H.R. 936 · 116th Congress
Shareholders United Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
RaskinSponsor16 cosponsors · 16 D
D
Blumenauer
SC
D
Carbajal
HJ
D
Johnson
EN
D
Norton
MP
D
Pocan
HR
D
Rouda
JS
D
Schakowsky
DS
D
Soto
DC
D
Cicilline
GC
D
Cisneros
JH
D
Huffman
DH
D
Haaland
BL
D
Lee
AO
D
Ocasio-Cortez
BP
D
Pascrell
RT
D
Tlaib8 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires an issuer of securities, in order to make a disbursement for a political purpose, to assess the preferences of shareholders in the year before the disbursement.
What it does: CRS summary · Introduced in House · Jan 31, 2019
Shareholders United Act of 2019
This bill requires an issuer of securities, in order to make a disbursement for a political purpose, to assess the preferences of shareholders in the year before the disbursement. If a majority of shareholders are prohibited from expressing partisan or political preferences by law, contract, or a requirement to meet a fiduciary duty, the issuer may not make such a disbursement.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Shareholders United Act of 2019
Latest action (Jan 31, 2019): Referred to the Committee on Financial Services, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 31, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.