,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #hbhj  ,,in ,,the ,,house ,,of  
,,representatives  ,september #ag1      
#bjbj,mr4 ,mc,henry 7for himself and    
,mr4 ,stivers7 introduced the following 
bill2 which was referred to the         
,committee on ,financial ,services1 and 
in addition to the ,committee on        
,education and ,labor1 for a period to  
be subsequently determined by the       
,speaker1 in each case for consideration
 of such provisions as fall within the  
jurisdiction of the committee concerned 
,a ,,bill  ,to require the ,securities  
and ,exchange ,commission to extend     
exemptions for securities offered as    
part of employee pay to other           
individuals providing goods for sale1   
labor1 or services for remuneration1 to 
preempt certain provisions of ,state law
 with respect to wage rates and         
benefits1 and for other purposes4  #a4  
,short title ,this ,act may be cited as 
the ,gig ,worker ,equity ,compensation  
,act4  #b4 ,extension of ,rule #gja  7a7

 ,in general ,the exemption provided    
under section #bcj4gja of title #ag1    
,code of ,federal ,regulations1 shall   
apply to individuals 7other than        
employees7 providing goods for sale1    
labor1 or services for remuneration to  
either an issuer or to customers of an  
issuer to the same extent as such       
exemptions apply to employees of the    
issuer4 ,for purposes of the previous   
sentence1 the term customers may1 at the
 election of an issuer1 include users of
 the issuer's platform4  7b7 ,adjustment
 for inflation ,the ,securities and     
,exchange ,commission shall annually    
adjust the dollar figure under section  
#bcj4gja7;e7 of title #ag1 ,code of     
,federal ,regulations1 to reflect the   
percentage change in the ,consumer      
,price ,index for ,all ,urban ,consumers
 published by the ,bureau of ,labor     
,statistics of the ,department of       
,labor4  7c7 ,rulemaking ,the           
,securities and ,exchange ,commission-- 
7#a7 shall revise section #bcj4gja of   

title #ag1 ,code of ,federal            
,regulations1 to reflect the            
requirements of this section2 and  7#b7 
may not revise such section #bcj4gja in 
any manner that would have the effect of
 restricting access to equity           
compensation for employees or           
individuals described under subsection  
7a74  #c4 ,preemption of certain        
provisions of ,state law ,any provision 
of a ,state law with respect to wage    
rates or benefits that creates a        
presumption that an individual providing
 goods for sale1 labor1 or services for 
remuneration for a person is an employee
 of such person under such law is       
preempted4  #d4 ,,gao study ,not later  
than the end of the #c-year period      
beginning on the date of enactment of   
this ,act1 the ,comptroller ,general of 
the ,united ,states shall carry out a   
study on the effects of this ,act and   
submit a report on such study to the    
,congress4