US SB915 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on March 27 2019 - 25% progression, died in committee
Action: 2019-03-27 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 27 2019 - 25% progression, died in committee
Action: 2019-03-27 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Reward Work Act
Sponsors
Sen. Tammy Baldwin [D-WI] | Sen. Elizabeth Warren [D-MA] | Sen. Kirsten Gillibrand [D-NY] | Sen. Bernard Sanders [I-VT] |
History
Date | Chamber | Action |
---|---|---|
2019-03-27 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB3355 (Related) 2019-06-19 - Referred to the House Committee on Financial Services.
SB3540 (Related) 2020-03-19 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
SB3540 (Related) 2020-03-19 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
Administrative law and regulatory procedures
Corporate finance and management
Finance and financial sector
Labor-management relations
Licensing and registrations
Securities
Securities and Exchange Commission (SEC)
Corporate finance and management
Finance and financial sector
Labor-management relations
Licensing and registrations
Securities
Securities and Exchange Commission (SEC)
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/915/all-info |
Text | https://www.congress.gov/116/bills/s915/BILLS-116s915is.pdf |