An amendment printed in House Report 115-75 to require the GAO to report to Congress one year after date of enactment the impact of the legislation on employee ownership.
What it does: Adds SEC. 3. GAO REPORT ON IMPACT ON EMPLOYEE OWNERSHIP on page 2, line 2What it changes
1 change to H.R. 1343
Adds SEC. 3. GAO REPORT ON IMPACT ON EMPLOYEE OWNERSHIP on page 2, line 2
Adds a sectionPrinted pageInserted: SEC. 3. GAO REPORT ON IMPACT ON EMPLOYEE OWNERSHIP.
Inserted: Not later than 1 year after the date of the enactment of this Act, the Comptroller General of the United States shall submit to Congress a report on the impact on employee ownership of the revisions required by section 2, including the impact on--
Inserted: (1) the number of employees participating in compensatory benefit plans; and
Inserted: (2) diversification of the securities held by employee pension benefit plans subject to title I of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1001 et seq.).
Original wording
Page 2, after line 2, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Page 2, after line 2, insert the following:
SEC. 3. GAO REPORT ON IMPACT ON EMPLOYEE OWNERSHIP.
Not later than 1 year after the date of the enactment of this Act, the Comptroller General of the United States shall submit to Congress a report on the impact on employee ownership of the revisions required by section 2, including the impact on--
(1) the number of employees participating in compensatory benefit plans; and
(2) diversification of the securities held by employee pension benefit plans subject to title I of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1001 et seq.).
Legislative Activity
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House amendment offered/reported by : Amendment (A002) offered by Mr. Polis.(consideration: CR H2675; text: CR H2675)
April 4, 2017 • 4:10 PM
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House amendment offered/reported by : Amendment (A002) offered by Mr. Polis.(consideration: CR H2675; text: CR H2675)
April 4, 2017 • 4:10 PM
House amendment offered
April 4, 2017
Amendment (A002) offered by Mr. Polis. (consideration: CR H2675; text: CR H2675)
April 4, 2017 • 4:10 PM
By unanimous consent, the Polis amendment was withdrawn.
April 4, 2017 • 4:13 PM