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S 3931 117th Congress Senate Finance and Financial Sector Administrative law and regulatory procedures Employee benefits and pensions Inflation and prices Securities Securities and Exchange Commission (SEC) Self-employed Service industries

Gig Worker Equity Compensation Act

Introduced: March 24, 2022 Introduced by: Lummis, Cynthia M. Republican · Wyoming See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Apr 5, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.
Mar 24, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 24, 2022
Introduced in Senate
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 Plain-English summary Congressional Research Service

Gig Worker Equity Compensation Act

This bill expands the existing Securities and Exchange Commission registration exemption for securities that are part of an employee-compensation package. Specifically, the bill applies this exemption to securities provided to independent contractors performing work for the issuer and to customers of the issuer.

The bill also requires the corresponding aggregate sales amount to be indexed for inflation annually instead of every 5 years as under current law.

What's happening now April 5, 2022

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Scott, Tim
South Carolina · Mar 31, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3931: Gig Worker Equity Compensation Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-3931/
MLA
"S. 3931: Gig Worker Equity Compensation Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3931/.
Bluebook (legal)
S. 3931, 117th Cong. (2026), https://openamerica.io/bill/117-S-3931/.
Markdown link
[S. 3931: Gig Worker Equity Compensation Act](https://openamerica.io/bill/117-S-3931/)
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