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S. 576

BillFederalSenateIn Committee
Encouraging Employee Ownership Act
About This Bill
Committee
Latest Action · March 24, 2015
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
Congress
114th (2015–2017)
Introduced
February 26, 2015
Cosponsors (1)
1D 0R
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Summary

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Encouraging Employee Ownership Act Directs the Securities and Exchange Commission to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $10 million (currently $5 million), indexed for inflation every five years.

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