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H.R. 6907

BillFederalHouseIn Committee
All Bonuses Left Behind Act of 2008
About This Bill
Committee
Latest Action · September 15, 2008
Referred to the House Committee on Financial Services.
Congress
110th (2007–2009)
Introduced
September 15, 2008
Sponsor
Rep. Peter WelchD
Cosponsors (0)
None
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Summary

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All Bonuses Left Behind Act of 2008 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to prohibit a golden parachute payment or indemnification payment to any executive officer or member of the board of directors of the Federal National Mortgage Association (Fannie Mae) or of the Federal Home Loan Mortgage Corporation (Freddie Mac), except pursuant to federal law that specifically: (1) names the individual to whom the payment is to be made; and (2) identifies the payment or payments.

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