3.0.0 790 2025-01-14T18:20:21Z 2025-01-14T18:20:21Z Senate S S 2023-03-14 118 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2023-03-14T20:48:44Z 2023-03-14 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2023-03-14 Introduced in Senate IntroReferral 10000 9 Library of Congress W000805 Sen. Warner, Mark R. [D-VA] Mark Warner D VA R. N W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2023-03-14 True B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2023-03-14 True Finance and Financial Sector Finance and Financial Sector 2023-03-31T14:00:17Z

00 2023-03-14 Introduced in Senate 2023-06-22T19:42:16Z <p><b>Advancing Long-term Incentives for Governance Now Act or the ALIGN Act </b></p> <p>This bill establishes requirements for share repurchase authorizations (i.e., stock buybacks) and stock-based compensation. </p> <p>Specifically, issuers of securities are required to disclose a stock buyback within one business day of the authorization by the board of directors. </p> <p>Further, executive officers of an issuer are prohibited from selling, transferring, or divesting from a security that is part of that officer's compensation within (1) one year of a buyback, or (2) three years of being granted such a security. The bill establishes exceptions to this prohibition, including by allowing transfers occurring in connection with a change of control of the company or pursuant to a will. </p>

Display Title 45 2024-07-24T15:23:21Z Short Title(s) as Introduced 101 2024-05-24T13:41:40Z Introduced in Senate IS Short Title(s) as Introduced 101 2024-05-24T13:41:40Z Introduced in Senate IS Official Title as Introduced 6 2023-03-30T02:43:45Z Introduced in Senate IS Introduced in Senate 2023-03-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s790is/xml/BILLS-118s790is.xml 2023-03-14 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.