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<BillSummaries>
<item congress="113" measure-type="hr" measure-number="4571" measure-id="id113hr4571" originChamber="HOUSE" orig-publish-date="2014-05-06" update-date="2014-07-18">
<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>
<summary summary-id="id113hr4571v00" currentChamber="HOUSE" update-date="2014-07-18">
<action-date>2014-05-06</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p> 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 $20 million (currently $5 million). </p> <p>Directs the SEC to index that aggregate sales price or amount for inflation every 5 years.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>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.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries 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.</dc:description>
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</BillSummaries>
