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 journey · stage 1 of 5
Just introduced
What it doesSummary introduced in house (May 6, 2014)
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.
What just happenedMay 22, 2014
Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23.
Who’s behind it
- Introduced in HouseMay 6, 2014
- May 22, 2014Committee
Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23.
- May 22, 2014Committee
Committee Consideration and Mark-up Session Held.
- May 6, 2014IntroReferralH11100
Referred to the House Committee on Financial Services.
- May 6, 2014IntroReferralIntro-H
Introduced in House
- May 6, 2014IntroReferral1000
Introduced in House
- Apr 9, 2014Committee
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.