S 3640
115th Congress
Senate
Finance and Financial Sector
Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018
Introduced: November 15, 2018
Introduced by:
Sanders, Bernard
Independent
· Vermont
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 15, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 15, 2018
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1