HR 4320 · 116th Congress · Commerce

Corporate Management Accountability Act of 2019

Introduced 2019-09-12· Sponsored by Rep. Porter, Katie [D-CA-45]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 268.(2019-12-11)

Plain Language Summary

[AI summary unavailable — showing source text] Corporate Management Accountability Act of 2019 This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why such procedures are not necessary for the benefit of its shareholders.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 4320, Corporate Management Accountability Act of 2019

Nov 7, 2019

As ordered reported by the House Committee on Financial Services on September 20, 2019

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office