Shareholders United Act of 2019

Bill Number

HR 936

Introduced

Jan 31, 2019

Latest Action

Referred to the Committee on Financial Services, and in addition to the Committee on House Administration, for a period ...

Sponsor

Cosponsors

Topics

Business ethics Corporate finance and management Elections, voting, political campaign regulation Finance and Financial Sector Public participation and lobbying Securities

Full Text

View Full Bill Text

Votes

Summary

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.

Actions

Jan 31, 2019

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.
Jan 31, 2019

Introduced in House

Amendments

Related Bills