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- H.R.376
H.R.376: Shareholder Protection Act of 2017
About This Bill
- Introduced Jan. 9, 2017
- Latest Major Action Jan. 9, 2017
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
38 (All Democrats)
Bill Version
- Introduced in House - Jan. 9, 2017
Bill Summary
Shareholder Protection Act of 2017 This bill amends the Securities Exchange Act of 1934 to require shareholder authorization with respect to certain political expenditures by an issuer. A violation of this requirement shall be considered a breach of fiduciary duty, and the officers and directors who authorized the expenditure shall be subject to joint and several liability. The Securities and Exchange Commission must direct the national...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Jan. 9, 2017 |
Referred to the House Committee on Financial Services.
|
Jan. 9, 2017 |
Introduced in the House by Michael E. Capuano (D-Mass.) |