To prohibit certain large business entities from purchasing the securities of those entities on national securities exchanges, and for other purposes.
USA115th CongressHR-7145| House
| Updated: 11/16/2018
Ro Khanna
Democratic Representative
California
Cosponsors (5)
Financial Services Committee, Education and Workforce Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018 This bill prohibits a large employer from purchasing its own stock if it (1) pays its employees less than $15 an hour, (2) does not provide its employees with specified paid sick leave, or (3) does not comply with a specified compensation ratio with respect to its executive officers and employees.
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Timeline
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Finance and Financial Sector
Assault and harassment offensesBusiness ethicsCivil actions and liabilityCorporate finance and managementDomestic violence and child abuseEmployee benefits and pensionsEmployee leaveFraud offenses and financial crimesSecuritiesWages and earningsWhite-collar crime
To prohibit certain large business entities from purchasing the securities of those entities on national securities exchanges, and for other purposes.
USA115th CongressHR-7145| House
| Updated: 11/16/2018
Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act of 2018 This bill prohibits a large employer from purchasing its own stock if it (1) pays its employees less than $15 an hour, (2) does not provide its employees with specified paid sick leave, or (3) does not comply with a specified compensation ratio with respect to its executive officers and employees.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ro Khanna
Democratic Representative
California
Cosponsors (5)
Financial Services Committee, Education and Workforce Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Assault and harassment offensesBusiness ethicsCivil actions and liabilityCorporate finance and managementDomestic violence and child abuseEmployee benefits and pensionsEmployee leaveFraud offenses and financial crimesSecuritiesWages and earningsWhite-collar crime