US Congress House Bill 5929 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 20-0)
Status: Introduced on February 21 2020 - 25% progression, died in chamber
Action: 2020-12-08 - Placed on the Union Calendar, Calendar No. 517.
Text: Latest bill text (Introduced) [PDF]

Requires an issuer of securities to disclose information related to expenditures for political activities. Specifically, issuers must disclose quarterly any such expenditure, including by identifying any candidate the expenditure was made in relation to and any trade association or other tax exempt organization that received dues or other payments that may be used for political activities. Annually, issuers must report on expenditures for political activities made in the previous year over $10,000 and information related to anticipated expenditures for the next year. The Government Accountability Office must report on the effectiveness of the Securities and Exchange Commission's oversight of these reporting and disclosure requirements.

Shareholder Political Transparency Act of 2020

Rep. Bill Foster [D-IL]	Sen. Peter Welch [D-VT]	Rep. Eleanor Norton [D-DC]	Rep. Janice Schakowsky [D-IL]
Rep. Nydia Velazquez [D-NY]	Rep. Peter DeFazio [D-OR]	Rep. Salud Carbajal [D-CA]	Rep. Grace Meng [D-NY]
Rep. Tom Malinowski [D-NJ]	Rep. Jerrold Nadler [D-NY]	Rep. Dean Phillips [D-MN]	Rep. Jason Crow [D-CO]
Rep. Jamie Raskin [D-MD]	Rep. Denny Heck [D-WA]	Rep. Emanuel Cleaver [D-MO]	Rep. Stephen Lynch [D-MA]
Rep. Jesus Garcia [D-IL]	Rep. Ed Perlmutter [D-CO]	Rep. Mike Quigley [D-IL]	Rep. Matthew Cartwright [D-PA]

Date	Chamber	Action
2020-12-08	House	Placed on the Union Calendar, Calendar No. 517.
2020-12-08	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 116-632.
2020-02-28	House	Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.
2020-02-28	House	Committee Consideration and Mark-up Session Held.
2020-02-27	House	Committee Consideration and Mark-up Session Held.
2020-02-21	House	Referred to the House Committee on Financial Services.
2020-02-21	House	Introduced in House

HB4491 (Related) 2019-09-25 - Referred to the House Committee on Financial Services.
SB949 (Related) 2019-03-28 - Read twice and referred to the Committee on Finance.
SB1630 (Related) 2019-05-23 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/5929/all-info
Text	https://www.congress.gov/116/bills/hr5929/BILLS-116hr5929ih.pdf
Text	https://www.congress.gov/116/bills/hr5929/BILLS-116hr5929rh.pdf