United States · Bill · HR
H.R. 6339 (116th)
To temporarily ban stock buybacks until the impact of COVID-19 on the American financial system has ended.
Introduced
23 March 2020
Last action
—
Status
Referred to the House Committee on Financial Services.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
This bill prohibits an issuer of securities from purchasing their own securities during the COVID-19 (i.e., coronavirus disease 2019) emergency period and for 120 days thereafter. The Securities and Exchange Commission (SEC) may terminate the ban before the end of this period if the SEC (1) determines doing so is in the public interest, and (2) provides notice.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 23 March 2020
Introduced in House (PDF)
Introduced in House · EN · 23 March 2020
Introduced in House
summary · EN · 23 March 2020
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/house-bill/6339
- Open data entity: https://api.congress.gov/v3/bill/116/hr/6339