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H.R. 7145 115th Congress House

Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018

Official title: To prohibit certain large business entities from purchasing the securities of those entities on national securities exchanges, and for other purposes.

Introduced: November 16, 2018 Introduced by: Ro Khanna Democratic · California See on congress.gov
Finance and Financial Sector Assault and harassment offensesBusiness ethicsCivil actions and liabilityCorporate finance and management
More subjectsShow fewer subjects
Domestic violence and child abuseEmployee benefits and pensionsEmployee leaveFraud offenses and financial crimesSecuritiesWages and earningsWhite-collar crime
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2018
Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 16, 2018
Introduced in House
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 Latest action November 16, 2018

Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 1
  • S 3640 Identical bill Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 5
All 5 Democratic 4
D
Norton, Eleanor Holmes
District of Columbia · Nov 28, 2018
 D
Clarke, Yvette D.
New York · Nov 16, 2018
Gabbard, Tulsi
· Nov 16, 2018
 D
Raskin, Jamie
Maryland · Nov 16, 2018
 D
Schakowsky, Janice D.
Illinois · Nov 16, 2018
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7145: Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-HR-7145/
MLA
"H.R. 7145: Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-7145/.
Bluebook (legal)
H.R. 7145, 115th Cong. (2026), https://openamerica.io/bill/115-HR-7145/.
Markdown link
[H.R. 7145: Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018](https://openamerica.io/bill/115-HR-7145/)
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