US SB576 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 26 2015 - 25% progression, died in chamber
Action: 2015-03-24 - Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 26 2015 - 25% progression, died in chamber
Action: 2015-03-24 - Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
Text: Latest bill text (Introduced) [PDF]
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.
Title
Encouraging Employee Ownership Act
Sponsors
| Sen. Pat Toomey [R-PA] | Sen. Mark Warner [D-VA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-03-24 | Senate | Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held. |
| 2015-02-26 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB37 (Related) 2015-01-16 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
HB1675 (Related) 2016-02-04 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
SB2132 (Related) 2015-10-06 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 251.
HB1675 (Related) 2016-02-04 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
SB2132 (Related) 2015-10-06 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 251.
Subjects
Administrative law and regulatory procedures
Employee benefits and pensions
Finance and financial sector
Financial services and investments
Securities
Securities and Exchange Commission (SEC)
Employee benefits and pensions
Finance and financial sector
Financial services and investments
Securities
Securities and Exchange Commission (SEC)
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/576/all-info |
| Text | https://www.congress.gov/114/bills/s576/BILLS-114s576is.pdf |
