S. 488 · 115th Congress
JOBS and Investor Confidence Act of 2018
- Stage
- Passed a chamber
- Sponsor
- Pat Toomey
- Introduced
- 2017-03-01
- Latest action
- 2018-07-18 · Message on House action received in Senate and at desk: House amendments to Senate bill.
Summary
(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.