Empowering Shareholders Act of 2026

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8265 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8265 To amend the Investment Advisers Act of 1940 to establish requirements for proxy voting of passively managed funds, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 14, 2026 Mr. Huizenga introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Investment Advisers Act of 1940 to establish requirements for proxy voting of passively managed funds, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Empowering Shareholders Act of 2026''. SEC. 2. PROXY VOTING OF PASSIVELY MANAGED FUNDS. (a) In General.--The Investment Advisers Act of 1940 (15 U.S.C. 80b-1 et seq.) is amended by inserting after section 208 (15 U.S.C. 80b-8) the following: ``SEC. 208A. PROXY VOTING OF PASSIVELY MANA…