HR 887 · 106th Congress · Finance and Financial Sector
To amend the Securities and Exchange Act of 1934 to require improved disclosure of corporate charitable contributions, and for other purposes.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Committee Consideration and Mark-up Session Held.(2000-03-15)
Plain Language Summary
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Amends the Securities Exchange Act of 1934 to mandate that: (1) the proxy statement or other documents accompanying any proxy, consent, or authorization solicited by an issuer of registered securities prior to any annual shareholder meeting include a disclosure of the issuer's contributions during the preceding fiscal year to any non-profit organization of which a director, officer, or controlling person of the issuer (or spouse thereof) was a director or trustee, including the identity of each recipient and the value of the contribution; (2) such issuer annually make available the total value of contributions made to nonprofit organizations during its previous fiscal year; and (3) such issuer identify the recipient and value of contributions in excess of any amount designated by the Securities Exchange Commission.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
1 Democrat3 Republicans