To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards.

4/7/2025, 3:35 PM

Summary of Bill HR 1664

Bill 111 hr 1664 aims to make changes to the executive compensation provisions of the Emergency Economic Stabilization Act of 2008. The main goal of this bill is to prevent executives from receiving unreasonable and excessive compensation that is not based on performance standards.

The bill seeks to address concerns about executive pay by prohibiting companies from providing compensation that is deemed to be excessive or unreasonable. This means that executives would not be able to receive compensation that is considered to be beyond what is fair or justified.

Additionally, the bill would require that executive compensation be tied to performance standards. This means that executives would need to meet certain benchmarks or goals in order to receive their compensation. This is intended to ensure that executives are being rewarded for their performance and contributions to the company. Overall, Bill 111 hr 1664 is aimed at promoting fairness and accountability in executive compensation. By prohibiting unreasonable and excessive compensation and tying compensation to performance standards, the bill seeks to ensure that executives are being fairly compensated for their work.

Current Status of Bill HR 1664

Bill HR 1664 is currently in the status of Bill Introduced since March 23, 2009. Bill HR 1664 was introduced during Congress 111 and was introduced to the House on March 23, 2009. Bill HR 1664's most recent activity was Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 50. as of April 23, 2009