3.0.0 3357 2026-03-22T21:55:21Z 2026-03-22T21:55:21Z House H HR 2025-05-13 119 https://www.congress.gov/bill/119th-congress/house-bill/3357 <pre>[Congressional Record Volume 171, Number 80 (Tuesday, May 13, 2025)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. MEEKS:H.R. 3357.Congress has the power to enact this legislation pursuantto the following:Article I of the Constitution[Page H2001]</pre> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2025-07-24T16:43:46Z hsba00 Financial Services Committee House Standing Reported By 2025-06-03T16:52:25Z Markup By 2025-05-20T20:12:00Z Referred To 2025-05-13T16:06:45Z H. Rept. 119-120 Enhancing Multi-Class Share Disclosures Act 119 3831 S 2026-02-11 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2025-07-24 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2025-07-23 15:58:29 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2025-07-23 15:58:28 On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 381 - 31 (Roll no. 217). (text: 07/21/2025 CR H3508) Floor H37300 2 House floor actions 217 https://clerk.house.gov/evs/2025/roll217.xml House 119 2025-07-23T19:58:28Z 1 2025-07-23 15:58:28 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 381 - 31 (Roll no. 217). (text: 07/21/2025 CR H3508) Floor 8000 9 Library of Congress 217 https://clerk.house.gov/evs/2025/roll217.xml House 119 2025-07-23T19:58:28Z 1 2025-07-23 15:30:34 Considered as unfinished business. (consideration: CR H3621-3622) Floor H30000 2 House floor actions 2025-07-21 17:39:00 At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. Floor H37220 2 House floor actions 2025-07-21 17:30:33 DEBATE - The House proceeded with forty minutes of debate on H.R. 3357. Floor H8D000 2 House floor actions 2025-07-21 17:30:32 Considered under suspension of the rules. (consideration: CR H3508) Floor H30000 2 House floor actions 2025-07-21 17:30:14 Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2025-06-03 Placed on the Union Calendar, Calendar No. 90. Calendars H12410 2 House floor actions U00090 2025-06-03 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-120. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2025-06-03 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-120. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2025-05-20 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0. Committee 2025-05-20 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held Committee 2025-05-13 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2025-05-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2025-05-13 Introduced in House IntroReferral 1000 9 Library of Congress M001137 Rep. Meeks, Gregory W. [D-NY-5] Gregory Meeks D NY W. 5 N 2025-07-16T18:40:00Z H.R. 3357, Enhancing Multi-Class Share Disclosures Act https://www.cbo.gov/publication/61563 As reported by the House Committee on House Financial Services on June 3, 2025 Finance and Financial Sector Consumer affairs 2025-05-29T14:41:26Z Corporate finance and management 2025-05-29T14:41:26Z Financial services and investments 2025-05-29T14:41:26Z Securities 2025-05-29T14:41:26Z Finance and Financial Sector 2025-05-22T17:56:55Z 00 2025-05-13 Introduced in House 2025-07-18T18:58:56Z Enhancing Multi-Class Share Disclosures Act

This bill requires issuers of securities with multi-class share structures to disclose certain information in any proxy solicitation or consent solicitation material. A multi-class share structure occurs when a company issues two or more classes of shares that have different voting rights. For example, a company may issue one class of shares with no or few voting rights for the public, and another class with more voting rights for company founders and executives.

Under the bill, the issuer must disclose certain information about each director, director nominee, named executive officer, and each beneficial owner of securities with 5% or more of the total combined voting power of all classes of securities entitled to vote in the election of directors. Specifically, the issuer must disclose (1) the number of shares of all classes of securities entitled to vote in the election of directors beneficially owned by such person, and (2) the amount of voting power held by such person.

]]> Enhancing Multi-Class Share Disclosures Act Short Titles from RFS (Referred to Senate) bill text 255 Enhancing Multi-Class Share Disclosures Act 2025-07-26T03:23:25Z S Senate Referred in Senate RFS Short Title(s) as Passed House 104 Enhancing Multi-Class Share Disclosures Act 2025-07-24T02:08:21Z H House Engrossed in House EH Display Title 45 Enhancing Multi-Class Share Disclosures Act 2025-07-23T14:12:53Z Short Title(s) as Reported to House 102 Enhancing Multi-Class Share Disclosures Act 2025-06-04T05:53:17Z H House Reported in House RH Official Title as Introduced 6 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. 2025-05-15T06:12:51Z Introduced in House IH Short Title(s) as Introduced 101 Enhancing Multi-Class Share Disclosures Act 2025-05-15T06:08:15Z Introduced in House IH Referred in Senate 2025-07-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3357rfs/xml/BILLS-119hr3357rfs.xml Engrossed in House 2025-07-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3357eh/xml/BILLS-119hr3357eh.xml Reported in House 2025-06-03T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3357rh/xml/BILLS-119hr3357rh.xml Introduced in House 2025-05-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3357ih/xml/BILLS-119hr3357ih.xml 2025-07-24 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN 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. Congressional Research Service, Library of Congress 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.