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United States · Bill · HR

H.R. 4863 (118th)

Shareholder Political Transparency Act of 2023

referredUnited States· United States Congress· EN

Introduced

25 July 2023

Last action

25 July 2023 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Rep. Foster, Bill [D-IL-11], Rep. Phillips, Dean [D-MN-3], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Raskin, Jamie [D-MD-8], Rep. Meng, Grace [D-NY-6], Rep. Crow, Jason [D-CO-6], Rep. Schakowsky, Janice D. [D-IL-9], Rep. García, Jesús G. "Chuy" [D-IL-4]

Subjects

Taxation

Source updated

24 July 2024

Taxation

Summary

Shareholder Political Transparency Act of 2023 This bill requires an issuer of securities to disclose information related to expenditures for political activities. Specifically, issuers must disclose quarterly any such expenditure, including by identifying any candidate the expenditure was made in relation to and any trade association or other tax-exempt organization that received dues or other payments that may be used for political activities. Annually, issuers must report on expenditures for political activities made in the previous year over $10,000 and information related to anticipated expenditures for the next year. The Government Accountability Office must report on the effectiveness of the Securities and Exchange Commission's oversight of these reporting and disclosure requirements.  

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 July 2023

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 25 July 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 25 July 2023

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 25 July 2023

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 25 July 2023

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 25 July 2023

    Open at official source

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Sponsors

Related records

Sources

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