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- S.576
S.576: Encouraging Employee Ownership Act
About This Bill
- Introduced Feb. 26, 2015
- Latest Major Action March 24, 2015
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Encouraging Employee Ownership Act Directs the Securities and Exchange Commission to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $10 million (currently $5 million), indexed for inflation every five years.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 24, 2015 |
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
|
| Feb. 26, 2015 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Feb. 26, 2015 |
Introduced in the Senate by Patrick J. Toomey (R-Pa.) |