S-576 : Still Just a Bill

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.

Action Timeline

Action DateTypeTextSource
2015-03-24CommitteeCommittee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held. With printed Hearing: S.Hrg. 114-16.Senate
2015-02-26IntroReferralRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2015-02-26IntroReferralIntroduced in SenateLibrary of Congress
2015-02-26IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Finance and Financial Sector
See Subjects
  • Administrative law and regulatory procedures
  • Employee benefits and pensions
  • Financial services and investments
  • Securities
  • Securities and Exchange Commission (SEC)

Related Bills

See Related Bills