,,ii #aad? ,,congress #a/ ,session ,s4 #bjcf ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #ae1 #bjae,mr4 ,vitt] 7= himself & ,ms4 ,w>r57 introduc$ ! foll[+ bill2 :i* 0 read twice1 consid]$1 read ! ?ird "t1 & pass$ ,a ,,bill ,to susp5d ! curr5t comp5sation packages = ! *ief executive (fic]s ( ,fannie ,mae & ,fr$die ,mac1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,equity 9 ,gov]nm5t ,comp5sation ,act ( #bjae4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,director ,! t]m ,director means ! ,director ( ! ,f$]al ,h\s+ ,f9ance ,ag5cy4 7#b7 ,ent]prise ,! t]m ent]prise means-- 7,a7 ! ,f$]al ,national ,mortgage ,association & any affiliate !re(2 & 7,b7 ! ,f$]al ,home ,loan ,mortgage ,corporation & any affiliate !re(4 #c4 ,reasonable pay = *ief executive (fic]s 7a7 ,susp5sion ( curr5t comp5sation package & limitation ,! ,director %all susp5d ! comp5sation packages approv$ = #bjae = ! *ief executive (fic]s ( ea* ent]prise &1 9 lieu ( su* packages1 subject to ! limitation "u subsection 7b71 e/abli% ! comp5sation & b5efits = ea* su* *ief executive (fic] at ! same level 9 effect = su* (fic] z ( ,janu>y #a1 #bjae1 & su* comp5sation & b5efits may n !reaft] be increas$4 7b7 ,limitation on bonuses ,subsection 7a7 %all n be con/ru$ to affect ! applicability ( section #af ( ! ,,/ock ,act 7#ab ,u4,s4,c4 #deah;a7 to ! *ief executive (fic] ( ea* ent]prise4 7c7 ,applicability ,subsection 7a7 %all only apply to a *ief executive (fic] ( an ent]prise if ! ent]prise is 9 cons]vator%ip or receiv]%ip pursuant to section #acfg ( ! ,f$]al ,h\s+ ,ent]prises ,f9ancial ,safety & ,s\ndness ,act ( #aiib 7#ab ,u4,s4,c4 #dfag74 #d4 ,fannie & ,fr$die *ief executive (fic]s n ,f$]al employees ,any *ief executive (fic] affect$ by any provision "u section #c %all n be consid]$ a ,f$]al employee4