1. Requirements on all corporations until Federal aid related to COVID–19 is repaid Any corporation that receives Federal aid related to COVID–19 shall, until the date on which all such Federal aid is repaid by the corporation to the Federal Government, comply with the following: (1) Restrictions on executive bonuses The corporation may not pay a bonus to any executive of the corporation. (2) Ban on executive golden parachutes The corporation may not pay any type of compensation (whether present, deferred, or contingent) to an executive of the corporation, if such compensation is in connection with the termination of employment of the executive. (3) Ban on stock buybacks The corporation may not purchase securities of the corporation. (4) Ban on dividends The corporation may not pay dividends on securities of the corporation. (5) Ban on Federal lobbying The corporation may not carry out any Federal lobbying activities. 2. Permanent requirements on accelerated filers receiving Federal aid related to COVID–19 (a) In general An accelerated filer that receives Federal aid related to COVID–19 shall permanently comply with the following: (1) Worker board representation (A) In general At least 1⁄3 of the members of the accelerated filer’s directors are chosen by the employees of the accelerated filer in a one-employee-one-vote election process. (B) Compliance date An accelerated filer shall comply with the requirements under subparagraph (A) not later than the end of the 2-year period beginning on the date of enactment of this Act. (C) Definitions In this paragraph— (i) the term director has the meaning given the term in section 3 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c )