Encouraging Employee Ownership Act of 2017

Bill: 115-hr-1343
Sponsor: Rep. Hultgren, Randy [R-IL-14]
Introduced: 2017-03-02 in the House
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures
Employee benefits and pensions
Financial services and investments
Securities
Securities and Exchange Commission (SEC)

Summary:
action_date: 2017-03-02
text: 

Encouraging Employee Ownership Act
 
of 2017

 
This bill requires the Securities and Exchange Commission to increase, from $5 million to $10 million, the 12-month sales threshold beyond which an issuer is required to provide investors with additional disclosures related to compensatory benefit plans.

action_date: 2017-03-29
text: 
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
 

Encouraging Employee Ownership Act
 
of 2017

 
(Sec. 2) This bill requires the Securities and Exchange Commission to increase, from $5 million to $10 million, the 12-month sales threshold beyond which an issuer is required to provide investors with additional disclosures related to compensatory benefit plans.

action_date: 2017-04-04
text: 

Encouraging Employee Ownership Act
 
of 2017

 
(Sec. 2) This bill requires the Securities and Exchange Commission to increase, from $5 million to $10 million, the 12-month sales threshold beyond which an issuer is required to provide investors with additional disclosures related to compensatory benefit plans.


Legislative actions:
action_date: 2017-04-05
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2017-04-04
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2017-04-04
text: On passage Passed by the Yeas and Nays: 331 - 87 (Roll no. 216). (text of amendment in the nature of a substitute: CR H2667)
action_date: 2017-04-04
text: Passed/agreed to in House: On passage Passed by the Yeas and Nays: 331 - 87 (Roll no. 216).(text of amendment in the nature of a substitute: CR H2667)
action_date: 2017-04-04
text: On motion to recommit with instructions Failed by the Yeas and Nays: 185 - 228 (Roll no. 215).
action_date: 2017-04-04
text: The previous question on the motion to recommit with instructions was ordered without objection.
action_date: 2017-04-04
text: DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to add a section to prohibit any exemption to an issuer if the issuer or affiliate of the issuer has withheld information from Congress relevant to its investigation of any collusion between persons associated with the Russian Government and persons associated with a presidential campaign.
action_date: 2017-04-04
text: Mr. Swalwell (CA) moved to recommit with instructions to the Committee on Financial Services. (text: CR H2675)
action_date: 2017-04-04
text: DEBATE - Pursuant to the provisions of H.Res. 240, the House proceeded with 10 minutes of debate on the Polis amendment.
action_date: 2017-04-04
text: DEBATE - The House proceeded with one hour of debate on H.R. 1343.
action_date: 2017-04-04
text: Rule provides for consideration of H.R. 1343 with 1 hour of general debate. Motion to recommit with or without instructions allowed.
action_date: 2017-04-04
text: Considered under the provisions of rule H. Res. 240. (consideration: CR H2667-2678)
action_date: 2017-04-04
text: Rule H. Res. 240 passed House.
action_date: 2017-04-03
text: Rules Committee Resolution H. Res. 240 Reported to House. Rule provides for consideration of H.R. 1343 with 1 hour of general debate. Motion to recommit with or without instructions allowed.
action_date: 2017-03-29
text: Placed on the Union Calendar, Calendar No. 42.
action_date: 2017-03-29
text: Reported by the Committee on Financial Services. H. Rept. 115-71.
action_date: 2017-03-29
text: Reported by the Committee on Financial Services. H. Rept. 115-71.
action_date: 2017-03-09
text: Ordered to be Reported by the Yeas and Nays: 48 - 11.
action_date: 2017-03-09
text: Committee Consideration and Mark-up Session Held.
action_date: 2017-03-02
text: Referred to the House Committee on Financial Services.
action_date: 2017-03-02
text: Introduced in House
action_date: 2017-03-02
text: Introduced in House