Pipeline · Bill → Law
Step 1
Introduced
May 25, 2023
Step 2
Referred
May 25, 2023
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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.
Timeline · 2 actions
May 25, 2023
Introduced in House
May 25, 2023
Referred to the House Committee on Financial Services.