H.R.3634 - Enron Employee Pension Recovery Act of 2002107th Congress (2001-2002)
|Sponsor:||Rep. Waters, Maxine [D-CA-35] (Introduced 01/24/2002)|
|Committees:||House - Financial Services; House Administration|
|Latest Action:||02/11/2002 Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.|
This bill has the status Introduced
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Subject — Policy Area:
- Finance and Financial Sector
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Summary: H.R.3634 — 107th Congress (2001-2002)All Bill Information (Except Text)
Enron Employee Pension Recovery Act of 2002 - Sets forth a priority allocation scheme requiring the Securities and Exchange Commission (SEC) to distribute to former Enron, subsidiary, or affiliate employees the proceeds from any administrative or judicial order brought for securities violations against the Enron Corporation or Arthur Andersen L.L.C., or any of their subsidiaries, affiliates, officers, directors, or principal shareholders for an accounting or disgorgement of funds (including any civil penalty assessments).
Introduced in House (01/24/2002)
Amends the Federal Election Campaign Act of 1971 to authorize the transfer of Federal campaign contributions to such disgorgement fund.
Authorizes the SEC to accept donations to the United States for such fund.