I 112th CONGRESS 1st Session H. R. 2980 IN THE HOUSE OF REPRESENTATIVES September 20, 2011 Mr. Tonko introduced the following bill; which was referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Armed Services, 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 A BILL To limit reimbursement for excessive compensation of government contractors equal to the pay of Cabinet Secretaries.

1.

Short title

This Act may be cited as the Stop Excessive Taxpayer Payments to Government Contractors Act of 2011.

2.

Limitation on allowable compensation costs

(a)

Limitation

(1)

Civilian contracts

Section 4304(a)(16) of title 41, United States Code, is amended to read as follows: (16)Costs of compensation of contractor and subcontractor employees for a fiscal year, regardless of the contract funding source, to the extent that such compensation exceeds the rate payable for level I of the Executive Schedule under section 5312 of title 5. . (2)

Defense contracts

Section 2324(e)(1)(P) of title 10, United States Code, is amended to read as follows: (P)Costs of compensation of contractor and subcontractor employees for a fiscal year, regardless of the contract funding source, to the extent that such compensation exceeds the rate payable for level I of the Executive Schedule under section 5312 of title 5. . (b)

Conforming amendments

(1)

In general

Section 1127 of title 41, United States Code, is hereby repealed. (2)

Clerical amendment

The table of sections at the beginning of chapter 11 of title 41, United States Code, is amended by striking the item relating to section 1127.