Bill118th CongressFiled May 25, 2023Finance and Financial Sector
H.R. 3694
Reward Work Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (May 25, 2023)
Reward Work Act
This bill prohibits issuers from purchasing their own securities on a national exchange. The bill also requires one-third of an issuer's board of directors to be elected by employees in order for the issuer to be allowed to register securities.
What just happenedMay 25, 2023
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Garcia, Jesus G. "Chuy" [D-IL-4](D-IL)Sponsor
32 cosponsors32 D
32cosponsors1committees3actions
- Introduced in HouseMay 25, 2023
- May 25, 2023IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - May 25, 2023IntroReferralIntro-H
Introduced in House
- May 25, 2023IntroReferral1000
Introduced in House