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.

Introduced 2014-05-06· Sponsored by Rep. Hultgren, Randy [R-IL-14]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23.(2014-05-22)

Plain Language Summary

[AI summary unavailable — showing source text] 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 Office

H.R. 4571, Encouraging Employee Ownership Act of 2014

Aug 7, 2014

As 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

Cosponsors (8)

1 Democrat7 Republicans