,,ii  #aaf? ,,congress  #a/ ,session    
,s4 #bhdd  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,novemb] #ac1 #bjai,mr4
 ,s*um] 7= ,ms4 ,h>ris7 introduc$ !     
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,f9ance  ,a ,,bill   
,to provide t c]ta9 executives (        
publicly trad$ utility companies may n  
receive bonuses or sev]ance paym5ts1 & =
 o!r purposes4  #a4 ,%ort title ,?is    
,act may be cit$ z ! ,acc\ntability =   
,utility ,executives ,act4  #b4         
,prohibitions on c]ta9 bonuses &        
sev]ance paym5ts  7a7 ,def9itions ,9 ?is
 section--  7#a7 ! t]m bankruptcy       
proce$+s means a case comm5c$ "u title  
#aa1 ,unit$ ,/ates ,code2  7#b7 ! t]m   
,c-suite executive means1 ) respect to a
 cov]$ company--  7,a7 ! *ief executive 
(fic] ( ! cov]$ company2  7,b7 ! *ief   
f9ancial (fic] ( ! cov]$ company2  7,c7 
! *ief op]at+ (fic] ( ! cov]$ company2  
7,d7 ! *ief in=mation (fic] ( ! cov]$   
company2 &  7,e7 ! equival5t ( an       
(ficial describ$ 9 any ( subp>agraphs   

7,a7 ?r\gh 7,d72  7#c7 ! t]m cov]$      
company means an issu]--  7,a7 t--  7i7 
is a debtor 9 bankruptcy proce$+s2 &    
7ii7 7,i7 is an own] or op]ator (--     
7aa7 a public wat] sy/em2 or  7bb7 a    
treatm5t works2 or  7,,ii7 is an        
electric utility2 &  7,b7 ! securities (
 :i* are trad$ on a national securities 
ex*ange2  7#d7 ! t]m electric utility   
has ! mean+ giv5 ! t]m 9 section #c ( ! 
,f$]al ,p[] ,act 7#af ,u4,s4,c4 #gif72  
7#e7 ! t]ms ex*ange1 issu]1 & security h
 ! mean+s giv5 ! t]ms 9 section #c7;a7 (
 ! ,securities ,ex*ange ,act ( #aicd    
7#ae ,u4,s4,c4 #gh;c7a772  7#f7 ! t]m   
gold5 p>a*ute comp5sation means1 )      
respect to a cov]$ company1 any type (  
comp5sation 7:e!r pres5t1 def]r$1 or    
cont+5t7 t is bas$ on or o!rwise relates
 to ! acquisition1 m]g]1 consolidation1 
sale1 or o!r disposition ( all or       
sub/antially all ( ! assets ( ! cov]$   
company2  7#g7 ! t]m national securities
 ex*ange means an ex*ange t is regi/]$  
"u section #f ( ! ,securities ,ex*ange  

,act ( #aicd 7#ae ,u4,s4,c4 #gh;f72     
7#h7 ! t]m public wat] sy/em has ! mean+
 giv5 ! t]m 9 section #adja ( ! ,safe   
,dr9k+ ,wat] ,act 7#db ,u4,s4,c4        
#cjj;f72 &  7#i7 ! t]m treatm5t works   
has ! mean+ giv5 ! t]m 9 section #bab ( 
! ,f$]al ,wat] ,pollution ,control ,act 
7#cc ,u4,s4,c4 #abib74  7b7 ,prohibition
  7#a7 ,9 g5]al ,a cov]$ company may n--
  7,a7 pay a bonus to a ,c-suite        
executive ( ! cov]$ company2 or  7,b7   
o!rwise provide an individual describ$ 9
 subp>agraph 7,a7 ) any gold5 p>a*ute   
comp5sation4  7#b7 ,taxation ,if a cov]$
 company pays a bonus or o!rwise        
provides comp5sation 9 violation (      
p>agraph 7#a71 t bonus or comp5sation1 z
 applicable1 %all be treat$ = purposes (
 ! ,int]nal ,rev5ue ,code ( #aihf z if x
 7 an excess p>a*ute paym5t "u section  
#bhj;,g ( su* ,code4