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Bill > HR4640


US HR4640

US HR4640
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.


summary

Introduced
07/14/2023
In Committee
07/14/2023
Crossed Over
Passed
Dead
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)

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