Reward Work Act
Latest action · Mar 22, 2018 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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.
- IntroducedMar 22, 2018
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Reward Work Act
This bill prohibits issuers from purchasing their own securities on a national exchange. The bill also requires one-third of an issuer's board of directors to be elected by employees in order for the issuer to be allowed to register securities.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Mar 22, 2018 to Nov 14, 2018; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-HI | Brian Schatz | Original | Mar 22, 2018 |
| D-MA | Elizabeth Warren | Original | Mar 22, 2018 |
| D-NY | Kirsten E. Gillibrand | Apr 9, 2018 | |
| I-VT | Bernard Sanders | Nov 14, 2018 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Mar 22, 2018 |
Actions 2
Everything that happened, newest first.
- Mar 22, 2018Introduced in Senate
- Mar 22, 2018Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 915 | Reward Work Act | Reintroduced Bill | Mar 27, 2019 |
| HR 6096 | Reward Work Act | Related bill | Jun 13, 2018 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to prohibit public companies from repurchasing their shares on the open market, and for other purposes.
- Short Titles as Introduced
- Reward Work Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Mar 22, 2018Introduced 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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.