HR 52 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill would change rules about what shareholder proposals companies must include in their proxy statements, which are documents sent to shareholders before company meetings. Currently, companies must include certain qualifying proposals, including those about social policy issues. Under this bill, shareholder proposals would only be required if they have a material effect on the company's financial performance. The bill would also limit the total number of shareholder proposals that must be included based on company size and type, and would not allow board members to submit proposals as shareholder proposals.
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