[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 2198 Introduced in Senate (IS)]

112th CONGRESS
  2d Session
                                S. 2198

 To implement common sense controls on the taxpayer-funded salaries of 
    government contractors by limiting reimbursement for excessive 
  compensation equal to the pay of the President of the United States.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 15, 2012

  Mrs. Boxer (for herself and Mr. Grassley) introduced the following 
 bill; which was read twice and referred to the Committee on Homeland 
                   Security and Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
 To implement common sense controls on the taxpayer-funded salaries of 
    government contractors by limiting reimbursement for excessive 
  compensation equal to the pay of the President of the United States.

    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 ``Commonsense Contractor Compensation 
Act of 2012''.

SEC. 2. LIMITATION ON ALLOWABLE GOVERNMENT CONTRACTOR 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 annual amount paid to the President of the United 
        States in accordance with section 102 of title 3.''.
            (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 annual 
        amount paid to the President of the United States in accordance 
        with section 102 of title 3.''.
    (b) Conforming Amendments.--
            (1) Repeal.--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        is hereby repealed.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.
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