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H.R. 6322: Enhancing Multi-Class Stock Disclosures Act

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To amend the Securities Exchange Act of 1934 to require issuers with a multi-class stock structure to make certain disclosures in any proxy or consent solicitation material, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Gregory Meeks

Sponsor. Representative for New York's 5th congressional district. Democrat.

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Last Updated: Jul 31, 2018
Length: 6 pages
Introduced:

Jul 10, 2018

Status:

Ordered Reported on Jul 11, 2018

The committees assigned to this bill sent it to the House or Senate as a whole for consideration on July 11, 2018.

Prognosis:

41% chance of being enacted according to Skopos Labs (details)

What stakeholders are saying

Institute for Spending Reform: SpendingTracker.org estimates H.R. 6322 will add $1 million in new spending through 2023.

History

Jul 10, 2018
 
Introduced

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

Jul 11, 2018
 
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.

Jul 31, 2018
 
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.

If this bill has further action, the following steps may occur next:
 
Passed House

 
Passed Senate

 
Signed by the President

H.R. 6322 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.

How to cite this information.

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“H.R. 6322 — 115th Congress: Enhancing Multi-Class Stock Disclosures Act.” www.GovTrack.us. 2018. November 16, 2018 <https://www.govtrack.us/congress/bills/115/hr6322>

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.