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S. 4925

BillFederalSenateIn Committee
Stop GREED Act of 2024
About This Bill
Committee
Latest Action · August 1, 2024
Read twice and referred to the Committee on Veterans' Affairs.
Congress
118th (2023–2025)
Introduced
August 1, 2024
Cosponsors (2)
0D 2R
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Summary

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This bill restricts how the Department of Veterans Affairs can award critical skill incentives to its senior executives. Specifically, it prohibits senior executives whose positions are based at the VA's central office from receiving these bonuses entirely. For senior executives outside the central office, the bill requires individual approval from multiple VA officials before any incentive can be awarded, bans group bonuses, and mandates quarterly reporting to Congress on which executives receive these payments. The legislation aims to prevent excessive executive compensation at the VA by increasing oversight and limiting incentive eligibility, particularly for high-ranking Washington-based officials.

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