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HR 4863 118th Congress House Finance and Financial Sector

Shareholder Political Transparency Act of 2023

Introduced: July 25, 2023 Introduced by: Foster, Bill Democratic · Illinois See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 25, 2023
Referred to the House Committee on Financial Services.
Jul 25, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Shareholder Political Transparency Act of 2023

This bill requires an issuer of securities to disclose information related to expenditures for political activities. Specifically, issuers must disclose quarterly any such expenditure, including by identifying any candidate the expenditure was made in relation to and any trade association or other tax-exempt organization that received dues or other payments that may be used for political activities. Annually, issuers must report on expenditures for political activities made in the previous year over $10,000 and information related to anticipated expenditures for the next year.

The Government Accountability Office must report on the effectiveness of the Securities and Exchange Commission's oversight of these reporting and disclosure requirements.  

What's happening now July 25, 2023

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 6
D
García, Jesús G. "Chuy"
Illinois · Sep 1, 2023
 D
Crow, Jason
Colorado · Jul 25, 2023
 D
Meng, Grace
New York · Jul 25, 2023
 D
Norton, Eleanor Holmes
District of Columbia · Jul 25, 2023
Phillips, Dean
· Jul 25, 2023
 D
Raskin, Jamie
Maryland · Jul 25, 2023
 D
Schakowsky, Janice D.
Illinois · Jul 25, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4863: Shareholder Political Transparency Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4863/
MLA
"H.R. 4863: Shareholder Political Transparency Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4863/.
Bluebook (legal)
H.R. 4863, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4863/.
Markdown link
[H.R. 4863: Shareholder Political Transparency Act of 2023](https://openamerica.io/bill/118-HR-4863/)
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