# 116-hr-8280: Gig Worker Equity Compensation Act

116-hr-8280, Gig Worker Equity Compensation Act, is a 116th Congress bill sponsored by Rep. McHenry, Patrick T. [R-NC-10] (R-NC); status Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8280
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-8280
- Congress: 116
- Title: Gig Worker Equity Compensation Act
- Status: Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2020-09-17
- Sponsor: Rep. McHenry, Patrick T. [R-NC-10] (R-NC)
- Cosponsors: 6
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Gig Worker Equity Compensation Act This bill 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. 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. 

## Cosponsors (6)

- Rep. Stivers, Steve [R-OH-15] (R-OH), 2020-09-17T00:00:00.000Z
- Rep. Huizenga, Bill [R-MI-4] (R-MI), 2020-09-22T00:00:00.000Z
- Rep. Gonzalez, Anthony [R-OH-16] (R-OH), 2020-09-22T00:00:00.000Z
- Rep. Garcia, Mike [R-CA-25] (R-CA), 2020-09-22T00:00:00.000Z
- Rep. Kelly, Trent [R-MS-1] (R-MS), 2020-09-22T00:00:00.000Z
- Rep. Steil, Bryan [R-WI-1] (R-WI), 2020-10-01T00:00:00.000Z

## Related bills

- 116-hr-4305: PAWS for Veterans Therapy Act
- 116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act
- 116-hr-6742: Protecting Life in Crisis Act
- 116-hr-6116: Consumer Financial Protection Commission Act
- 116-hr-4692: Countering Turkish Aggression Act of 2019
- 116-hr-7278: JUSTICE Act

## Sources
- [116-hr-8280 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8280)

## Related
- [116-hr-4305: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/116-hr-4305)
- [116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-2423)
- [116-hr-6742: Protecting Life in Crisis Act](https://policyrisk.com/legislation/116-hr-6742)
- [116-hr-6116: Consumer Financial Protection Commission Act](https://policyrisk.com/legislation/116-hr-6116)
- [116-hr-4692: Countering Turkish Aggression Act of 2019](https://policyrisk.com/legislation/116-hr-4692)
- [116-hr-7278: JUSTICE Act](https://policyrisk.com/legislation/116-hr-7278)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8280 (as of 2025-11-18).