No Bonuses for Utility Executives Act

# No Bonuses for Utility Executives Act Summary **What It Would Do:** This bill would prohibit executives at utility companies from receiving bonuses while their companies are receiving federal disaster relief funds. The legislation targets situations where utilities have been damaged by disasters (like hurricanes, floods, or wildfires) and receive government money to help with repairs and recovery. The bill aims to ensure that federal disaster aid goes toward recovery efforts rather than enriching company leadership. **Who It Affects:** The bill would directly impact utility company executives and the utility industry, which provides electricity, water, and gas services to Americans.

It would indirectly affect utility customers and taxpayers funding disaster relief programs. The bill could influence how companies prioritize spending when they receive federal emergency assistance. **Current Status:** As of now, the bill remains in committee, meaning it has been assigned to the appropriate congressional committee for review and discussion but has not yet been voted on by the full House of Representatives. It has not advanced further in the legislative process.