US HB8566 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on October 9 2020 - 25% progression, died in committee
Action: 2020-10-09 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 9 2020 - 25% progression, died in committee
Action: 2020-10-09 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires the Federal Reserve Board and the Securities and Exchange Commission to jointly report on the racial gap in stock ownership and to provide recommendations for legislative or administrative changes to raise stock ownership among African Americans and any other group less likely to own stocks.
Title
To require the Board of Governors of the Federal Reserve System and the Securities and Exchange Commission to carry out a study on the racial gap in stock ownership, and for other purposes.
Sponsors
| Rep. Gregory Meeks [D-NY] | Rep. Al Lawson [D-FL] | Rep. Emanuel Cleaver [D-MO] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-10-09 | House | Referred to the House Committee on Financial Services. |
| 2020-10-09 | House | Introduced in House |
Subjects
Finance and financial sector
Government information and archives
Government studies and investigations
Securities
Government information and archives
Government studies and investigations
Securities
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/8566/all-info |
| Text | https://www.congress.gov/116/bills/hr8566/BILLS-116hr8566ih.pdf |
