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    <number>1675</number>
    <updateDate>2023-01-11T13:27:59Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:27:59Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2015-03-26</introducedDate>
    <congress>114</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 161, Number 51 (Thursday, March 26, 2015)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. HULTGREN:H.R. 1675.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3, as this legislationregulates commerce between the states.Article I, Section 8, Clause 18, providing Congress withthe authority to enact legislation necessary to execute oneof its enumerated powers, such as Article I, Section 8,Clause 3.[Page H2113]</pre>]]></constitutionalAuthorityStatementText>
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        <citation>H. Rept. 114-398</citation>
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        <title>Promoting Job Creation and Reducing Small Business Burdens Act</title>
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        <number>37</number>
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        <title>Encouraging Employee Ownership Act</title>
        <congress>114</congress>
        <number>576</number>
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          <actionDate>2015-03-24</actionDate>
          <text>Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.</text>
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            <type>Related bill</type>
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        <title>Financial Services and General Government Appropriations Act, 2016</title>
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        <number>1910</number>
        <type>S</type>
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          <actionDate>2015-07-30</actionDate>
          <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 176.</text>
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        <title>Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015</title>
        <congress>114</congress>
        <number>686</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2016-01-28</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 303.</text>
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            <type>Related bill</type>
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        <title>Small Company Disclosure Simplification Act</title>
        <congress>114</congress>
        <number>1912</number>
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          <actionDate>2015-04-21</actionDate>
          <text>Referred to the House Committee on Financial Services.</text>
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      <item>
        <title>Small Company Disclosure Simplification Act</title>
        <congress>114</congress>
        <number>1965</number>
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          <actionDate>2016-01-28</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 302.</text>
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          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
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        <title>Fair Access to Investment Research Act of 2016</title>
        <congress>114</congress>
        <number>5019</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2016-05-09</actionDate>
          <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
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        <title>Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2015</title>
        <congress>114</congress>
        <number>1010</number>
        <type>S</type>
        <latestAction>
          <actionDate>2015-04-20</actionDate>
          <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
        </relationshipDetails>
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      <item>
        <title>Streamlining Excessive and Costly Regulations Review Act</title>
        <congress>114</congress>
        <number>2354</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2016-01-28</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 306.</text>
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        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
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      <item>
        <title>Fair Access to Investment Research Act of 2015</title>
        <congress>114</congress>
        <number>2356</number>
        <type>HR</type>
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          <actionDate>2016-01-28</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 304.</text>
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            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
        </relationshipDetails>
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        <title>Providing for consideration of the bill (H.R. 1675) to direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans, and providing for consideration of the bill (H.R. 766) to provide requirements for the appropriate Federal banking agencies when requesting or ordering a depository institution to terminate a specific customer account, to provide for additional requirements related to subpoenas issued under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and for other purposes.</title>
        <congress>114</congress>
        <number>595</number>
        <type>HRES</type>
        <latestAction>
          <actionDate>2016-02-03</actionDate>
          <text>Motion to reconsider laid on the table Agreed to without objection.</text>
          <actionTime>13:59:46</actionTime>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>House</identifiedBy>
          </item>
          <item>
            <type>Procedurally-related</type>
            <identifiedBy>House</identifiedBy>
          </item>
        </relationshipDetails>
      </item>
      <item>
        <title>An Act Making Appropriations to Stop Regulatory Excess and for Other Purposes, 2016</title>
        <congress>114</congress>
        <number>2132</number>
        <type>S</type>
        <latestAction>
          <actionDate>2015-10-06</actionDate>
          <text>Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 251.</text>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
        </relationshipDetails>
      </item>
      <item>
        <title>Financial CHOICE Act of 2016</title>
        <congress>114</congress>
        <number>5983</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2016-12-20</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 693.</text>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
        </relationshipDetails>
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    </relatedBills>
    <actions>
      <item>
        <actionDate>2016-02-04</actionDate>
        <committees>
          <item>
            <systemCode>ssbk00</systemCode>
            <name>Banking, Housing, and Urban Affairs Committee</name>
          </item>
        </committees>
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          <name>Senate</name>
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        <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>17:00:06</actionTime>
        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
        <type>Floor</type>
        <actionCode>H38310</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
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      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>17:00:05</actionTime>
        <text>On passage Passed by the Yeas and Nays: 265 - 159 (Roll no. 61).</text>
        <type>Floor</type>
        <actionCode>H37100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
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          <recordedVote>
            <rollNumber>61</rollNumber>
            <url>https://clerk.house.gov/evs/2016/roll061.xml</url>
            <chamber>House</chamber>
            <congress>114</congress>
            <date>2016-02-03T22:00:05Z</date>
            <sessionNumber>2</sessionNumber>
          </recordedVote>
        </recordedVotes>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>17:00:05</actionTime>
        <text>Passed/agreed to in House: On passage Passed by the Yeas and Nays: 265 - 159 (Roll no. 61).</text>
        <type>Floor</type>
        <actionCode>8000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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          <recordedVote>
            <rollNumber>61</rollNumber>
            <url>https://clerk.house.gov/evs/2016/roll061.xml</url>
            <chamber>House</chamber>
            <congress>114</congress>
            <date>2016-02-03T22:00:05Z</date>
            <sessionNumber>2</sessionNumber>
          </recordedVote>
        </recordedVotes>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>16:53:53</actionTime>
        <text>On motion to recommit with instructions Failed by recorded vote: 184 - 241 (Roll no. 60). (consideration: CR H538)</text>
        <type>Floor</type>
        <actionCode>H36110</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
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          <item>
            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        </committees>
        <recordedVotes>
          <recordedVote>
            <rollNumber>60</rollNumber>
            <url>https://clerk.house.gov/evs/2016/roll060.xml</url>
            <chamber>House</chamber>
            <congress>114</congress>
            <date>2016-02-03T21:53:53Z</date>
            <sessionNumber>2</sessionNumber>
          </recordedVote>
        </recordedVotes>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>16:46:45</actionTime>
        <text>The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H538)</text>
        <type>Floor</type>
        <actionCode>H8A000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>16:40:30</actionTime>
        <text>DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to insert a new section into that defines and prohibits bad actors from making use of any exemption or regulation made by the bill. The amendment also prohibits the SEC from amending or repealing any regulation if it would weaken the protections for American seniors provided by the legislation.</text>
        <type>Floor</type>
        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>16:39:03</actionTime>
        <text>Ms. Frankel (FL) moved to recommit with instructions to the Committee on Financial Services. (consideration: CR H537; text: CR H537)</text>
        <type>Floor</type>
        <actionCode>H36100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>16:38:12</actionTime>
        <text>The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union. (text of amendment in the nature of a substitute: CR H526-528)</text>
        <type>Floor</type>
        <actionCode>H34400</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>16:37:57</actionTime>
        <text>The previous question was ordered pursuant to the rule. (consideration: CR H537)</text>
        <type>Floor</type>
        <actionCode>H35000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>16:36:55</actionTime>
        <text>The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1675.</text>
        <type>Floor</type>
        <actionCode>H32600</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>16:07:54</actionTime>
        <text>UNFINISHED BUSINESS - The Chair announced that the unfinished business was on adoption of amendments, which had been debated earlier and on which further proceedings had been postponed.</text>
        <type>Floor</type>
        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>16:07:43</actionTime>
        <text>POSTPONED PROCEEDINGS - At the conclusion of debate on the Carolyn Maloney amendment No. 7, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Ellison demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.</text>
        <type>Floor</type>
        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>15:57:22</actionTime>
        <text>DEBATE - Pursuant to the provisions of H. Res. 595, the Committee of the Whole proceeded with 10 minutes of debate on the Carolyn Maloney (NY) amendment No. 7.</text>
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        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>15:56:17</actionTime>
        <text>POSTPONED PROCEEDINGS - At the conclusion of debate on the Issa amendment No. 6, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Issa demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.</text>
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        <actionCode>H8D000</actionCode>
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          <code>2</code>
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        </sourceSystem>
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      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>15:44:22</actionTime>
        <text>DEBATE - Pursuant to the provisions of H.Res. 595, the Committee of the Whole proceeded with 10 minutes of debate on the Issa amendment No. 6.</text>
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        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>15:31:51</actionTime>
        <text>DEBATE - Pursuant to the provisions of H.Res. 595, the Committee of the Whole proceeded with 10 minutes of debate on the Sherman amendment No. 3.</text>
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        <actionCode>H8D000</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>15:21:49</actionTime>
        <text>DEBATE - Pursuant to the provisions of H.Res. 595, the Committee of the Whole proceeded with 10 minutes of debate on the Huizenga amendment No. 2.</text>
        <type>Floor</type>
        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>15:20:46</actionTime>
        <text>POSTPONED PROCEEDINGS - At the conclusion of debate on the DeSaulnier amendment No. 1, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. DeSaulnier demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.</text>
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        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>15:15:07</actionTime>
        <text>DEBATE - Pursuant to the provisions of H.Res. 595, the Committee of the Whole proceeded with 10 minutes of debate on the DeSaulnier amendment No. 1.</text>
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        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
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      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>14:02:43</actionTime>
        <text>GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1675.</text>
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        <actionCode>H8D000</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>14:02:24</actionTime>
        <text>The Speaker designated the Honorable Glenn Thompson to act as Chairman of the Committee.</text>
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        <actionCode>H32400</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
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        <actionDate>2016-02-03</actionDate>
        <actionTime>14:02:22</actionTime>
        <text>House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 595 and Rule XVIII.</text>
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        <actionCode>H32020</actionCode>
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      </item>
      <item>
        <actionDate>2016-02-03</actionDate>
        <actionTime>14:01:51</actionTime>
        <text>Resolution provides for consideration of H.R. 1675 and H.R. 766.</text>
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        <actionCode>H8D000</actionCode>
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          <code>2</code>
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        <actionDate>2016-02-03</actionDate>
        <actionTime>14:01:46</actionTime>
        <text>Considered under the provisions of rule H. Res. 595. (consideration: CR H519-532, H532-539)</text>
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        <actionDate>2016-02-02</actionDate>
        <actionTime>18:13:49</actionTime>
        <text>Rules Committee Resolution H. Res. 595 Reported to House. Resolution provides for consideration of H.R. 1675 and H.R. 766.</text>
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        <actionCode>H1L210</actionCode>
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      <item>
        <actionDate>2016-01-28</actionDate>
        <text>Placed on the Union Calendar, Calendar No. 301.</text>
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          <calendar>U00301</calendar>
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      <item>
        <actionDate>2016-01-28</actionDate>
        <text>Reported by the Committee on Financial Services. H. Rept. 114-398.</text>
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        <text>Reported by the Committee on Financial Services. H. Rept. 114-398.</text>
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          <name>House committee actions</name>
        </sourceSystem>
        <text>Ordered to be Reported by the Yeas and Nays: 45 - 15.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2015-05-20</actionDate>
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          <item>
            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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          <code>1</code>
          <name>House committee actions</name>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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      <item>
        <actionDate>2015-04-29</actionDate>
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            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
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        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
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        <text>Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.</text>
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      <item>
        <actionDate>2015-03-26</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionCode>H11100</actionCode>
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          <code>2</code>
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        <text>Introduced in House</text>
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          <code>9</code>
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        <actionCode>1000</actionCode>
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          <code>9</code>
          <name>Library of Congress</name>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>H001059</bioguideId>
        <fullName>Rep. Hultgren, Randy [R-IL-14]</fullName>
        <firstName>Randy</firstName>
        <lastName>Hultgren</lastName>
        <party>R</party>
        <state>IL</state>
        <district>14</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>D000620</bioguideId>
        <fullName>Rep. Delaney, John K. [D-MD-6]</fullName>
        <firstName>John</firstName>
        <lastName>Delaney</lastName>
        <party>D</party>
        <state>MD</state>
        <middleName>K.</middleName>
        <district>6</district>
        <sponsorshipDate>2015-03-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>F000451</bioguideId>
        <fullName>Rep. Fitzpatrick, Michael G. [R-PA-8]</fullName>
        <firstName>Michael</firstName>
        <lastName>Fitzpatrick</lastName>
        <party>R</party>
        <state>PA</state>
        <middleName>G.</middleName>
        <district>8</district>
        <sponsorshipDate>2015-03-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000598</bioguideId>
        <fullName>Rep. Polis, Jared [D-CO-2]</fullName>
        <firstName>Jared</firstName>
        <lastName>Polis</lastName>
        <party>D</party>
        <state>CO</state>
        <district>2</district>
        <sponsorshipDate>2015-03-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001187</bioguideId>
        <fullName>Rep. Stivers, Steve [R-OH-15]</fullName>
        <firstName>Steve</firstName>
        <lastName>Stivers</lastName>
        <party>R</party>
        <state>OH</state>
        <district>15</district>
        <sponsorshipDate>2015-04-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001038</bioguideId>
        <fullName>Rep. Higgins, Brian [D-NY-26]</fullName>
        <firstName>Brian</firstName>
        <lastName>Higgins</lastName>
        <party>D</party>
        <state>NY</state>
        <district>26</district>
        <sponsorshipDate>2015-04-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001191</bioguideId>
        <fullName>Rep. Sinema, Kyrsten [D-AZ-9]</fullName>
        <firstName>Kyrsten</firstName>
        <lastName>Sinema</lastName>
        <party>D</party>
        <state>AZ</state>
        <district>9</district>
        <sponsorshipDate>2015-04-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001060</bioguideId>
        <fullName>Rep. Hurt, Robert [R-VA-5]</fullName>
        <firstName>Robert</firstName>
        <lastName>Hurt</lastName>
        <party>R</party>
        <state>VA</state>
        <district>5</district>
        <sponsorshipDate>2015-05-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000188</bioguideId>
        <fullName>Rep. Kind, Ron [D-WI-3]</fullName>
        <firstName>RON</firstName>
        <lastName>KIND</lastName>
        <party>D</party>
        <state>WI</state>
        <district>3</district>
        <sponsorshipDate>2015-10-13</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2015-06-19T15:14:35Z</pubDate>
        <title>H.R. 1675, Encouraging Employee Ownership Act of 2015</title>
        <url>https://www.cbo.gov/publication/50332</url>
        <description>As ordered reported by the House Committee on Financial Services on May 20,&amp;nbsp;2015</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Employee benefits and pensions</name>
        </item>
        <item>
          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>Securities and Exchange Commission (SEC)</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2015-03-26</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2015-04-03T21:25:00Z</updateDate>
        <text><![CDATA[ <p><b> Encouraging Employee Ownership Act of 2015</b></p> <p>Directs the Securities and Exchange Commission to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $10 million (currently $5 million), indexed for inflation every five years. </p>]]></text>
      </summary>
      <summary>
        <versionCode>79</versionCode>
        <actionDate>2016-01-28</actionDate>
        <actionDesc>Reported to House without amendment</actionDesc>
        <updateDate>2016-04-07T16:05:33Z</updateDate>
        <text><![CDATA[ <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</p> <p><b> Encouraging Employee Ownership Act of 2015</b></p> <p>(Sec. 2) This bill directs the Securities and Exchange Commission to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $10 million (currently $5 million), indexed for inflation every five years. </p>]]></text>
      </summary>
      <summary>
        <versionCode>36</versionCode>
        <actionDate>2016-02-03</actionDate>
        <actionDesc>Passed House amended</actionDesc>
        <updateDate>2016-04-28T19:03:36Z</updateDate>
        <text><![CDATA[ <p><b>Capital Markets Improvement Act of 2016</b></p> <p>TITLE I--ENCOURAGING EMPLOYEE OWNERSHIP</p> <p>(Sec. 101) This bill directs the Securities and Exchange Commission (SEC) to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $10 million (currently $5 million), indexed for inflation every five years.</p> <p> TITLE II--FAIR ACCESS TO INVESTMENT RESEARCH</p> <p>(Sec. 201) The SEC shall revise a specified regulation to create a safe harbor for certain publications or distributions of research reports by brokers or dealers distributing securities. </p> <p>The revised regulation shall declare that, even if a broker or dealer participates in the registered offering of a covered investment fund's securities, the investment fund research report shall not be deemed to constitute an offer for sale nor an offer to sell a security that is the subject of the offering pursuant to a registration statement that the issuer proposes to file, or has filed, or that is effective. </p> <p>The covered investment fund research report shall be deemed to satisfy the regulation's requirements as well as those of any self-regulatory organization. </p> <p>The SEC shall not impose specified conditions and requirements when implementing the safe harbor. </p> <p>TITLE III--SMALL BUSINESS MERGERS, ACQUISITIONS, SALES, AND BROKERAGE SIMPLIFICATION</p> <p>(Sec. 301) The Securities Exchange Act of 1934 is amended to exempt from its registration requirements certain merger and acquisition brokers and associated persons. </p> <p>This registration exemption, however, shall be denied to brokers who:</p> <ul> <li>receive, hold, transmit, or have custody of any funds or securities to be exchanged by parties to a transfer of ownership of an eligible privately held company;</li> <li>engage on behalf of an issuer in a public offering of securities that are either subject to mandatory registration, or with respect to which the issuer must file periodic information, documents, and reports; or</li> <li>engage on behalf of any party in a transaction involving a public shell company.</li> </ul> <p>A broker shall not be exempt from registration if the broker is subject to:</p> <ul> <li>a suspension or revocation of registration;</li> <li>a specified statutory disqualification;</li> <li>a disqualification under certain rules adopted by the SEC under the Investor Protection and Securities Reform Act of 2010; or</li> <li>a final order of a state securities commission, a state financial institution supervisory authority, a federal banking agency, or the National Credit Union Administration.</li> </ul> <p> This Act may not be construed to limit any other authority of the SEC to exempt any person, or any class of persons, from any provision of this Act, including any related rule or regulation. </p> <p>TITLE IV--SMALL COMPANY DISCLOSURE SIMPLIFICATION</p> <p>(Sec. 401) The bill exempts emerging growth companies and issuers with total annual gross revenues of less than $250 million from the requirement to use Extensible Business Reporting Language (XBRL) for financial statements and other mandatory periodic reporting filed with the SEC. Such companies, however, may elect to use XBRL for such reporting.</p> <p> (Sec. 402) The SEC shall: (1) analyze the costs and benefits to such issuers of the requirement to use XBRL for financial statements and other mandatory periodic reporting; and (2) report to certain congressional committees on the results of such analysis as well as on progress in implementing XBRL reporting within the SEC, and use of XBRL data by the SEC and by investors. </p> <p>TITLE V--STREAMLINING EXCESSIVE AND COSTLY REGULATIONS REVIEW</p> <p>(Sec. 501) Within 5 years after enactment of this Act, and thereafter at least once within each 10-year period, the SEC shall:</p> <ul> <li>review each significant regulation it has issued;</li> <li>determine by vote whether it is ineffective, excessively burdensome, unnecessary, or inconsistent with its mandate;</li> <li>solicit public comment as to whether the regulation should be amended or repealed; and</li> <li>subsequently amend or repeal accordingly. </li> </ul> <p>The SEC shall report to certain congressional committees the steps it has taken to implement the results of its decision, including any action to amend or repeal the target regulation. </p> <p>The bill declares that SEC determinations made pursuant to this Act are final and not subject to judicial review. </p>]]></text>
      </summary>
    </summaries>
    <title>Capital Markets Improvement Act of 2016</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Capital Markets Improvement Act of 2016</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
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      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Encouraging Employee Ownership Act of 2015</title>
      </item>
      <item>
        <titleType>Short Titles as Reported to House</titleType>
        <title>Encouraging Employee Ownership Act of 2015</title>
        <chamberCode>H</chamberCode>
        <chamberName>House</chamberName>
      </item>
      <item>
        <titleType>Short Titles as Passed House</titleType>
        <title>Capital Markets Improvement Act of 2016</title>
        <chamberCode>H</chamberCode>
        <chamberName>House</chamberName>
      </item>
    </titles>
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      <amendment>
        <number>926</number>
        <congress>114</congress>
        <type>HAMDT</type>
        <description>An amendment numbered 7 printed in Part A of House Report 114-414 to preserve the SEC requirement that public companies report their information related to corporate financial performance as searchable data.</description>
        <purpose>Amendment sought to strike title IV and preserve the SEC requirement that public companies report their information related to corporate financial performance as searchable data.</purpose>
        <updateDate>2020-12-15T18:06:39Z</updateDate>
        <latestAction>
          <actionDate>2016-02-03</actionDate>
          <text>On agreeing to the Maloney, Carolyn amendment (A005) Failed by recorded vote: 173 - 248 (Roll no. 59).</text>
          <actionTime>16:36:39</actionTime>
          <links>
            <link>
              <name>Roll no. 59</name>
              <url>https://clerk.house.gov/evs/2016/roll59.xml</url>
            </link>
          </links>
        </latestAction>
        <sponsors>
          <item>
            <bioguideId>M000087</bioguideId>
            <fullName>Rep. Maloney, Carolyn B. [D-NY-12]</fullName>
            <firstName>CAROLYN</firstName>
            <lastName>MALONEY</lastName>
            <party>D</party>
            <state>NY</state>
            <middleName>B.</middleName>
            <district>12</district>
          </item>
        </sponsors>
        <submittedDate>2016-02-03T05:00:00Z</submittedDate>
        <chamber>House of Representatives</chamber>
        <amendedBill>
          <congress>114</congress>
          <type>HR</type>
          <originChamber>House</originChamber>
          <originChamberCode>H</originChamberCode>
          <number>1675</number>
          <title>Capital Markets Improvement Act of 2016</title>
          <updateDateIncludingText>2023-01-11T13:27:59Z</updateDateIncludingText>
        </amendedBill>
        <actions>
          <count>8</count>
          <actions>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:36:39</actionTime>
              <text>On agreeing to the Maloney, Carolyn amendment (A005) Failed by recorded vote: 173 - 248 (Roll no. 59).</text>
              <type>Floor</type>
              <actionCode>H32111</actionCode>
              <sourceSystem>
                <code>2</code>
                <name>House floor actions</name>
              </sourceSystem>
              <recordedVotes>
                <recordedVote>
                  <rollNumber>59</rollNumber>
                  <chamber>House</chamber>
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                  <date>2016-02-03T21:36:39Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll059.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:56:56</actionTime>
              <text>Amendment (A005) offered by Mrs. Maloney, Carolyn. (consideration: CR H533-535, H536-537; text: CR H533)</text>
              <type>Floor</type>
              <actionCode>H3A100</actionCode>
              <sourceSystem>
                <code>2</code>
                <name>House floor actions</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:36:39</actionTime>
              <text>Roll call votes on amendments in House</text>
              <type>Floor</type>
              <actionCode>75000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
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                <recordedVote>
                  <rollNumber>59</rollNumber>
                  <chamber>House</chamber>
                  <congress>114</congress>
                  <date>2016-02-03T21:36:39Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll059.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:36:39</actionTime>
              <text>House amendment not agreed to: On agreeing to the Maloney, Carolyn amendment (A005) Failed by recorded vote: 173 - 248 (Roll no. 59).</text>
              <type>Floor</type>
              <actionCode>73000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
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                <recordedVote>
                  <rollNumber>59</rollNumber>
                  <chamber>House</chamber>
                  <congress>114</congress>
                  <date>2016-02-03T21:36:39Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll059.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:36:39</actionTime>
              <text>Amendment failed in Committee of the Whole</text>
              <type>NotUsed</type>
              <actionCode>77000</actionCode>
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                <code>9</code>
                <name>Library of Congress</name>
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                <recordedVote>
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                  <date>2016-02-03T21:36:39Z</date>
                  <sessionNumber>2</sessionNumber>
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                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:56:56</actionTime>
              <text>House amendment offered/reported by : Amendment (A005) offered by Mrs. Maloney, Carolyn.(consideration: CR H533-535, H536-537; text: CR H533)</text>
              <type>NotUsed</type>
              <actionCode>71500</actionCode>
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                <code>9</code>
                <name>Library of Congress</name>
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            </item>
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              <actionDate>2016-02-03</actionDate>
              <text>House amendment offered</text>
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              <actionCode>71000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
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          </actions>
        </actions>
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        <number>925</number>
        <congress>114</congress>
        <type>HAMDT</type>
        <description>An amendment numbered 6 printed in Part A of House Report 114-414 to limit all exemptions granted therein only to companies obligated to begin submitting financial disclosures to the Securities and Exchange Commission after the date of enactment.</description>
        <purpose>Amendment sought to limit all granted exemptions to only those companies obligated to begin submitting financial disclosures to the Securities and Exchange Commission after the date of enactment.</purpose>
        <updateDate>2020-12-15T18:06:39Z</updateDate>
        <latestAction>
          <actionDate>2016-02-03</actionDate>
          <text>On agreeing to the Issa amendment (A004) Failed by recorded vote: 194 - 221 (Roll no. 58).</text>
          <actionTime>16:32:52</actionTime>
          <links>
            <link>
              <name>Roll no. 58</name>
              <url>https://clerk.house.gov/evs/2016/roll58.xml</url>
            </link>
          </links>
        </latestAction>
        <sponsors>
          <item>
            <bioguideId>I000056</bioguideId>
            <fullName>Rep. Issa, Darrell E. [R-CA-49]</fullName>
            <firstName>DARRELL</firstName>
            <lastName>ISSA</lastName>
            <party>R</party>
            <state>CA</state>
            <middleName>E.</middleName>
            <district>49</district>
          </item>
        </sponsors>
        <submittedDate>2016-02-03T05:00:00Z</submittedDate>
        <chamber>House of Representatives</chamber>
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          <congress>114</congress>
          <type>HR</type>
          <originChamber>House</originChamber>
          <originChamberCode>H</originChamberCode>
          <number>1675</number>
          <title>Capital Markets Improvement Act of 2016</title>
          <updateDateIncludingText>2023-01-11T13:27:59Z</updateDateIncludingText>
        </amendedBill>
        <actions>
          <count>8</count>
          <actions>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:32:52</actionTime>
              <text>On agreeing to the Issa amendment (A004) Failed by recorded vote: 194 - 221 (Roll no. 58).</text>
              <type>Floor</type>
              <actionCode>H32111</actionCode>
              <sourceSystem>
                <code>2</code>
                <name>House floor actions</name>
              </sourceSystem>
              <recordedVotes>
                <recordedVote>
                  <rollNumber>58</rollNumber>
                  <chamber>House</chamber>
                  <congress>114</congress>
                  <date>2016-02-03T21:32:52Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll058.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:43:58</actionTime>
              <text>Amendment (A004) offered by Mr. Issa. (consideration: CR H532-533, H536; text: CR H532)</text>
              <type>Floor</type>
              <actionCode>H3A100</actionCode>
              <sourceSystem>
                <code>2</code>
                <name>House floor actions</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:32:52</actionTime>
              <text>House amendment not agreed to: On agreeing to the Issa amendment (A004) Failed by recorded vote: 194 - 221 (Roll no. 58).</text>
              <type>Floor</type>
              <actionCode>73000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
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                <recordedVote>
                  <rollNumber>58</rollNumber>
                  <chamber>House</chamber>
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                  <date>2016-02-03T21:32:52Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll058.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:32:52</actionTime>
              <text>Amendment failed in Committee of the Whole</text>
              <type>NotUsed</type>
              <actionCode>77000</actionCode>
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                <code>9</code>
                <name>Library of Congress</name>
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                <recordedVote>
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                  <chamber>House</chamber>
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                  <date>2016-02-03T21:32:52Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll058.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:32:52</actionTime>
              <text>Roll call votes on amendments in House</text>
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              <actionCode>75000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
              <recordedVotes>
                <recordedVote>
                  <rollNumber>58</rollNumber>
                  <chamber>House</chamber>
                  <congress>114</congress>
                  <date>2016-02-03T21:32:52Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll058.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:43:58</actionTime>
              <text>House amendment offered/reported by : Amendment (A004) offered by Mr. Issa.(consideration: CR H532-533, H536; text: CR H532)</text>
              <type>NotUsed</type>
              <actionCode>71500</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <text>House amendment offered</text>
              <type>Floor</type>
              <actionCode>71000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
          </actions>
        </actions>
      </amendment>
      <amendment>
        <number>924</number>
        <congress>114</congress>
        <type>HAMDT</type>
        <description>An amendment numbered 3 printed in Part A of House Report 114-414 to provide exclusions for when a mergers and acquisitions broker is not exempt from registration with the SEC.</description>
        <purpose>Amendment sought to provide exclusions for when an M&amp;A broker is not exempt from registration with the SEC.</purpose>
        <updateDate>2020-12-15T18:06:39Z</updateDate>
        <latestAction>
          <actionDate>2016-02-03</actionDate>
          <text>On agreeing to the Sherman amendment (A003) Failed by voice vote.</text>
          <actionTime>15:42:43</actionTime>
        </latestAction>
        <sponsors>
          <item>
            <bioguideId>S000344</bioguideId>
            <fullName>Rep. Sherman, Brad [D-CA-30]</fullName>
            <firstName>BRAD</firstName>
            <lastName>SHERMAN</lastName>
            <party>D</party>
            <state>CA</state>
            <district>30</district>
          </item>
        </sponsors>
        <submittedDate>2016-02-03T05:00:00Z</submittedDate>
        <chamber>House of Representatives</chamber>
        <amendedBill>
          <congress>114</congress>
          <type>HR</type>
          <originChamber>House</originChamber>
          <originChamberCode>H</originChamberCode>
          <number>1675</number>
          <title>Capital Markets Improvement Act of 2016</title>
          <updateDateIncludingText>2023-01-11T13:27:59Z</updateDateIncludingText>
        </amendedBill>
        <actions>
          <count>7</count>
          <actions>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:42:43</actionTime>
              <text>On agreeing to the Sherman amendment (A003) Failed by voice vote.</text>
              <type>Floor</type>
              <actionCode>H32111</actionCode>
              <sourceSystem>
                <code>2</code>
                <name>House floor actions</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:31:27</actionTime>
              <text>Amendment (A003) offered by Mr. Sherman. (consideration: CR H530-532; text: CR H530-531)</text>
              <type>Floor</type>
              <actionCode>H3A100</actionCode>
              <sourceSystem>
                <code>2</code>
                <name>House floor actions</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:42:43</actionTime>
              <text>Amendment failed in Committee of the Whole</text>
              <type>NotUsed</type>
              <actionCode>77000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:31:27</actionTime>
              <text>House amendment offered/reported by : Amendment (A003) offered by Mr. Sherman.(consideration: CR H530-532; text: CR H530-531)</text>
              <type>NotUsed</type>
              <actionCode>71500</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:42:43</actionTime>
              <text>House amendment not agreed to: On agreeing to the Sherman amendment (A003) Failed by voice vote.</text>
              <type>Floor</type>
              <actionCode>73000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <text>House amendment offered</text>
              <type>Floor</type>
              <actionCode>71000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
          </actions>
        </actions>
      </amendment>
      <amendment>
        <number>923</number>
        <congress>114</congress>
        <type>HAMDT</type>
        <description>An amendment numbered 2 printed in Part A of House Report 114-414 to clarify the disqualification from the exemption of any broker or associated person who is subject to suspension or revocation of registration, and the in-applicability of the exemption to any M&amp;A transaction where one party or more is a shell company.</description>
        <purpose>Amendment clarifies the disqualification from the exemption of any broker or associated person who is subject to suspension or revocation of registration, and the inapplicability of the exemption to any M&amp;A transaction where one party or more is a shell company.</purpose>
        <updateDate>2020-12-15T18:06:39Z</updateDate>
        <latestAction>
          <actionDate>2016-02-03</actionDate>
          <text>On agreeing to the Huizenga (MI) amendment (A002) Agreed to by voice vote.</text>
          <actionTime>15:31:19</actionTime>
        </latestAction>
        <sponsors>
          <item>
            <bioguideId>H001058</bioguideId>
            <fullName>Rep. Huizenga, Bill [R-MI-2]</fullName>
            <firstName>Bill</firstName>
            <lastName>Huizenga</lastName>
            <party>R</party>
            <state>MI</state>
            <district>2</district>
          </item>
        </sponsors>
        <submittedDate>2016-02-03T05:00:00Z</submittedDate>
        <chamber>House of Representatives</chamber>
        <amendedBill>
          <congress>114</congress>
          <type>HR</type>
          <originChamber>House</originChamber>
          <originChamberCode>H</originChamberCode>
          <number>1675</number>
          <title>Capital Markets Improvement Act of 2016</title>
          <updateDateIncludingText>2023-01-11T13:27:59Z</updateDateIncludingText>
        </amendedBill>
        <actions>
          <count>7</count>
          <actions>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:31:19</actionTime>
              <text>On agreeing to the Huizenga (MI) amendment (A002) Agreed to by voice vote.</text>
              <type>Floor</type>
              <actionCode>H32111</actionCode>
              <sourceSystem>
                <code>2</code>
                <name>House floor actions</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:21:28</actionTime>
              <text>Amendment (A002) offered by Mr. Huizenga (MI). (consideration: CR H529-530; text: CR H529)</text>
              <type>Floor</type>
              <actionCode>H3A100</actionCode>
              <sourceSystem>
                <code>2</code>
                <name>House floor actions</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:21:28</actionTime>
              <text>House amendment offered/reported by : Amendment (A002) offered by Mr. Huizenga (MI).(consideration: CR H529-530; text: CR H529)</text>
              <type>NotUsed</type>
              <actionCode>71500</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:31:19</actionTime>
              <text>Amendment agreed to Committee of the Whole</text>
              <type>NotUsed</type>
              <actionCode>76000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:31:19</actionTime>
              <text>House amendment agreed to: On agreeing to the Huizenga (MI) amendment (A002) Agreed to by voice vote.</text>
              <type>Floor</type>
              <actionCode>72000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <text>House amendment offered</text>
              <type>Floor</type>
              <actionCode>71000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
          </actions>
        </actions>
      </amendment>
      <amendment>
        <number>922</number>
        <congress>114</congress>
        <type>HAMDT</type>
        <description>An amendment numbered 1 printed in Part A of House Report 114-414 to direct the SEC to study and report to Congress the prevalence of employee ownership plans within companies that include a flexible or social benefit component in their articles of incorporation.</description>
        <purpose>Amendment sought to direct the SEC to study and report to Congress on the prevalence of employee ownership plans within companies that include a flexible or social benefit component in their articles of incorporation.</purpose>
        <updateDate>2020-12-15T18:06:39Z</updateDate>
        <latestAction>
          <actionDate>2016-02-03</actionDate>
          <text>On agreeing to the DeSaulnier amendment (A001) Failed by recorded vote: 180 - 243 (Roll no. 57).</text>
          <actionTime>16:29:04</actionTime>
          <links>
            <link>
              <name>Roll no. 57</name>
              <url>https://clerk.house.gov/evs/2016/roll57.xml</url>
            </link>
          </links>
        </latestAction>
        <sponsors>
          <item>
            <bioguideId>D000623</bioguideId>
            <fullName>Rep. DeSaulnier, Mark [D-CA-11]</fullName>
            <firstName>Mark</firstName>
            <lastName>DeSaulnier</lastName>
            <party>D</party>
            <state>CA</state>
            <district>11</district>
          </item>
        </sponsors>
        <submittedDate>2016-02-03T05:00:00Z</submittedDate>
        <chamber>House of Representatives</chamber>
        <amendedBill>
          <congress>114</congress>
          <type>HR</type>
          <originChamber>House</originChamber>
          <originChamberCode>H</originChamberCode>
          <number>1675</number>
          <title>Capital Markets Improvement Act of 2016</title>
          <updateDateIncludingText>2023-01-11T13:27:59Z</updateDateIncludingText>
        </amendedBill>
        <actions>
          <count>8</count>
          <actions>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:29:04</actionTime>
              <text>On agreeing to the DeSaulnier amendment (A001) Failed by recorded vote: 180 - 243 (Roll no. 57).</text>
              <type>Floor</type>
              <actionCode>H32111</actionCode>
              <sourceSystem>
                <code>2</code>
                <name>House floor actions</name>
              </sourceSystem>
              <recordedVotes>
                <recordedVote>
                  <rollNumber>57</rollNumber>
                  <chamber>House</chamber>
                  <congress>114</congress>
                  <date>2016-02-03T21:29:04Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll057.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:14:36</actionTime>
              <text>Amendment (A001) offered by Mr. DeSaulnier. (consideration: CR H528-529, H535; text: CR H528)</text>
              <type>Floor</type>
              <actionCode>H3A100</actionCode>
              <sourceSystem>
                <code>2</code>
                <name>House floor actions</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:29:04</actionTime>
              <text>Amendment failed in Committee of the Whole</text>
              <type>NotUsed</type>
              <actionCode>77000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
              <recordedVotes>
                <recordedVote>
                  <rollNumber>57</rollNumber>
                  <chamber>House</chamber>
                  <congress>114</congress>
                  <date>2016-02-03T21:29:04Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll057.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:29:04</actionTime>
              <text>Roll call votes on amendments in House</text>
              <type>Floor</type>
              <actionCode>75000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
              <recordedVotes>
                <recordedVote>
                  <rollNumber>57</rollNumber>
                  <chamber>House</chamber>
                  <congress>114</congress>
                  <date>2016-02-03T21:29:04Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll057.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>16:29:04</actionTime>
              <text>House amendment not agreed to: On agreeing to the DeSaulnier amendment (A001) Failed by recorded vote: 180 - 243 (Roll no. 57).</text>
              <type>Floor</type>
              <actionCode>73000</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
              <recordedVotes>
                <recordedVote>
                  <rollNumber>57</rollNumber>
                  <chamber>House</chamber>
                  <congress>114</congress>
                  <date>2016-02-03T21:29:04Z</date>
                  <sessionNumber>2</sessionNumber>
                  <url>https://clerk.house.gov/evs/2016/roll057.xml</url>
                </recordedVote>
              </recordedVotes>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <actionTime>15:14:36</actionTime>
              <text>House amendment offered/reported by : Amendment (A001) offered by Mr. DeSaulnier.(consideration: CR H528-529, H535; text: CR H528)</text>
              <type>NotUsed</type>
              <actionCode>71500</actionCode>
              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
            <item>
              <actionDate>2016-02-03</actionDate>
              <text>House amendment offered</text>
              <type>Floor</type>
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              <sourceSystem>
                <code>9</code>
                <name>Library of Congress</name>
              </sourceSystem>
            </item>
          </actions>
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        <date>2016-02-04T05:00:00Z</date>
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          </item>
        </formats>
      </item>
      <item>
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        <date>2016-02-03T05:00:00Z</date>
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          </item>
        </formats>
      </item>
      <item>
        <type>Reported in House</type>
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          </item>
        </formats>
      </item>
      <item>
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          </item>
        </formats>
      </item>
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      <actionDate>2016-02-04</actionDate>
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