[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1582 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 1582

 To amend the Emergency Economic Stabilization Act of 2008 to strike a 
         provision included in a recent amendment of such Act.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 18, 2009

 Mr. LaTourette (for himself, Mr. McCotter, Mr. Austria, Ms. Foxx, Mr. 
   Upton, Mr. Cole, Mr. Sessions, Mr. Fortenberry, Mr. LoBiondo, Mr. 
 Simpson, Mr. Rogers of Michigan, Mr. Dent, Mr. Ehlers, Mr. Burton of 
 Indiana, Mr. Lincoln Diaz-Balart of Florida, Mr. Tiberi, Mr. Latham, 
    Mr. Marchant, Mr. Turner, Mr. Rooney, Mr. Reichert, Mr. Roe of 
Tennessee, Mr. Nunes, Mr. Rogers of Kentucky, Mr. Moran of Kansas, Mr. 
    Goodlatte, Mr. Hastings of Washington, Mr. McHugh, Mr. Broun of 
Georgia, Mrs. Bono Mack, Mr. Luetkemeyer, and Mr. Akin) introduced the 
   following bill; which was referred to the Committee on Financial 
                                Services

_______________________________________________________________________

                                 A BILL


 
 To amend the Emergency Economic Stabilization Act of 2008 to strike a 
         provision included in a recent amendment of such Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Executive Bonus Repeal Act''.

SEC. 2. REPEAL OF PROVISION.

    (a) In General.--Section 111(b)(3)(D) of the Emergency Economic 
Stabilization Act of 2008 (12 U.S.C. 5221(b)(3)(D)) is amended by 
striking clause (iii).
    (b) Effective Date.--Section 111 of the Emergency Economic 
Stabilization Act of 2008 shall apply on and after the date of the 
enactment of the American Recovery and Reinvestment Act of 2009 as if 
the clause struck by subsection (a) of this section had not been 
included in the amendment of such section 111 by section 7001 of the 
American Recovery and Reinvestment Act of 2009.
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