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H.R. 9149

BillFederalHouseIn Committee
To prohibit public companies from repurchasing their shares on the open market, and for other purposes.
About This Bill
Committee
Latest Action · October 7, 2022
Referred to the House Committee on Financial Services.
Congress
117th (2021–2023)
Introduced
October 7, 2022
Cosponsors (13)
13D 0R
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Summary

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Reward Work Act This bill 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.

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