Gig Economy Infrastructure Act
Sponsored By: Representative McHenry, Patrick T. [R-NC-10]
Unknown
Summary
Gig Economy Infrastructure Act This bill temporarily preempts any state law that classifies an individual providing labor or services for remuneration (i.e., an independent contractor) as an employee for purposes of wage-rate and benefit requirements. This preemption ends three years after enactment. The bill also broadens the existing Securities and Exchange Commission registration exemption for the issuance of securities as part of an employee-compensation package. Specifically, the bill applies this exemption to the issuance of securities as compensation for independent contractors. The Government Accountability Office must report on the bill's effects.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
McHenry, Patrick T. [R-NC-10]
NC • R
Cosponsors
Rep. Wagner, Ann [R-MO-2]
MO • R
Sponsored 3/12/2020
Rep. Barr, Andy [R-KY-6]
KY • R
Sponsored 3/12/2020
Rep. Stivers, Steve [R-OH-15]
OH • R
Sponsored 3/12/2020
Rep. Huizenga, Bill [R-MI-4]
MI • R
Sponsored 3/12/2020
Roll Call Votes
No roll call votes available for this bill.
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