US HB3088 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 4 2019 - 25% progression, died in chamber
Action: 2019-09-27 - ASSUMING FIRST SPONSORSHIP - Mr. Steil asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 3088, a bill originally introduced by Representative Duffy, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
Text: Latest bill text (Introduced) [PDF]

Summary

Directs the Securities and Exchange Commission to increase specified resubmission thresholds for shareholder proposals. (Current regulations allow the resubmission of a shareholder proposal that has been previously included in an issuer's proxy materials if, when the proposal was last included, it received a specified percentage of the vote; this percentage, which varies depending upon the number of times a proposal has been previously submitted, represents the minimum threshold at which resubmission is permissible.)

Tracking Information

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Title

Shareholder Protection Act of 2019

Sponsors

Rep. Sean Duffy [R-WI]

History

DateChamberAction
2019-09-27HouseASSUMING FIRST SPONSORSHIP - Mr. Steil asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 3088, a bill originally introduced by Representative Duffy, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
2019-06-04HouseReferred to the House Committee on Financial Services.
2019-06-04HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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