 Referred to the House Committee on Financial Services. Related bill CRS 2023-06-16 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2023-06-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-06-16 Introduced in House IntroReferral 1000 9 Library of Congress T000481 Rep. Tlaib, Rashida [D-MI-12] Rashida Tlaib D MI 12 N Finance and Financial Sector Finance and Financial Sector 2023-07-14T17:45:17Z

00 2023-06-16 Introduced in House 2024-03-29T18:29:54Z <p><b>Fostering Accountability In Remuneration Fund Act of 2023 or the FAIR Fund Act of 2023 </b></p> <p>This bill requires large financial institutions to defer part of senior employees' compensation and deposit the deferred compensation in a fund established by the institution. This fund must be used to pay civil or criminal fines levied against the institution or, if the institution is a bank or credit union, to make depositors whole in the event of a failure. If sufficient funds exist at the end of a specified period of time, senior employees must receive their deferred compensation. </p>

Display Title 45 2024-07-24T15:21:39Z Short Title(s) as Introduced 101 2024-05-24T13:38:52Z Introduced in House IH Short Title(s) as Introduced 101 2024-05-24T13:38:52Z Introduced in House IH Official Title as Introduced 6 2024-03-18T21:01:27Z Introduced in House IH Introduced in House 2023-06-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr4200ih/xml/BILLS-118hr4200ih.xml 2023-06-16 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.