S.Amdt. 940
What it does: Adds Sec. 118. Notwithstanding any other provision of law, none of the funds appropriated or otherwise made available by this or any other Act may be used to pay compensation for senior executives at the Federal National Mortgage Association or Federal Home Loan Mortgage Corporation in the form of bonuses, during any period of conservatorship for those entities on or after the date of enactment of this Act after section 117 of title I of division B
Sen. John McCain (R-AZ)What it changes
1 change to H.R. 2354
Adds Sec. 118. Notwithstanding any other provision of law, none of the funds appropriated or otherwise made available by this or any other Act may be used to pay compensation for senior executives at the Federal National Mortgage Association or Federal Home Loan Mortgage Corporation in the form of bonuses, during any period of conservatorship for those entities on or after the date of enactment of this Act after section 117 of title I of division B
Adds a sectionInserted: Sec. 118. Notwithstanding any other provision of law, none of the funds appropriated or otherwise made available by this or any other Act may be used to pay compensation for senior executives at the Federal National Mortgage Association or Federal Home Loan Mortgage Corporation in the form of bonuses, during any period of conservatorship for those entities on or after the date of enactment of this Act.
Original wording
In title I of Division B, insert after section 117 the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 940. Mr. McCONNELL (for Mr. McCain (for himself, Mr. Rockefeller, Mr. Johanns, Mr. Barrasso, Mr. Enzi, Ms. Murkowski, Mrs. McCaskill, Mr. Begich, Mr. Coburn, Mr. Thune, Mr. Blunt, and Mr. Heller)) submitted an amendment intended to be proposed by Mr. McConnell to the bill H.R. 2354, making appropriations for energy and water development and related agencies for the fiscal year ending September 30, 2012, and for other purposes; which was ordered to lie on the table; as follows:
In title I of Division B, insert after section 117 the following:
Sec. 118. Notwithstanding any other provision of law, none of the funds appropriated or otherwise made available by this or any other Act may be used to pay compensation for senior executives at the Federal National Mortgage Association or Federal Home Loan Mortgage Corporation in the form of bonuses, during any period of conservatorship for those entities on or after the date of enactment of this Act.
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Senate amendment submitted
November 10, 2011