To amend the Internal Revenue Code of 1986 to require the same holding period for company stock acquired upon exercise of options as is applicable to company stock in its 401(k) plan, to require disclosure to shareholders of the amount of corporate perks provided to retired executives, and to provide parity for secured retirement benefits between the rank and file and executives.

4 steps remain before this bill could become law.

The record's latest action, on September 24, 2002: Referred to the House Committee on Ways and Means.

1. Clearing the committees it was referred to, and being scheduled for a floor vote
2. Passage by the House
3. Passage by the Senate
4. The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.

Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.

In the 107th Congress (2001-02), 377 of the 9,126 bills and joint resolutions introduced became law, about 4.1 percent. That count covers every measure at every stage, including the many that never left committee.

This one is not there yet: 4 steps are still outstanding, listed above.

No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.

A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.

ROBERT MATSUI (D-CA) introduced it on September 24, 2002, and 13 members have since signed on as cosponsors.

They are 13 Democrats.

Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.

It was introduced on September 24, 2002, 8755 days ago. The most recent recorded action was 8755 days ago, on September 24, 2002.

Measures do not carry over. Anything the 107th Congress has not finished by January 3, 2003 dies when the term ends, and has to be introduced again from the start in the next Congress.