HR 3694
118th Congress
House
Finance and Financial Sector
Reward Work Act
Introduced: May 25, 2023
Introduced by:
García, Jesús G. "Chuy"
Democratic
· Illinois
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 2023
Referred to the House Committee on Financial Services.
May 25, 2023
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1