Sec. 3. Reasonable pay for chief executive officers
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/bill/114/hr/2243/rh/section-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Director shall suspend the compensation packages approved for 2015 for the chief executive officers of each enterprise and, in lieu of such packages, subject to the limitation under subsection (b), establish the compensation and benefits for each such chief executive officer at the same level in effect for such officer as of January 1, 2015, and such compensation and benefits may not thereafter be increased. Subsection
(a)may not be construed to affect the applicability of section 16 of the STOCK Act ( 12 U.S.C. 4518a ) to the chief executive officer of each enterprise.
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Sec. 3
Reasonable pay for chief executive officers
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