To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a–8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue.
About This Bill
Committee
Latest Action · July 14, 2023
Referred to the House Committee on Financial Services.
This bill allows an issuer of securities to exclude a shareholder proposal from proxy statements despite the proposal relating to a significant social policy issue. Currently, an issuer may exclude a proposal if it deals with a matter relating to its ordinary business operations unless the proposal raises a significant social policy issue.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.