HR8612Referred to Committee
Reward Work Act
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2026-04-30
Introduced
2
Cosponsors
HR
ⓘType
Latest Action
Referred to the House Committee on Financial Services.
2026-04-30
Bill Summary
The proposal would ban large publicly traded companies from buying back their own stock on the open market, a practice companies currently use to return money to shareholders and boost stock prices. Supporters argue stock buybacks drain resources that could otherwise go toward worker wages, research, or other investments, while opponents contend the restrictions would limit companies' financial flexibility and shareholder returns. The measure would primarily affect major corporations and their investors, though it could indirectly influence how companies allocate their profits.
Read the full bill text
