,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #fcci ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #bc1 #bjbj,mr4 ,ca/5 ( ,ill9ois introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to tempor>ily ban /ock buybacks until ! impact ( ,,covid-#ai on ! ,am]ican f9ancial sy/em has end$4 #a4 ,tempor>y ban on /ock buybacks 7a7 ,9 g5]al ,x %all be unlawful = any issu]1 ! securities ( :i* are trad$ on a national securities ex*ange1 to pur*ase securities ( ! issu] dur+ ! p]iod beg9n+ on ! date ( enactm5t ( ?is ,act & end+ #abj days aft] ! end ( ! ,,covid-#ai em]g5cy p]iod4 7b7 ,e>ly t]m9ation ,! ,securities & ,ex*ange ,commission may t]m9ate ! prohibition "u subsection 7a7 aft] ! end ( ! ,,covid-#ai em]g5cy p]iod & be=e ! end ( ! #abj-;day p]iod describ$ "u subsection 7a71 if-- 7#a7 ! ,commission det]m9es su* t]m9ation is 9 ! public int]e/2 & 7#b7 imm$iately notifies ! ,congress & ! public ( su* det]m9ation & ! reason = su* det]m9ation1 includ+ on ! website ( ! ,commission4 7c7 ,en=cem5t2 rulemak+ 7#a7 ,9 g5]al ,! ,securities & ,ex*ange ,commission %all h ! au?ority to en=ce ?is ,act & may issue su* rules z may be necess>y to c>ry out ?is ,act4 7#b7 ,commission vot+ ,any action tak5 by ! ,commission pursuant to ?is section may only be tak5 ^u a unanim\s vote ( ! commission]s4 7d7 ,def9itions ,9 ?is section3 7#a7 ,,covid-#ai em]g5cy p]iod ,! t]m ,,covid-#ai em]g5cy p]iod means ! p]iod t beg9s ^u ! date ( ! enactm5t ( ?is ,act & ends ^u ! date ( ! t]m9ation by ! ,f$]al ,em]g5cy ,managem5t ,ag5cy ( ! em]g5cy decl>$ on ,m>* #ac1 #bjbj1 by ! ,presid5t "u ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #daba et seq47 relat+ to ! ,coronavirus ,disease #bjai 7,,covid-#ai7 p&emic4 7#b7 ,o!r def9itions ,! t]ms issu]1 national securities ex*ange1 & security h ! mean+ giv5 ^? t]ms1 respectively1 "u section #c ( ! ,securities ,ex*ange ,act ( #aicd4