[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5756 Introduced in House (IH)]

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115th CONGRESS
  2d Session
                                H. R. 5756

  To require the Securities and Exchange Commission to adjust certain 
           resubmission thresholds for shareholder proposals.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 10, 2018

  Mr. Duffy introduced the following bill; which was referred to the 
                    Committee on Financial Services

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                                 A BILL


 
  To require the Securities and Exchange Commission to adjust certain 
           resubmission thresholds for shareholder proposals.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. RESUBMISSION THRESHOLDS FOR SHAREHOLDER PROPOSALS.

    The Securities and Exchange Commission shall revise section 
240.14a-8(i)(12) of title 17, Code of Federal Regulations to--
            (1) in paragraph (i), adjust the 3 percent threshold to 6 
        percent;
            (2) in paragraph (ii), adjust the 6 percent threshold to 15 
        percent; and
            (3) in paragraph (iii), adjust the 10 percent threshold to 
        30 percent.
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