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- H.R.8521
H.R.8521: INDEX Act
About This Bill
- Introduced July 27, 2022
- Latest Major Action July 27, 2022
Bill Sponsor
Bill Version
- Introduced in House - July 27, 2022
Bill Summary
INvestor Democracy is EXpected Act or the INDEX Act This bill establishes guidelines for passively managed funds (e.g., index funds) that vote shares on behalf of fund investors in proxy shareholder votes. Under the bill, these funds generally must vote shares on a proportional basis according to instructions from fund investors. The bill establishes an exemption for routine matters and matters requiring approval of a majority of outstanding...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 27, 2022 |
Referred to the House Committee on Financial Services.
|
| July 27, 2022 |
Introduced in the House by Bill Huizenga (R-Mich.) |