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H.R. 4015: Corporate Governance Reform and Transparency Act of 2017

About the bill

Source: Republican Policy Committee

H.R. 4015 enhances transparency in the shareholder proxy systems by requiring proxy advisory firms to register with the Securities and Exchange Commission (SEC), disclose potential conflicts of interest and codes of ethics, and make publicly available their methodologies for formulating proxy recommendation and analyses.

Each year, public companies hold shareholder meetings at which the company’s shareholders vote for the company’s directors and on other significant corporate actions that require shareholder approval. As part of this annual process, the SEC requires public companies to provide their shareholders with ...

Sponsor and status

Sean Duffy

Sponsor. Representative for Wisconsin's 7th congressional district. Republican.

Read Text »
Last Updated: Dec 21, 2017
Length: 21 pages
Introduced:

Oct 11, 2017

Status:

Passed House (Senate next) on Dec 20, 2017

This bill passed in the House on December 20, 2017 and goes to the Senate next for consideration.

Prognosis:

29% chance of being enacted according to Skopos Labs (details)

History

Oct 11, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Nov 14, 2017
 
Considered by House Committee on Financial Services

A committee held a hearing or business meeting about the bill.

Nov 15, 2017
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Dec 7, 2017
 
On House Schedule

The House indicated that this bill would be considered in the week ahead.

Dec 7, 2017
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

Dec 20, 2017
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

Pending
 
Passed Senate

Pending
 
Signed by the President

H.R. 4015 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

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“H.R. 4015 — 115th Congress: Corporate Governance Reform and Transparency Act of 2017.” www.GovTrack.us. 2017. June 24, 2018 <https://www.govtrack.us/congress/bills/115/hr4015?utm_campaign=govtrack_feed&utm_source=govtrack/feed&utm_medium=rss>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.