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S. 576

Encouraging Employee Ownership Act

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.

Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.

Sen. Toomey, Patrick [R-PA](R-PA)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions4related bills5subjects
  1. Committee

    Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.

    Securities, Insurance, and Investment Subcommittee
  2. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  3. IntroReferral10000

    Introduced in Senate

Encouraging Employee Ownership Act — Informed