HR 4657
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.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill changes how companies can handle shareholder proposals. Currently, companies can exclude proposals about their regular business operations, but they must do so unless the proposal concerns a significant social policy issue. This legislation removes that restriction, allowing companies to exclude any shareholder proposal regardless of its subject matter. It aims to broaden the scope of what companies can determine is not relevant to their shareholders.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.