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H.R. 5258

BillFederalHouseIn Committee
No Bonuses During Blackouts Act of 2019
About This Bill
Committee
Latest Action · November 22, 2019
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
November 22, 2019
Cosponsors (3)
3D 0R
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Summary

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No Bonuses During Blackouts Act of 2019 This bill imposes the alternative minimum tax on state regulated electric utilities that are in bankruptcy reorganization and that make incentive-based payments, other than salary, to any of their 13 highest compensated employees, or that own or lease infrastructure other than climate-resilient infrastructure (i.e., infrastructure capable of reducing the impact of major weather events and natural disasters).

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