Taxpayer Accountability for Airlines Relief Act
Sponsored By: Representative Burchett, Tim [R-TN-2]
Unknown
Summary
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.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Burchett, Tim [R-TN-2]
TN • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
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