Encouraging Employee Ownership Act of 2017
USA115th CongressHR-1343| House
| Updated: 4/5/2017
Randy Hultgren
Republican Representative
Illinois
Cosponsors (7)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ordered to be Reported by the Yeas and Nays: 48 - 11.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 42.
Reported by the Committee on Financial Services. H. Rept. 115-71.
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.
Rule H. Res. 240 passed House.
Considered under the provisions of rule H. Res. 240. (consideration: CR H2667-2678)
Rule provides for consideration of H.R. 1343 with 1 hour of general debate. Motion to recommit with or without instructions allowed.
DEBATE - The House proceeded with one hour of debate on H.R. 1343.
DEBATE - Pursuant to the provisions of H.Res. 240, the House proceeded with 10 minutes of debate on the Polis amendment.
Mr. Swalwell (CA) moved to recommit with instructions to the Committee on Financial Services. (text: CR H2675)
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.
The previous question on the motion to recommit with instructions was ordered without objection.
On motion to recommit with instructions Failed by the Yeas and Nays: 185 - 228 (Roll no. 215).
View VoteOn passage Passed by the Yeas and Nays: 331 - 87 (Roll no. 216). (text of amendment in the nature of a substitute: CR H2667)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Latest Companion Bill Action
S 115-488Message on House action received in Senate and at desk: House amendments to Senate bill.
Finance and Financial Sector
Administrative law and regulatory proceduresEmployee benefits and pensionsFinancial services and investmentsSecuritiesSecurities and Exchange Commission (SEC)
Encouraging Employee Ownership Act of 2017
USA115th CongressHR-1343| House
| Updated: 4/5/2017
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.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ordered to be Reported by the Yeas and Nays: 48 - 11.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 42.
Reported by the Committee on Financial Services. H. Rept. 115-71.
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.
Rule H. Res. 240 passed House.
Considered under the provisions of rule H. Res. 240. (consideration: CR H2667-2678)
Rule provides for consideration of H.R. 1343 with 1 hour of general debate. Motion to recommit with or without instructions allowed.
DEBATE - The House proceeded with one hour of debate on H.R. 1343.
DEBATE - Pursuant to the provisions of H.Res. 240, the House proceeded with 10 minutes of debate on the Polis amendment.
Mr. Swalwell (CA) moved to recommit with instructions to the Committee on Financial Services. (text: CR H2675)
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.
The previous question on the motion to recommit with instructions was ordered without objection.
On motion to recommit with instructions Failed by the Yeas and Nays: 185 - 228 (Roll no. 215).
View VoteOn passage Passed by the Yeas and Nays: 331 - 87 (Roll no. 216). (text of amendment in the nature of a substitute: CR H2667)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Latest Companion Bill Action
S 115-488Message on House action received in Senate and at desk: House amendments to Senate bill.
Randy Hultgren
Republican Representative
Illinois
Cosponsors (7)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
Related Bills
- S 115-488: Encouraging Employee Ownership Act
- HR 115-3280: Financial Services and General Government Appropriations Act, 2018
- HRES 115-240: Providing for consideration of the bill (H.R. 1343) to direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.
- S 115-2155: Economic Growth, Regulatory Relief, and Consumer Protection Act
- HR 115-10: Financial CHOICE Act of 2017
- HR 115-3354: Make America Secure and Prosperous Appropriations Act, 2018
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresEmployee benefits and pensionsFinancial services and investmentsSecuritiesSecurities and Exchange Commission (SEC)