118th Congress Finance and Financial Sector
H.R. 4655: Businesses Over Activists Act
Reported
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill prohibits the Securities and Exchange Commission (SEC) from compelling a publicly traded company to include a shareholder proposal or a discussion of a proposal in a proxy statement. Under current SEC rules, certain qualifying shareholder proposals must be included on a company's proxy statement. Proxy statements are provided to shareholders before shareholder meetings and contain disclosures required by the SEC.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Who scored on this bill
- 1Ralph Norman SponsorIntroduced, reported2 events+20
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Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Ralph Norman
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History
- Introduced in the House by Ralph Norman.
Show the full action history (6 actions)
- Reported (Amended) by the Committee on Financial Services. H. Rept. 118-326.
- Placed on the Union Calendar, Calendar No. 265.
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 21.
- Introduced in House
- Referred to the House Committee on Financial Services.