H.R. 4641 · 118th Congress
Performance over Politics Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
FitzgeraldSponsorNo cosponsors.
This bill allows an issuer of securities to exclude a shareholder proposal from its proxy materials if that proposal addresses the same subject matter as a previously offered proposal. The bill provides time frames and voting percentages for the previously offered proposal that, if applicable, allow an issuer to exclude the new shareholder proposal.
What it does: CRS summary · Introduced in House · Jul 14, 2023
Performance over Politics Act
This bill allows an issuer of securities to exclude a shareholder proposal from its proxy materials if that proposal addresses the same subject matter as a previously offered proposal. The bill provides time frames and voting percentages for the previously offered proposal that, if applicable, allow an issuer to exclude the new shareholder proposal.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Performance over Politics Act
Latest action (Jul 14, 2023): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jul 14, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.