HR 4640
To authorize the exclusion of shareholder proposals from proxy or consent solicitation material if the subject matter of the shareholder proposal is environmental, social, or political.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill would allow companies to exclude shareholder proposals from their proxy statements if the proposals relate to environmental, social, or political issues. Currently, shareholders have the right to submit proposals on these topics and have them included in company communications. This legislation aims to give companies more control over the information they share with shareholders regarding these types of proposals. It’s intended to streamline proxy materials and reduce the volume of proposals related to these subjects.
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