A bill to prohibit certain large business entities from purchasing the securities of those entities on national securities exchanges, and for other purposes.
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.
A bill to prohibit certain large business entities from purchasing the securities of those entities on national securities exchanges, and for other purposes.
USA115th CongressS-3640| Senate
| Updated: 11/15/2018
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.