Senate Bill 488
115th Congress(2017-2018)
JOBS and Investor Confidence Act of 2018
Active
Passed House on Jul 17, 2018
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
488
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
checkPassed on September 11, 2017
Status
Passed
Type
Unanimous Consent
Unanimous Consent
A senator may request unanimous consent on the floor to set aside a specified rule of procedure so as to expedite proceedings. If no Senator objects, the Senate permits the action, but if any one senator objects, the request is rejected. Unanimous consent requests with only immediate effects are routinely granted, but ones affecting the floor schedule, the conditions of considering a bill or other business, or the rights of other senators, are normally not offered, or a floor leader will object to it, until all senators concerned have had an opportunity to inform the leaders that they find it acceptable.
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S5169; text: CR S5169)
Summary
Encouraging Employee Ownership Act
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.
July 17, 2018
September 11, 2017
March 13, 2017
March 1, 2017
07/18/2018
Message on House action received in Senate and at desk: House amendments to Senate bill.
07/17/2018
The title of the measure was amended. Agreed to without objection.
07/17/2018
Motion to reconsider laid on the table Agreed to without objection.
07/17/2018
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 406 - 4 (Roll no. 333). (text: CR H6295-6306)
07/17/2018
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 406 - 4 (Roll no. 333).(text: CR H6295-6306)
07/17/2018
Considered as unfinished business. (consideration: CR H6342-6343)
07/17/2018
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
07/17/2018
DEBATE - The House proceeded with forty minutes of debate on S. 488.
07/17/2018
Considered under suspension of the rules. (consideration: CR H6295-6312)
07/17/2018
Mr. Hensarling moved to suspend the rules and pass the bill, as amended.
09/12/2017
Held at the desk.
09/12/2017
Message on Senate action sent to the House.
09/12/2017
Received in the House.
09/11/2017
Passed Senate without amendment by Unanimous Consent. (consideration: CR S5169; text: CR S5169)
09/11/2017
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S5169; text: CR S5169)
03/13/2017
Placed on Senate Legislative Calendar under General Orders. Calendar No. 15.
03/13/2017
Committee on Banking, Housing, and Urban Affairs. Reported by Senator Crapo without amendment. Without written report.
03/09/2017
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported without amendment favorably.
03/01/2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
03/01/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:35:24 PM