<?xml version="1.0" encoding="UTF-8"?><BillSummaries>
<item congress="115" measure-type="s" measure-number="488" measure-id="id115s488" originChamber="SENATE" orig-publish-date="2017-03-01" update-date="2018-02-20">
<title>Encouraging Employee Ownership Act</title>
<summary summary-id="id115s488v82" currentChamber="SENATE" update-date="2018-02-20">
<action-date>2017-09-11</action-date>
<action-desc>Passed Senate without amendment</action-desc>
<summary-text><![CDATA[<p>(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.) </p><p><b>Encouraging Employee Ownership Act</b> </p> <p>(Sec. 2) This bill&nbsp;&nbsp;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.</p>]]></summary-text>
</summary>
<summary summary-id="id115s488v80" currentChamber="SENATE" update-date="2017-07-13">
<action-date>2017-03-13</action-date>
<action-desc>Reported to Senate without amendment</action-desc>
<summary-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</b> </p> <p>(Sec. 2) This bill&nbsp;&nbsp;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.</p>]]></summary-text>
</summary>
<summary summary-id="id115s488v00" currentChamber="SENATE" update-date="2017-03-30">
<action-date>2017-03-01</action-date>
<action-desc>Introduced in Senate</action-desc>
<summary-text><![CDATA[<p><b>Encouraging Employee Ownership Act</b> </p> <p>This bill&nbsp;&nbsp;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.</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>
</dublinCore>
</BillSummaries>
