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    <number>3088</number>
    <updateDate>2022-11-01T06:32:27Z</updateDate>
    <updateDateIncludingText>2022-11-01T06:32:27Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2019-06-04</introducedDate>
    <congress>116</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 165, Number 93 (Tuesday, June 4, 2019)][House]From the Congressional Record Online through the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]By Mr. DUFFY:H.R. 3088.Congress has the power to enact this legislation pursuantto the following:Article I, section 8, clause 1 (relating to the generalwelfare of the United States); and Article I, section 8,clause 3 (relating to the power to regulate interstatecommerce).[Page H4313]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2019-06-04T14:03:00Z</date>
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        <actionDate>2019-09-27</actionDate>
        <actionTime>11:29:15</actionTime>
        <text>ASSUMING FIRST SPONSORSHIP - Mr. Steil asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 3088, a bill originally introduced by Representative Duffy, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.</text>
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        <actionDate>2019-06-04</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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            <name>Financial Services Committee</name>
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        <text>Introduced in House</text>
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        <actionDate>2019-06-04</actionDate>
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        <bioguideId>D000614</bioguideId>
        <fullName>Rep. Duffy, Sean P. [R-WI-7]</fullName>
        <firstName>Sean</firstName>
        <lastName>Duffy</lastName>
        <party>R</party>
        <state>WI</state>
        <middleName>P.</middleName>
        <district>7</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
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          <name>Administrative law and regulatory procedures</name>
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          <name>Business records</name>
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          <name>Corporate finance and management</name>
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          <name>Securities and Exchange Commission (SEC)</name>
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        <name>Finance and Financial Sector</name>
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        <actionDate>2019-06-04</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2019-07-10T19:12:24Z</updateDate>
        <text><![CDATA[ <p><b>Shareholder Protection Act of 2019</b></p> <p>This bill directs the Securities and Exchange Commission to increase specified resubmission thresholds for shareholder proposals. (Current regulations allow the resubmission of a shareholder proposal that has been previously included in an issuer's proxy materials if, when the proposal was last included, it received a specified percentage of the vote; this percentage, which&nbsp;varies&nbsp;depending upon the number of times a proposal has been previously submitted, represents the minimum threshold at which resubmission is permissible.) </p>]]></text>
      </summary>
    </summaries>
    <title>Shareholder Protection Act of 2019</title>
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        <titleType>Display Title</titleType>
        <title>Shareholder Protection Act of 2019</title>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require the Securities and Exchange Commission to adjust certain resubmission thresholds for shareholder proposals.</title>
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        <title>Shareholder Protection Act of 2019</title>
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        <date>2019-06-04T04:00:00Z</date>
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    <latestAction>
      <actionDate>2019-09-27</actionDate>
      <text>ASSUMING FIRST SPONSORSHIP - Mr. Steil asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 3088, a bill originally introduced by Representative Duffy, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.</text>
      <actionTime>11:29:15</actionTime>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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