S 3831 · 119th Congress · Finance and Financial Sector

Enhancing Multi-Class Share Disclosures Act

Introduced 2026-02-11· Sponsored by Sen. Gallego, Ruben [D-AZ]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2026-02-11)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3831 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3831 To amend the Securities Exchange Act of 1934 to require issuers with a multi-class stock structure to make certain disclosures in any proxy or consent solicitation material, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 11, 2026 Mr. Gallego (for himself and Mr. Rounds) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To amend the Securities Exchange Act of 1934 to require issuers with a multi-class stock structure to make certain disclosures in any proxy or consent solicitation material, 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 ``Enhancing Multi-Class Share Disclosures Act''. SEC. 2. DISCLOSURE RELATING TO MULTI-CLASS SHARE STRUCTURES.…

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

Cosponsors (1)

1 Republican