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House Bill 4640
118th Congress(2023-2024)
To authorize the exclusion of shareholder proposals from proxy or consent solicitation material if the subject matter of the shareholder proposal is environmental, social, or political.
Introduced
Introduced
Introduced in House on Jul 14, 2023
Overview
Text
Introduced in House 
Jul 14, 2023
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Introduced in House(Jul 14, 2023)
Jul 14, 2023
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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H. R. 4640 (Introduced-in-House)


118th CONGRESS
1st Session
H. R. 4640


To authorize the exclusion of shareholder proposals from proxy or consent solicitation material if the subject matter of the shareholder proposal is environmental, social, or political.

IN THE HOUSE OF REPRESENTATIVES

July 14, 2023

Mr. Donalds introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To authorize the exclusion of shareholder proposals from proxy or consent solicitation material if the subject matter of the shareholder proposal is environmental, social, or political.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Exclusion of certain ESG shareholder proposals.

A shareholder proposal submitted to an issuer pursuant to section 240.14a–8 of title 17, Code of Federal Regulations, may be excluded by an issuer from its proxy or consent solicitation material for a meeting of the shareholders of such issuer if the subject matter of the shareholder proposal is environmental, social, or political (or a similar subject matter).