Corporate Management Accountability Act of 2019
USA116th CongressHR-4320| House
| Updated: 12/11/2019
Katie Porter
Democratic Representative
California
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Corporate Management Accountability Act of 2019 This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why such procedures are not necessary for the benefit of its shareholders.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 22.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 268.
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-337.
Commerce
Administrative law and regulatory proceduresBusiness recordsCivil actions and liabilityCorporate finance and managementSecuritiesSecurities and Exchange Commission (SEC)Wages and earnings
Corporate Management Accountability Act of 2019
USA116th CongressHR-4320| House
| Updated: 12/11/2019
Corporate Management Accountability Act of 2019 This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why such procedures are not necessary for the benefit of its shareholders.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 22.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 268.
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-337.
Katie Porter
Democratic Representative
California
Financial Services Committee
Commerce
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBusiness recordsCivil actions and liabilityCorporate finance and managementSecuritiesSecurities and Exchange Commission (SEC)Wages and earnings