Bill
Bill > HR4640
US HR4640
US HR4640To authorize the exclusion of shareholder proposals from proxy or consent solicitation material if the subject matter of the shareholder proposal is environmental, social, or political.
summary
Introduced
07/14/2023
07/14/2023
In Committee
07/14/2023
07/14/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To authorize the exclusion of shareholder proposals from proxy or consent solicitation material if the subject matter of the shareholder proposal is environmental, social, or political.
AI Summary
This bill would authorize companies to exclude certain shareholder proposals from their proxy materials if the proposals deal with environmental, social, or political issues. Specifically, it would allow companies to exclude shareholder proposals submitted under SEC Rule 14a-8 if the subject matter is related to environmental, social, or political matters (or similar topics). This would give companies more discretion to decide which shareholder proposals they include in their proxy materials for shareholder meetings.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to the House Committee on Financial Services. (on 07/14/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/4640/all-info |
| BillText | https://www.congress.gov/118/bills/hr4640/BILLS-118hr4640ih.pdf |
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