HR 936 · 116th Congress · Finance and Financial Sector

Shareholders United Act of 2019

Introduced 2019-01-31· Sponsored by Rep. Raskin, Jamie [D-MD-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Committee on Financial Services, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.(2019-01-31)

Plain Language Summary

[AI summary unavailable — showing source text] Shareholders United Act of 2019 This bill requires an issuer of securities, in order to make a disbursement for a political purpose, to assess the preferences of shareholders in the year before the disbursement. If a majority of shareholders are prohibited from expressing partisan or political preferences by law, contract, or a requirement to meet a fiduciary duty, the issuer may not make such a disbursement.…

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

Cosponsors (16)

16 Democrats