HR 4641
Performance over Politics Act
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Bill overview
The Performance over Politics Act aims to reduce the number of repetitive shareholder proposals submitted to companies. It allows companies to exclude new proposals that cover the same topics as previously submitted proposals, provided those previous proposals received low levels of shareholder support. This aims to streamline proxy materials and limit the volume of similar proposals presented to investors. The bill updates regulations to clarify the conditions under which a company can exclude a proposal.
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