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US HR1343

US HR1343
Encouraging Employee Ownership Act of 2017


summary

Introduced
03/02/2017
In Committee
03/09/2017
Crossed Over
04/05/2017
Passed
Dead
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)

Last Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 04/05/2017)

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