S.488: JOBS and Investor Confidence Act of 2018

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About This Bill

Introduced March 1, 2017
Latest Major Action July 18, 2018
See the one similar bills introduced in other congresses.

Bill Sponsor

Patrick J. Toomey (R-Pa.)

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Versions

Engrossed Amendment House - July 17, 2018
Engrossed in Senate - Sept. 11, 2017
Reported to Senate - March 13, 2017
Introduced in Senate - March 1, 2017

Bill Summary

(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.) Encouraging Employee Ownership Act (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.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 15 statements associated with S.488.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.488.

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Bill Actions

Date	Description
July 18, 2018	Message on House action received in Senate and at desk: House amendments to Senate bill.
July 17, 2018	The title of the measure was amended. Agreed to without objection.
July 17, 2018	Motion to reconsider laid on the table Agreed to without objection.
July 17, 2018	Vote in the House On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 406 - 4 (Roll no. 333).
July 17, 2018	Considered as unfinished business.
July 17, 2018	At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
July 17, 2018	DEBATE - The House proceeded with forty minutes of debate on S. 488.
July 17, 2018	Considered under suspension of the rules.
July 17, 2018	Mr. Hensarling moved to suspend the rules and pass the bill, as amended.
July 17, 2018	Vote in the House On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 406 - 4 (Roll no. 333). (text: CR H6295-6306)
July 17, 2018	Considered as unfinished business. (consideration: CR H6342-6343)
July 17, 2018	Considered under suspension of the rules. (consideration: CR H6295-6312)
Sept. 12, 2017	Held at the desk.
Sept. 12, 2017	Message on Senate action sent to the House.
Sept. 12, 2017	Received in the House.
Sept. 11, 2017	Passed the Senate Passed Senate without amendment by Unanimous Consent. (consideration: CR S5169; text: CR S5169)
March 13, 2017	Placed on Senate Legislative Calendar under General Orders. Calendar No. 15.
March 13, 2017	Committee on Banking, Housing, and Urban Affairs. Reported by Senator Crapo without amendment. Without written report.
March 9, 2017	Committee on Banking, Housing, and Urban Affairs. Ordered to be reported without amendment favorably.
March 1, 2017	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
March 1, 2017	Introduced in the Senate by Patrick J. Toomey (R-Pa.)

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