Reward Work Act
118-HR-3694118th CongressIntroduced May 25, 2023Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Financial Services.
Sponsor
Rep. Garcia, Jesus G. "Chuy" [D-IL-4](D-IL-4)32 cosponsors
Summary
Reward Work Act
This bill prohibits issuers from purchasing their own securities on a national exchange. The bill also requires one-third of an issuer's board of directors to be elected by employees in order for the issuer to be allowed to register securities.
Actions (3)
Referred to the House Committee on Financial Services.
May 25, 2023House floor actions
Introduced in House
May 25, 2023Library of Congress
Introduced in House
May 25, 2023Library of Congress