Bill
Bill > HR5756
US HR5756
US HR5756To require the Securities and Exchange Commission to adjust certain resubmission thresholds for shareholder proposals.
summary
Introduced
05/10/2018
05/10/2018
In Committee
06/07/2018
06/07/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
To require the Securities and Exchange Commission to adjust certain resubmission thresholds for shareholder proposals.
AI Summary
This bill requires the Securities and Exchange Commission (SEC) to adjust certain resubmission thresholds for shareholder proposals. Specifically, it directs the SEC to increase the thresholds for the percentage of votes a shareholder proposal must receive to be eligible for resubmission in subsequent years. The bill increases the thresholds from 3% to 6% for the first resubmission, from 6% to 15% for the second resubmission, and from 10% to 30% for the third and subsequent resubmissions.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Placed on the Union Calendar, Calendar No. 700. (on 08/24/2018)
Official Document
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