United States 119th Congress Status: In Committee 18 D cosponsors

HR 8612 — Reward Work Act

Last action — Referred to the House Committee on Financial Services.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced April 30, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 26% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 18 sponsors

    1 primary, 17 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (18 D).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

How this bill changes current law

3 changes Share ↗

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

This bill prohibits public companies from repurchasing their shares on the open market, mandates employee representation on corporate boards, and alters the SEC's regulatory framework.

  • 15 U.S.C. 78f

    No issuer may purchase an equity security of the issuer on a national securities exchange.

    Public companies are prohibited from buying back their own shares on national securities exchanges.

  • 15 U.S.C. 78l

    No issuer may register securities on a national exchange unless at least \1/3\ of the issuer's directors are chosen by the issuing company's employees in a one-employee-one-vote election process.

    Requires that one-third of a company's board of directors be elected by employees.

  • 17 C.F.R. § 240.10b-18

    Section 240.10b-18 of title 17, Code of Federal Regulations, shall have no force or effect.

    Nullifies the regulations allowing companies to repurchase shares under certain conditions.

Action History

  1. Introduced in House

  2. Introduced in House

  3. Referred to the House Committee on Financial Services.

Sponsors

Sponsorship breakdown

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1 sponsors · 17 co-sponsors · 529 not signed on

Sponsors (1)

Co-sponsors (17)

Not signed on (529)

529 members have not signed on to this bill.

Show all 529 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance labor education
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Frequently asked questions

Who sponsors HR 8612?
HR 8612 is sponsored by Khanna, Ro (Democratic), Hoyle, Val T. (Democratic), Pocan, Mark (Democratic), Casar, Greg (Democratic), Norton, Eleanor Holmes (Democratic), Johnson, Henry C. "Hank" (Democratic), Omar, Ilhan (Democratic), Grijalva, Adelita S. (Democratic), Watson Coleman, Bonnie (Democratic), Tlaib, Rashida (Democratic), Lee, Summer L. (Democratic), Jayapal, Pramila (Democratic), Ramirez, Delia C. (Democratic), Davis, Danny K. (Democratic), Schakowsky, Janice D. (Democratic), McGovern, James P. (Democratic), Carson, André (Democratic), and García, Jesús G. "Chuy" (Democratic).
What is the current status of HR 8612?
This bill is in committee in the House. Introduced April 30, 2026. It must pass committee before a floor vote.
Where can I track HR 8612?
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Last checked for changes 3 months ago · updated continuously

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