Summary: S.488 — 115th Congress (2017-2018)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Passed Senate without amendment (09/11/2017)

(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.)

Encouraging Employee Ownership Act

(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.