- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on the JudiciaryIntroducedSeptember 26th, 2018
- house Committees
By paying out bonuses to executives while their companies are going through bankruptcy, corporations are effectively rewarding them for running a company into the ground. Rather than giving them bonuses, companies should be focused on securing the livelihoods of their workers while undergoing bankruptcy proceedings.
Corporate executives should be paid compensation that they’re owed by the company even if it’s going through bankruptcy, just as any other worker should, as that can lead to better results and a more desirable outcome for all. It’s not the federal government’s job to tell corporations how to compensate their executives.