Summary: H.R.4268 — 101st Congress (1989-1990)All Information (Except Text)

There is one summary for H.R.4268. Bill summaries are authored by CRS.

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Introduced in House (03/14/1990)

Depository Institution Golden Parachute Prohibition Act of 1990 - Amends the Federal Deposit Insurance Act to authorize the Federal Deposit Insurance Corporation Board of Directors to prohibit any insured depository institution from making golden parachute payments as defined in the Internal Revenue Code (payments resulting from an agreement during the pendency of a tender offer to increase the compensation of senior management personnel).