United States · Bill · HR
H.R. 1116 (113th)
End the Hijacking of Shareholder Funds Act
Introduced
13 March 2013
Last action
—
Status
Referred to the House Committee on Financial Services.
Sponsors
—
Subjects
Discovery layer
Source updated
12 August 2025
Summary
End the Hijacking of Shareholder Funds Act - Deems expenditure to influence public opinion by the officers and directors of a public company on matters not related to company products or services to be a breach of fiduciary duty if such expenditure has not been approved by a prior majority shareholder vote. Subjects such officers and directors to joint and several liability to any shareholder or class of shareholders for the amount of such an expenditure.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
No timeline events have been ingested for this record yet.
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 13 March 2013
Introduced in House (PDF)
Introduced in House · EN · 13 March 2013
Introduced in House
summary · EN · 13 March 2013
Sponsors
No sponsors or actors listed by the source.
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/113th-congress/house-bill/1116
- Open data entity: https://api.congress.gov/v3/bill/113/hr/1116