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H.R. 3694 118th Congress House

Reward Work Act

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

Introduced: May 25, 2023 Introduced by: Jesús G. "Chuy" García Democratic · Illinois See on congress.gov
This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
May 25, 2023
Referred to the House Committee on Financial Services.
May 25, 2023
Introduced in House
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 Latest action May 25, 2023

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 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 3

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3694: Reward Work Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-3694/
MLA
"H.R. 3694: Reward Work Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-3694/.
Bluebook (legal)
H.R. 3694, 118th Cong. (2026), https://openamerica.io/bill/118-HR-3694/.
Markdown link
[H.R. 3694: Reward Work Act](https://openamerica.io/bill/118-HR-3694/)
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