S. 651: A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on excessive bonuses paid by, and received from, companies receiving Federal emergency economic assistance, to limit the amount of nonqualified deferred compensation that employees of such companies may defer from taxation, and for other purposes. S. 651: Compensation Fairness Act of 2009 Sponsor introductory remarks on measure. (CR S3563-3564) 2009-03-19 Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. 2009-03-19 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 37. 2009-03-23 S. 651: Compensation Fairness Act of 2009 s S. 651: Compensation Fairness Act of 2009 (111th Congress) Compensation Fairness Act of 2009 A bill to amend the Internal Revenue Code of 1986 to impose an excise tax on excessive bonuses paid by, and received from, companies receiving Federal emergency economic assistance, to limit the amount of nonqualified deferred compensation that employees of such companies may defer from taxation, and for other purposes. Employee benefits and pensions Taxation Wages and earnings Housing finance and home ownership Sales and excise taxes Corporate finance and management Financial crises and stabilization Government corporations and government-sponsored enterprises 2009-03-19 111 2009-03-19 651 calendar SenateBill LegislativeAction OfficialTitle ShortTitle