To limit stock buybacks, shareholder dividends, and executive compensation for certain underperforming contractors as determined by the Secretary of Defense, and for other purposes.
Bill Summary
Limits stock buybacks, shareholder dividends, and executive compensation for certain contractors that the Secretary of Defense says are underperforming. Requires these contractors to prioritize performance over profits in these areas.
Sponsored By
Bill Journey
- Jun 9, 2026
- Jun 9, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects contractors who work with the Department of Defense and are deemed underperforming, by potentially reducing their ability to distribute funds to shareholders and executives. It may also impact the executives and shareholders of these contractors by limiting their compensation and dividend payments.
Impact Areas
Support & Opposition
- Republican1
Documents
1
Full text opens on congress.gov, the official source.
Bill Details
- Economy
- Military
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.