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H.R. 1603

BillFederalHouseIn Committee
TARP Wage Accountability Act
About This Bill
Committee
Latest Action · March 18, 2009
Referred to the House Committee on Financial Services.
Congress
111th (2009–2011)
Introduced
March 18, 2009
Cosponsors (14)
14D 0R
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Summary

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TARP Wage Accountability Act - Amends the Emergency Economic Stabilization Act of 2008 to prohibit financial institutions that have received more than $10 billion under the Troubled Asset Relief Program (TARP) from increasing the compensation of any of their officers, directors, or employees for a fiscal year by a percentage greater than the federal civil service pay increase for such fiscal year.

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