John Boehner said "the act is not intended to apply to diversification provision in the indication of a nonpublicly traded employer with affiliates that have only a limited amount of publicly traded stock outstanding. In this special case, as in others that may arise, I would be pleased to work with my colleague to clarify the application of the provision to reflect this intent and to provide for flexibility that may be necessary to clarify the intent of the legislation." @ PoliticalQuotes.com

On the recordApril 11, 2002

the act is not intended to apply to diversification provision in the indication of a nonpublicly traded employer with affiliates that have only a limited amount of publicly traded stock outstanding. In this special case, as in others that may arise, I would be pleased to work with my colleague to clarify the application of the provision to reflect this intent and to provide for flexibility that may be necessary to clarify the intent of the legislation.

Said by

John Boehner

Ohio

Source

govinfo.gov

Editor's note · Context

Discussing the application of a legislative act regarding nonpublicly traded employers.

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