H.R. 5756 · 115th Congress
To require the Securities and Exchange Commission to adjust certain resubmission thresholds for shareholder…
Full title
To require the Securities and Exchange Commission to adjust certain resubmission thresholds for shareholder proposals.
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
DuffySponsorNo cosponsors.
This bill directs the Securities and Exchange Commission to raise the vote percentage amounts below which a company may exclude, from its proxy materials, resubmission of a shareholder proposal that previously failed passage.
What it does: CRS summary · Introduced in House · May 10, 2018
This bill directs the Securities and Exchange Commission to raise the vote percentage amounts below which a company may exclude, from its proxy materials, resubmission of a shareholder proposal that previously failed passage. (Shareholder proposals previously included in the issuer's proxy materials may be excluded by the company from subsequent proxy materials if the proposal received less than a specified percentage of the vote the last time it was included. The percentage varies depending upon the number of times the proposal has been submitted previously.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To require the Securities and Exchange Commission to adjust certain resubmission thresholds for shareholder proposals.
Latest action (Aug 24, 2018): Placed on the Union Calendar, Calendar No. 700.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 10, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.