Skip to main content
HR 936 116th Congress House Finance and Financial Sector Business ethics Corporate finance and management Elections, voting, political campaign regulation Public participation and lobbying Securities

Shareholders United Act of 2019

Introduced: January 31, 2019 Introduced by: Raskin, Jamie Democratic · Maryland See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 31, 2019
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.
Jan 31, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Shareholders United Act of 2019

This bill requires an issuer of securities, in order to make a disbursement for a political purpose, to assess the preferences of shareholders in the year before the disbursement. If a majority of shareholders are prohibited from expressing partisan or political preferences by law, contract, or a requirement to meet a fiduciary duty, the issuer may not make such a disbursement.

What's happening now January 31, 2019

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.

 Committees of jurisdiction 2