HR 5929 · 116th Congress 2019–2021, ended

Shareholder Political Transparency Act of 2020

Introduced Feb 21, 2020 Originated House Sponsor Bill Foster D-IL

Fact sheet

Latest action · Dec 8, 2020 Placed on the Union Calendar, Calendar No. 517.

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.

  1. IntroducedFeb 21, 2020
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Shareholder Political Transparency Act of 2020

This bill requires an issuer of securities to disclose information related to expenditures for political activities. Specifically, issuers must disclose quarterly any such expenditure, including by identifying any candidate the expenditure was made in relation to and any trade association or other tax exempt organization that received dues or other payments that may be used for political activities. Annually, issuers must report on expenditures for political activities made in the previous year over $10,000 and information related to anticipated expenditures for the next year.

The Government Accountability Office must report on the effectiveness of the Securities and Exchange Commission's oversight of these reporting and disclosure requirements.

Cosponsors 19

Members who signed on, in the order they did. Signatures ran from Feb 21, 2020 to Mar 3, 2020, with 11 there on the day it was introduced.

SeatCosponsorSigned on
D-MNDean PhillipsOriginalFeb 21, 2020
D-DCEleanor Holmes NortonOriginalFeb 21, 2020
D-NYGrace MengOriginalFeb 21, 2020
D-ILJanice D. SchakowskyOriginalFeb 21, 2020
D-COJason CrowOriginalFeb 21, 2020
D-NYJerrold NadlerOriginalFeb 21, 2020
D-NYNydia M. VelázquezOriginalFeb 21, 2020
D-ORPeter A. DeFazioOriginalFeb 21, 2020
D-VTPeter WelchOriginalFeb 21, 2020
D-CASalud O. CarbajalOriginalFeb 21, 2020
D-NJTom MalinowskiOriginalFeb 21, 2020
D-WADenny HeckFeb 25, 2020
D-MOEmanuel CleaverFeb 25, 2020
D-MDJamie RaskinFeb 25, 2020
D-MAStephen F. LynchFeb 25, 2020
Show all 19 cosponsors

Actions 7

Everything that happened, newest first.

  1. Dec 8, 2020Placed on the Union Calendar, Calendar No. 517.
  2. Dec 8, 2020Reported (Amended) by the Committee on Financial Services. H. Rept. 116-632.
  3. Feb 28, 2020Committee Consideration and Mark-up Session Held.
  4. Feb 28, 2020Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.
  5. Feb 27, 2020Committee Consideration and Mark-up Session Held.
Show all 7 actions

Related bills 3

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 949For the People Act of 2019Related billMar 28, 2019
S 1630Shareholder Protection Act of 2019Related billMay 23, 2019
HR 4491Shareholder Protection ActRelated billSep 25, 2019

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 2

Each version as it was printed, newest first.

  1. Dec 8, 2020Reported in House
  2. Feb 21, 2020Introduced in House

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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.