Shareholders United Act of 2019

United States116th CongressHR-936House of Representatives
Updated: Jan 31, 2019

Summary

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.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

  1. Introduced in House

  2. 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.

    House of Representatives

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