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- S.1181
S.1181: Shareholder Vote on Executive Compensation Act
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced April 20, 2007
- Latest Major Action April 20, 2007
Bill Sponsor
Bill Cosponsors
8 (All Democrats)
Bill Summary
Shareholder Vote on Executive Compensation Act - Amends the Securities Exchange Act of 1934 to require a proxy, consent, or authorization for a shareholder meeting occurring on or after January 1, 2009, to permit a separate shareholder vote to approve executive compensation. States that such shareholder vote shall not be binding on the board of directors, nor construed: (1) as overruling a board decision; (2) to create or imply additional...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
|
| April 20, 2007 |
Introduced in the Senate by Barack Obama (D-Ill.) |