H.R. 4641 · 118th Congress

Performance over Politics Act

Stage
In committee
Introduced
2023-07-14
Latest action
2023-07-14 · Introduced in House

Summary

Performance over Politics Act

This bill allows an issuer of securities to exclude a shareholder proposal from its proxy materials if that proposal addresses the same subject matter as a previously offered proposal. The bill provides time frames and voting percentages for the previously offered proposal that, if applicable, allow an issuer to exclude the new shareholder proposal.