H.R. 5756
IntroducedTo require the Securities and Exchange Commission to adjust certain resubmission thresholds for shareholder proposals.
Latest Action
Placed on the Union Calendar, Calendar No. 700.
8/24/2018 • House
Summary
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.)
Introduced in House • 5/10/2018
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (1)
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Bill Journey
Originated in the House
Introduced
May 10, 2018
Committee Review
June 7, 2018
Ordered to be Reported by the Yeas and Nays: 34 - 22.
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law