To amend the Securities and Exchange Act of 1934 to require improved disclosure of corporate charitable contributions, and for other purposes.

Summary

Amends the Securities Exchange Act of 1934 to mandate that: (1) the proxy statement or other documents accompanying any proxy, consent, or authorization solicited by an issuer of registered securities prior to any annual shareholder meeting include a disclosure of the issuer's contributions during the preceding fiscal year to any non-profit organization of which a director, officer, or controlling person of the issuer (or spouse thereof) was a director or trustee, including the identity of each recipient and the value of the contribution; (2) such issuer annually make available the total value of contributions made to nonprofit organizations during its previous fiscal year; and (3) such issuer identify the recipient and value of contributions in excess of any amount designated by the Securities Exchange Commission.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 1 March 1999

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• Introduced in House (PDF)

  Introduced in House · EN · 1 March 1999

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• Introduced in House

  summary · EN · 1 March 1999

  Open at official source

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