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- H.R.6851
H.R.6851: To require major corporations receiving Federal aid related to COVID-19 to make annual payments of equity to employees of the corporation while such aid is outstanding, and for other purposes.
About This Bill
- Introduced May 13, 2020
- Latest Major Action May 13, 2020
Bill Sponsor
Bill Version
- Introduced in House - May 13, 2020
Bill Summary
This bill requires a major corporation that receives federal aid related to COVID-19 (i.e., coronavirus disease 2019) to make an annual grant of equity to its employees until all such federal aid is repaid. A major corporation is a corporation that, among other things, has its securities traded on a national securities exchange, has to register its securities with the Securities and Exchange Commission, and has an aggregate market value of $75...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
May 13, 2020 |
Referred to the House Committee on Financial Services.
|
May 13, 2020 |
Introduced in the House by Alexandria Ocasio-Cortez (D-N.Y.) |