Corporate Management Accountability Act of 2019
Latest action · Dec 11, 2019 Placed on the Union Calendar, Calendar No. 268.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 12, 2019
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors
Members who signed on, in the order they did.
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Sep 12, 2019Markup Sep 20, 2019Reported Dec 12, 2019 |
Actions 8
Everything that happened, newest first.
- Dec 11, 2019Reported (Amended) by the Committee on Financial Services. H. Rept. 116-337.
- Dec 11, 2019Placed on the Union Calendar, Calendar No. 268.
- Sep 20, 2019Committee Consideration and Mark-up Session Held.
- Sep 20, 2019Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 22.
- Sep 19, 2019Committee Consideration and Mark-up Session Held.
- Sep 18, 2019Committee Consideration and Mark-up Session Held.
- Sep 12, 2019Introduced in House
- Sep 12, 2019Referred to the House Committee on Financial Services.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimate
- Nov 7, 2019H.R. 4320, Corporate Management Accountability Act of 2019As ordered reported by the House Committee on Financial Services on September 20, 2019
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 165, no. 146, September 12, 2019, page H7706.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 116-80 | BIOLOGICAL RESEARCH AT THE DEPARTMENT OF ENERGY: LEVERAGING DOE'S UNIQUE CAPABILITIES TO RESPOND TO THE COVID-19 PANDEMIC84 pages | Science, Space, and Technology Committee | Sep 11, 2020 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1885 | Corporate Management Accountability Act of 2019 | Related bill | Jun 18, 2019 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To ensure that irresponsible corporate executives, rather than shareholders, pay fines and penalties.
- Short Title(s) as Introduced
- Corporate Management Accountability Act of 2019
- Short Title(s) as Reported to House
- Corporate Management Accountability Act of 2019
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 2
Each version as it was printed, newest first.
- Dec 11, 2019Reported in House
- Sep 12, 2019Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
