S 3703
118th Congress
Senate
Finance and Financial Sector
RESPITE for Businesses Act
Introduced: January 31, 2024
Introduced by:
Hagerty, Bill
Republican
· Tennessee
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, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan 31, 2024
Introduced in Senate
Plain-English summary
Rejecting Extremist Shareholder Proposals that Inhibit and Thwart Enterprise for Businesses Act or the RESPITE for Businesses Act
This bill allows an issuer of securities to exclude a shareholder proposal from proxy statements despite whether the proposal relates to a significant social policy issue. Currently, an issuer may exclude a proposal if it deals with a matter relating to its ordinary business operations unless the proposal raises a significant social policy issue.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1