H.R.4208: Executive Stock Option Profit Recapture Act

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about law
  • Introduced April 22, 2004
  • Latest Major Action May 17, 2004

Bill Summary

Executive Stock Option Profit Recapture Act - Amends the Sarbanes-Oxley Act of 2002 to direct the Securities and Exchange Commission (SEC) to prescribe rules declaring that, if, at the end of a period ending one year after one or more of the five most highly compensated executive officers or the directors of an issuer have exercised options on the issuer's securities granted as compensation, the issuer's stock has declined by a material...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
April 22, 2004

Introduced in the House by Barney Frank (D-Mass.)

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