Access to Birth Control Act

House Bill

H.R. 4084

119th Congress

Access to Birth Control Act

In Committee

Introduced:Jun 23, 2025

Primary Sponsor

Garland Barr

Representative

Republican

KY-6

Cosponsors

0

Quick Stats

Policy Area

Finance and Financial Sector

Summary

The Fostering Accountability In Remuneration Fund Act of 2023 requires large financial institutions to set aside a portion of senior employees' compensation in a special fund. This fund would be used to pay fines the institution incurs or to reimburse customers if the bank fails. If no fines are levied, the senior employees would eventually receive their deferred pay.

Latest Action

Referred to the House Committee on Financial Services.

SponsorGarland Barr (R-KY)

Introduced6/23/2025

StatusReferred to the House Committee on Energy and Commerce.

ChamberHouse

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Vote Prediction

Access to Birth Control Act

The Fostering Accountability In Remuneration Fund Act of 2023 requires large financial institutions to set aside a portion of senior employees' compensation in a special fund. This fund would be used to pay fines the institution incurs or to reimburse customer

Community Breakdown

Pass

0%

Fail

0%

0 predictions

The Fostering Accountability In Remuneration Fund Act of 2023 requires large financial institutions to set aside a portion of senior employees' compensation in a special fund. This fund would be used to pay fines the institution incurs or to reimburse customers if the bank fails. If no fines are levied, the senior employees would eventually receive their deferred pay.

Bill Number: 4084
Sponsor: Garland Barr (R-KY)
Introduced: 6/23/2025
Status: Referred to the House Committee on Energy and Commerce.
Policy Area: Finance and Financial Sector

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Access to Birth Control Act
Bill Number: 4084
Sponsor: Garland Barr (R-KY)
Status: Referred to the House Committee on Energy and Commerce.
Introduced: 6/23/2025
Summary: The Fostering Accountability In Remuneration Fund Act of 2023 requires large financial institutions to set aside a portion of senior employees' compensation in a special fund. This fund would be used to pay fines the institution incurs or to reimburse customers if the bank fails. If no fines are lev

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

The Fostering Accountability In Remuneration Fund Act of 2023 requires large financial institutions to set aside a portion of senior employees' compensation in a special fund. This fund would be used to pay fines the institution incurs or to reimburse customers if the bank fails. If no fines are levied, the senior employees would eventually receive their deferred pay.

Last updated: 12/30/2025

Official Summary

Congressional Research Service summary

Fostering Accountability In Remuneration Fund Act of 2023 or the FAIR Fund Act of 2023 This bill requires large financial institutions to defer part of senior employees' compensation and deposit the deferred compensation in a fund established by the institution. This fund must be used to pay civil or criminal fines levied against the institution or, if the institution is a bank or credit union, to make depositors whole in the event of a failure. If sufficient funds exist at the end of a specified period of time, senior employees must receive their deferred compensation.

Key Points

Main provisions of the bill

Requires large financial institutions to defer a portion of senior employees' compensation into a special fund
The fund must be used to pay civil or criminal fines against the institution, or to make depositors whole if the institution is a bank or credit union
If no fines are levied by the end of a specified time period, the deferred compensation is returned to the senior employees

How This Impacts Americans

Potential effects on citizens and communities

This bill would primarily affect senior executives at large financial institutions like banks and investment firms. It aims to hold these executives more accountable for wrongdoing by their companies by tying their compensation to the institution's financial penalties. Consumers could also benefit if the fund is used to reimburse depositors in the event of a bank failure.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

4084, 119th Congress (2025). "Access to Birth Control Act". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-4084

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