S 576
114th Congress
Senate
Finance and Financial Sector
Administrative law and regulatory procedures
Employee benefits and pensions
Financial services and investments
Securities
Securities and Exchange Commission (SEC)
Encouraging Employee Ownership Act
Introduced: February 26, 2015
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
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.
Feb 26, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 26, 2015
Introduced in Senate
Plain-English 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.
What's happening now
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held. With printed Hearing: S.Hrg. 114-16.
Committees of jurisdiction
2
Cosponsors
1