HR 936 · 116th Congress · Finance and Financial Sector
Shareholders United Act of 2019
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: 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
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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