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H.R. 3355 116th Congress House

Reward Work Act

Official title: To prohibit public companies from repurchasing their shares on the open market, and for other purposes.

Introduced: June 19, 2019 Introduced by: Jesús G. "Chuy" García Democratic · Illinois See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresCorporate finance and managementLabor-management relationsLicensing and registrations
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 19, 2019
Referred to the House Committee on Financial Services.
Jun 19, 2019
Sponsor introductory remarks on measure. (CR E791)
Jun 19, 2019
Introduced in House
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 Latest action June 19, 2019

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Reward Work Act

This bill prohibits issuers from purchasing their own securities on a national exchange. The bill also requires one-third of an issuer's board of directors to be elected by employees in order for the issuer to be allowed to register securities.

 Related & companion bills 3
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 16
All 16 Democratic 16
D
Meng, Grace
New York · Mar 2, 2020
 D
Watson Coleman, Bonnie
New Jersey · Jan 9, 2020
 D
McGovern, James P.
Massachusetts · Oct 23, 2019
 D
Carson, André
Indiana · Jun 19, 2019
 D
Cohen, Steve
Tennessee · Jun 19, 2019
 D
DeSaulnier, Mark
California · Jun 19, 2019
 D
Jayapal, Pramila
Washington · Jun 19, 2019
 D
Kaptur, Marcy
Ohio · Jun 19, 2019
 D
Khanna, Ro
California · Jun 19, 2019
 D
Norton, Eleanor Holmes
District of Columbia · Jun 19, 2019
 D
Ocasio-Cortez, Alexandria
New York · Jun 19, 2019
 D
Omar, Ilhan
Minnesota · Jun 19, 2019
 D
Pocan, Mark
Wisconsin · Jun 19, 2019
 D
Pressley, Ayanna
Massachusetts · Jun 19, 2019
 D
Schakowsky, Janice D.
Illinois · Jun 19, 2019
 D
Tlaib, Rashida
Michigan · Jun 19, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3355: Reward Work Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-3355/
MLA
"H.R. 3355: Reward Work Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-3355/.
Bluebook (legal)
H.R. 3355, 116th Cong. (2026), https://openamerica.io/bill/116-HR-3355/.
Markdown link
[H.R. 3355: Reward Work Act](https://openamerica.io/bill/116-HR-3355/)
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