Broad-Based Stock Option Plan Transparency Act of 2003

Summary

Broad-Based Stock Option Plan Transparency Act of 2003 - Directs the Securities and Exchange Commission (SEC) to require companies to include within certain mandatory reports details regarding stock option plans, stock purchase plans, and other arrangements involving employee acquisition of an equity interest in the company, including: (1) a discussion of the dilutive effect of stock option plans (written in accordance with the Plain English Handbook published by the Office of Investor Education and Assistance of the Commission); (2) expanded disclosure of the dilutive effect of employee stock options on the company's earnings per share number; (3) prominent placement and increased comparability of all stock option related information; and (4) a summary of stock options granted to the five most highly compensated executive officers, including outstanding stock options of those officers. Directs the SEC to examine and report to specified congressional committees on the effectiveness of the enhanced disclosures required by this Act in increasing transparency to current and potential investors. Prohibits the Commission, between enactment of this Act and submission of such report, from recognizing as generally accepted accounting principles any new accounting standards regarding the treatment of stock options. Directs the Secretary of Commerce to analyze and report to specified congressional committees on broad-based employee stock option plans, particularly in the high technology and any other high growth industries.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 March 2003

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 20 March 2003

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 March 2003

   Introduced

   Introduced in House

   Source: IntroReferral

4. 31 March 2003

   Referred

   Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 20 March 2003 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 March 2003

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 March 2003

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 20 March 2003

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Dreier, David [R-CA-26] · R · Sponsor
• Rep. Eshoo, Anna G. [D-CA-18] · D · Sponsor
• Rep. Ose, Doug [R-CA-3] · R · Sponsor
• Rep. Smith, Adam [D-WA-9] · D · Sponsor
• Rep. Upton, Fred [R-MI-6] · R · Sponsor
• Rep. Honda, Michael M. [D-CA-15] · D · Sponsor
• Rep. Cox, Christopher [R-CA-48] · R · Sponsor
• Rep. Dooley, Calvin M. [D-CA-20] · D · Sponsor
• Rep. Sessions, Pete [R-TX-17] · R · Sponsor
• Rep. McIntyre, Mike [D-NC-7] · D · Sponsor
• Rep. Davis, Tom [R-VA-11] · R · Sponsor
• Rep. Lofgren, Zoe [D-CA-18] · D · Sponsor
• Rep. Smith, Lamar [R-TX-21] · R · Sponsor
• Rep. Thompson, Mike [D-CA-4] · D · Sponsor
• Rep. Houghton, Amo [R-NY-31] · R · Sponsor
• Rep. Harman, Jane [D-CA-36] · D · Sponsor
• Rep. Otter, C. L. (Butch) [R-ID-1] · R · Sponsor
• Rep. Goodlatte, Bob [R-VA-6] · R · Sponsor
• Rep. Miller, Gary G. [R-CA-42] · R · Cosponsor
• Rep. Pombo, Richard W. [R-CA-11] · R · Cosponsor
• Rep. Weller, Jerry [R-IL-11] · R · Cosponsor
• Rep. Davis, Lincoln [D-TN-4] · D · Cosponsor
• Rep. Herger, Wally [R-CA-2] · R · Cosponsor
• Rep. Moore, Dennis [D-KS-3] · D · Cosponsor
• Rep. Kind, Ron [D-WI-3] · D · Cosponsor
• Rep. Simpson, Michael K. [R-ID-2] · R · Cosponsor
• Rep. Souder, Mark E. [R-IN-3] · R · Cosponsor
• Rep. Meeks, Gregory W. [D-NY-5] · D · Cosponsor
• Rep. Inslee, Jay [D-WA-1] · D · Cosponsor
• Rep. Bishop, Rob [R-UT-1] · R · Cosponsor
• Rep. Doolittle, John T. [R-CA-4] · R · Cosponsor
• Rep. Royce, Edward R. [R-CA-39] · R · Cosponsor
• Rep. Walden, Greg [R-OR-2] · R · Cosponsor
• Sen. Flake, Jeff [R-AZ] · R · Cosponsor
• Rep. Blumenauer, Earl [D-OR-3] · D · Cosponsor
• Rep. Davis, Artur [D-AL-7] · D · Cosponsor
• Rep. Hayworth, J. D. [R-AZ-5] · R · Cosponsor
• Rep. Beauprez, Bob [R-CO-7] · R · Cosponsor
• Rep. Wilson, Heather [R-NM-1] · R · Cosponsor
• Rep. Matheson, Jim [D-UT-2] · D · Cosponsor
• Rep. Hooley, Darlene [D-OR-5] · D · Cosponsor
• Rep. Crowley, Joseph [D-NY-14] · D · Cosponsor
• Rep. Wilson, Joe [R-SC-2] · R · Cosponsor
• Rep. Sandlin, Max [D-TX-1] · D · Cosponsor
• Rep. Latham, Tom [R-IA-3] · R · Cosponsor
• Rep. Sanchez, Loretta [D-CA-46] · D · Cosponsor
• Rep. Gephardt, Richard A. [D-MO-3] · D · Cosponsor
• Rep. Issa, Darrell [R-CA-48] · R · Cosponsor

Showing 48 of 113 sponsors and actors.

Related records

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