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United States · Bill · HR

H.R. 4655 (118th)

Businesses Over Activists Act

openUnited States· United States Congress· EN

Introduced

14 July 2023

Last action

Status

Placed on the Union Calendar, Calendar No. 265.

Sponsors

Subjects

Discovery layer

Source updated

27 May 2025

Summary

This bill prohibits the Securities and Exchange Commission (SEC) from compelling a publicly traded company to include a shareholder proposal or a discussion of a proposal in a proxy statement. Under current SEC rules, certain qualifying shareholder proposals must be included on a company's proxy statement. Proxy statements are provided to shareholders before shareholder meetings and contain disclosures required by the SEC.

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Documents

6 official files

Reported in House (text)

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Sources

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