HR 8612
Reward Work Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 1:34 AM
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Reward Work Act, aims to restrict how public companies can use their money. Specifically, it prohibits companies from buying back their own shares on the open market. Additionally, the bill requires that at least one-third of a company’s board of directors be chosen by the company’s employees through a direct election process. The Securities and Exchange Commission will be responsible for creating regulations to ensure fair and democratic director elections and the implementation of these changes.
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