HR 4571 · 113th Congress · Finance and Financial Sector
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.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23.(2014-05-22)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 4571, Encouraging Employee Ownership Act of 2014
Aug 7, 2014As ordered reported by the House Committee on Financial Services on May 22, 2014
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office