US HB8280 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 7-0)
Status: Introduced on September 17 2020 - 25% progression, died in committee
Action: 2020-09-17 - 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.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 17 2020 - 25% progression, died in committee
Action: 2020-09-17 - 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.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Gig Worker Equity Compensation Act
Sponsors
Rep. Patrick McHenry [R-NC] | Rep. Steve Stivers [R-OH] | Rep. Bill Huizenga [R-MI] | Rep. Anthony Gonzalez [R-OH] |
Rep. Mike Garcia [R-CA] | Rep. Trent Kelly [R-MS] | Rep. Bryan Steil [R-WI] |
History
Date | Chamber | Action |
---|---|---|
2020-09-17 | House | 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. |
2020-09-17 | House | 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. |
2020-09-17 | House | Introduced in House |
Subjects
Administrative law and regulatory procedures
Employee benefits and pensions
Finance and financial sector
Government Accountability Office (GAO)
Government studies and investigations
Inflation and prices
Labor standards
Securities and Exchange Commission (SEC)
Self-employed
Service industries
Employee benefits and pensions
Finance and financial sector
Government Accountability Office (GAO)
Government studies and investigations
Inflation and prices
Labor standards
Securities and Exchange Commission (SEC)
Self-employed
Service industries
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/8280/all-info |
Text | https://www.congress.gov/116/bills/hr8280/BILLS-116hr8280ih.pdf |