United States · Bill · S
S. 1670 (119th)
INDEX Act
Introduced
8 May 2025
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
30 April 2026
Summary
INvestor Democracy is EXpected Act or the INDEX Act This bill establishes guidelines for passively managed funds (e.g., index funds) that vote shares on behalf of fund investors in proxy shareholder votes. Under the bill, these funds generally must vote shares on a proportional basis according to instructions from fund investors. The bill establishes an exemption for routine matters and matters requiring approval of a majority of outstanding securities. Additionally, the bill establishes a safe harbor from these requirements for investment advisers.
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Timeline
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Votes
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Versions
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Documents
2 official files
Introduced in Senate
Introduced in Senate · EN · 8 May 2025
Introduced in Senate
summary · EN · 8 May 2025
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/119th-congress/senate-bill/1670
- Open data entity: https://api.congress.gov/v3/bill/119/s/1670