H.R.4571: To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about finance and financial sector
You can read the bill
Sponsor Randy Hultgren, R-Ill.
Total Cosponsors 8 (1 Democrat, 7 Republicans)
Introduced May 6, 2014
Latest Major Action May 22, 2014
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Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

Directs the Securities and Exchange Commission (SEC) 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 $20 million (currently $5 million).

Directs the SEC to index that aggregate sales price or amount for inflation every 5 years.

(Source: Congressional Research Service)

Bill Actions

Date Description
May 22, 2014 Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23.
May 22, 2014 Committee Consideration and Mark-up Session Held.
May 6, 2014 Referred to the House Committee on Financial Services.
April 9, 2014 Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.