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- H.R.4790
H.R.4790: Shareholder Protection Act of 2010
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced March 9, 2010
- Latest Major Action Sept. 22, 2010
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
49 (All Democrats)
Bill Summary
Shareholder Protection Act of 2010 - (Sec. 3) Amends the Securities Exchange Act of 1934 to require that any solicitation of a proxy, consent, or authorization with respect to any security of an issuer: (1) describe the specific nature and total amount of expenditures proposed for political activities for the forthcoming fiscal year; and (2) provide for a separate shareholder vote to authorize such proposed expenditures. Prohibits an issuer...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
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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.
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Referred to House Financial Services
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Referred to House House Administration
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Committee Consideration and Mark-up Session Held.
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Ordered to be Reported (Amended) by the Yeas and Nays: 35 - 28.
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Reported (Amended) by the Committee on Financial Services. H. Rept. 111-620, Part I.
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Committee on House Administration discharged.
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Placed on the Union Calendar, Calendar No. 362.
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| March 9, 2010 |
Introduced in the House by Michael E. Capuano (D-Mass.) |