summary
Introduced
03/02/2017
03/02/2017
In Committee
03/09/2017
03/09/2017
Crossed Over
04/05/2017
04/05/2017
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Encouraging Employee Ownership Act of 2017 (Sec. 2) This bill requires the Securities and Exchange Commission to increase, from $5 million to $10 million, the 12-month sales threshold beyond which an issuer is required to provide investors with additional disclosures related to compensatory benefit plans.
AI Summary
This bill requires the Securities and Exchange Commission (SEC) to increase, from $5 million to $10 million, the 12-month sales threshold beyond which an issuer is required to provide investors with additional disclosures related to compensatory benefit plans. The bill also directs the SEC to index this threshold amount for inflation every 5 years to reflect changes in the Consumer Price Index.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (8)
Randy Hultgren (R)*,
John Delaney (D),
Josh Gottheimer (D),
Brian Higgins (D),
Thomas MacArthur (R),
Kyrsten Sinema (I),
Steve Stivers (R),
David Trott (R),
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 04/05/2017)
Official Document
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bill summary
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bill summary
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