To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a-8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue.
USA118th CongressHR-4657| House
| Updated: 7/14/2023
John W. Rose
Republican Representative
Tennessee
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill allows an issuer of securities to exclude a shareholder proposal from proxy statements despite the proposal relating to a significant social policy issue. Currently, an issuer may exclude a proposal if it deals with a matter relating to its ordinary business operations unless the proposal raises a significant social policy issue.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a-8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue.
USA118th CongressHR-4657| House
| Updated: 7/14/2023
This bill allows an issuer of securities to exclude a shareholder proposal from proxy statements despite the proposal relating to a significant social policy issue. Currently, an issuer may exclude a proposal if it deals with a matter relating to its ordinary business operations unless the proposal raises a significant social policy issue.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
John W. Rose
Republican Representative
Tennessee
Financial Services Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted