Gig Worker Equity Compensation Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 17, 2020)
Gig Worker Equity Compensation Act
This bill preempts any state law that classifies an individual providing labor or services for remuneration (i.e., an independent contractor) as an employee for purposes of wage-rate and benefit requirements.
The bill also broadens the existing Securities and Exchange Commission registration exemption for the issuance of securities as part of an employee-compensation package. Specifically, the bill applies this exemption to the issuance of securities as compensation for independent contractors.
The Government Accountability Office must report on the bill's effects.
What just happenedSep 17, 2020
Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Who’s behind it
- Introduced in HouseSep 17, 2020
- Sep 17, 2020IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Education and the Workforce Committee - Sep 17, 2020IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Financial Services Committee - Sep 17, 2020IntroReferralIntro-H
Introduced in House
- Sep 17, 2020IntroReferral1000
Introduced in House