S 576 · 114th Congress · Finance and Financial Sector
Encouraging Employee Ownership Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held. With printed Hearing: S.Hrg. 114-16.(2015-03-24)
Plain Language Summary
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Encouraging Employee Ownership Act Directs the Securities and Exchange Commission 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 $10 million (currently $5 million), indexed for inflation every five years.…
Summarized by Claude AI · Non-partisan · For informational purposes only