Transportation and Infrastructure Committee, Aviation Subcommittee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Taxpayer Accountability for Airlines Relief Act This bill requires air carriers receiving federal loans under the Coronavirus Aid, Relief, and Economic Security Act due to COVID-19 (i.e., coronavirus disease 2019) to limit compensation of certain executives until the air carrier repays such loans. Specifically, the bill prohibits such air carriers from paying its executives who earned a compensation of more than $425,00 in 2019 a salary that is greater than their 2019 salary.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Transportation and Infrastructure.
Referred to the Subcommittee on Aviation.
Introduced in House
Referred to the House Committee on Transportation and Infrastructure.
Referred to the Subcommittee on Aviation.
Transportation and Public Works
Aviation and airportsCardiovascular and respiratory healthCorporate finance and managementEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesTransportation employeesTransportation programs fundingWages and earnings
Taxpayer Accountability for Airlines Relief Act
USA116th CongressHR-6479| House
| Updated: 4/13/2020
Taxpayer Accountability for Airlines Relief Act This bill requires air carriers receiving federal loans under the Coronavirus Aid, Relief, and Economic Security Act due to COVID-19 (i.e., coronavirus disease 2019) to limit compensation of certain executives until the air carrier repays such loans. Specifically, the bill prohibits such air carriers from paying its executives who earned a compensation of more than $425,00 in 2019 a salary that is greater than their 2019 salary.
Transportation and Infrastructure Committee, Aviation Subcommittee
Transportation and Public Works
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Aviation and airportsCardiovascular and respiratory healthCorporate finance and managementEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesTransportation employeesTransportation programs fundingWages and earnings