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HR 4015 115th Congress House Finance and Financial Sector Administrative remedies Business ethics Competition and antitrust Corporate finance and management Government information and archives Licensing and registrations Securities Securities and Exchange Commission (SEC)

Corporate Governance Reform and Transparency Act of 2017

Introduced: October 11, 2017 See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 22 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 6, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-455.
Jun 28, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.
Dec 21, 2017
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 20, 2017
Motion to reconsider laid on the table Agreed to without objection.
Dec 20, 2017
On passage Passed by the Yeas and Nays: 238 - 182 (Roll no. 702). (text: CR H10313-10315)
Dec 20, 2017
On motion to recommit with instructions Failed by the Yeas and Nays: 189 - 231 (Roll no. 701).
Dec 20, 2017
POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit with instructions, the Chair put the question on the motion and by voice vote, announced that the noes had prevailed. Mr. Sarbanes demanded the yeas and nays and the Chair postponed further proceedings on the motion to recommit with instructions until a time to be announced.
Dec 20, 2017
The previous question on the motion to recommit with instructions was ordered without objection.
Dec 20, 2017
DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to exempt proxy voting recommendations on shareholder proposals related to political campaign contributions of a company.
Dec 20, 2017
Mr. Sarbanes moved to recommit with instructions to the Committee on Financial Services. (text: CR H10328)
Dec 20, 2017
The previous question was ordered pursuant to the rule.
Dec 20, 2017
DEBATE - The House proceeded with one hour of debate on H.R. 4015.
Dec 20, 2017
Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate for each bill. The amendment in the nature of a substitute printed in H.R. 2396 shall be considered as adopted. The rule also makes in order the amendment printed in the report. An amendment in the nature of a substitute to H.R. 4015 consisting of Rules Committee Print 115-46, shall be considered as adopted.
Dec 20, 2017
Considered under the provisions of rule H. Res. 657. (consideration: CR H10313-10330)
Dec 13, 2017
Rule H. Res. 657 passed House.
Dec 12, 2017
Rules Committee Resolution H. Res. 657 Reported to House. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate for each bill. The amendment in the nature of a substitute printed in H.R. 2396 shall be considered as adopted. The rule also makes in order the amendment printed in the report. An amendment in the nature of a substitute to H.R. 4015 consisting of Rules Committee Print 115-46, shall be considered as adopted.
Dec 7, 2017
Placed on the Union Calendar, Calendar No. 333.
Dec 7, 2017
Reported by the Committee on Financial Services. H. Rept. 115-451.
Nov 15, 2017
Ordered to be Reported by the Yeas and Nays: 40 - 20.
Nov 15, 2017
Committee Consideration and Mark-up Session Held.
Oct 11, 2017
Referred to the House Committee on Financial Services.
Oct 11, 2017
Introduced in House
 Votes taken on this bill 2
DateChamberWhat was voted onResultYes–No
Dec 20, 2017 House · vote #702 On Passage Passed 238–182 See who voted →
Dec 20, 2017 House · vote #701 On Motion to Recommit with Instructions Failed 189–231 See who voted →
 Amendments to this bill 1

Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.

AmendmentSponsorPurposeStatusLatest action
HAMDT 506 — Pursuant to the provisions of H.Res. 657, the amendment in the nature of a substitute consisting of the text … Pending —
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 Plain-English summary Congressional Research Service

Corporate Governance Reform and Transparency Act of 2017

(Sec. 3) This bill amends the Securities Exchange Act of 1934 to: (1) require a proxy advisory firm to register with the Securities and Exchange Commission (SEC); and (2) prohibit an unregistered proxy advisory firm from using interstate commerce to provide proxy-voting research, analysis, or recommendations to any client.

With respect to such firms, the bill: (1) establishes procedures for both registration and termination of registration; (2) requires each firm to employ an ombudsman, designate a compliance officer, and file specified documents with the SEC; and (3) prohibits unfair, coercive, or abusive practices.

(Sec. 4) The SEC shall report annually on its website regarding registration applications and related matters.

What's happening now December 6, 2018

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-455.

 Related & companion bills 2
  • HR 10 Related bill Financial CHOICE Act of 2017
  • HRES 657 Procedurally related Providing for consideration of the bill (H.R. 2396) to amend the Gramm-Leach-Bliley Act to update the exception for cer…
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 1
D
Meeks, Gregory W.
New York · Nov 9, 2017
SMITH, LAMAR
· Oct 27, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4015: Corporate Governance Reform and Transparency Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4015/
MLA
"H.R. 4015: Corporate Governance Reform and Transparency Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4015/.
Bluebook (legal)
H.R. 4015, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4015/.
Markdown link
[H.R. 4015: Corporate Governance Reform and Transparency Act of 2017](https://openamerica.io/bill/115-HR-4015/)
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