Encouraging Employee Ownership Act
Latest action · Mar 24, 2015 Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held. With printed Hearing: S.Hrg. 114-16.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 26, 2015
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Encouraging Employee Ownership Act
Directs the Securities and Exchange Commission to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $10 million (currently $5 million), indexed for inflation every five years.
Cosponsors 1
Members who signed on, in the order they did. All signed on Feb 26, 2015.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-VA | Mark R. Warner | Original | Feb 26, 2015 |
Actions 3
Everything that happened, newest first.
- Mar 24, 2015Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held. With printed Hearing: S.Hrg. 114-16.
- Feb 26, 2015Introduced in Senate
- Feb 26, 2015Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 4
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 37 | Promoting Job Creation and Reducing Small Business Burdens Act | Related bill | Jan 16, 2015 |
| HR 1675 | Capital Markets Improvement Act of 2016 | Related bill | Feb 4, 2016 |
| S 2132 | An Act Making Appropriations to Stop Regulatory Excess and for Other Purposes, 2016 | Related bill | Oct 6, 2015 |
| HR 5983 | Financial CHOICE Act of 2016 | Related bill | Dec 20, 2016 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Feb 26, 2015Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.