Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018
Latest action · Nov 15, 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.
- IntroducedNov 15, 2018
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018
This bill prohibits a large employer from purchasing its own stock if it (1) pays its employees less than $15 an hour, (2) does not provide its employees with specified paid sick leave, or (3) does not comply with a specified compensation ratio with respect to its executive officers and employees.
Cosponsors
Members who signed on, in the order they did.
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 Nov 15, 2018 |
Actions 2
Everything that happened, newest first.
- Nov 15, 2018Introduced in Senate
- Nov 15, 2018Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 7145 | Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018 | Identical bill | Nov 16, 2018 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to prohibit certain large business entities from purchasing the securities of those entities on national securities exchanges, and for other purposes.
- Short Titles as Introduced
- Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Nov 15, 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.
