Grayson-Himes Pay For Performance Act of 2009



The Grayson-Himes Pay For Performance Act of 2009 (H.R.1664) was introduced in the House on March 23, 2009 and referred to the House Committee on Financial Services. It is sponsored by Rep. Alan Grayson (D, FL-8) and has 9 co-sponsors.

Summary
The Grayson-Himes Pay for Performance Act of 2009 proposes amending the executive pay provisions in the Emergency Economic Stabilization Act of 2008 that allowed for unreasonable and excessive compensation for executives, which were not based on performance standards.

House vote
On April 1, 2009, the House voted 247-171 to pass the bill.

