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Dossier Legislative introduced 29-oct-2026
Bill introduced in Congress — not yet passed by either chamber, and not law.

To amend title 11, United States Code, to prohibit the payment of bonuses to highly compensated individuals employed by the debtor and insiders of the debtor to perform services during the bankruptcy case, and for other purposes.

Key claim: Companies in bankruptcy would be barred from paying bonuses to highly paid employees and company insiders for work done during the bankruptcy case.

Abstract

(HR10942 · 119th Congress) Latest action (2026-10-29): Referred to the House Committee on the Judiciary.

Why this matters

Companies in bankruptcy would be barred from paying bonuses to highly paid employees and company insiders for work done during the bankruptcy case.

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Briefing card

To amend title 11, United States Code, to prohibit the payment of bonuses to highly compensated individuals employed by the debtor and insiders of the debtor to perform services during the bankruptcy case, and for other purposes.
Stage: introduced · congress · 29-oct-2026

Companies in bankruptcy would be barred from paying bonuses to highly paid employees and company insiders for work done during the bankruptcy case.

Cross-references (0)

None recorded — doctrine links and citations appear here as scans and citation sweeps find them.

Externo: congress:119-hr-10942:introduced

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