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    <number>4657</number>
    <updateDate>2025-05-27T14:15:09Z</updateDate>
    <updateDateIncludingText>2025-05-27T14:15:09Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2023-07-14</introducedDate>
    <congress>118</congress>
    <cdata>
      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 121 (Friday, July 14, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. ROSE:H.R. 4657.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8The single subject of this legislation is:Shareholder Proposals[Page H3613]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred To</name>
            <date>2023-07-14T13:00:05Z</date>
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    <relatedBills>
      <item>
        <title>Protecting Americans’ Retirement Savings from Politics Act</title>
        <congress>118</congress>
        <number>4767</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2023-12-19</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 263.</text>
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        <actionDate>2023-07-14</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionCode>H11100</actionCode>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        <actionDate>2023-07-14</actionDate>
        <text>Introduced in House</text>
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        <actionDate>2023-07-14</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <bioguideId>R000612</bioguideId>
        <fullName>Rep. Rose, John W. [R-TN-6]</fullName>
        <firstName>John</firstName>
        <lastName>Rose</lastName>
        <party>R</party>
        <state>TN</state>
        <middleName>W.</middleName>
        <district>6</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-08-22T17:45:24Z</updateDate>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-07-14</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2024-05-18T01:20:39Z</updateDate>
        <cdata>
          <text>&lt;p&gt;This bill allows an issuer of securities to exclude a shareholder proposal from proxy statements despite the proposal relating to a significant social policy issue. Currently, an issuer may exclude a proposal if it deals with a matter relating to its ordinary business operations unless the proposal raises a significant social policy issue.&amp;nbsp;&lt;/p&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a-8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue.</title>
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        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a-8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue.</title>
        <updateDate>2024-07-24T15:21:00Z</updateDate>
      </item>
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        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a-8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue.</title>
        <updateDate>2024-03-18T21:09:33Z</updateDate>
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        <date>2023-07-14T04:00:00Z</date>
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    <latestAction>
      <actionDate>2023-07-14</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <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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