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United States · Bill · S

S. 1670 (119th)

INDEX Act

referredUnited States· United States Congress· EN

Introduced

8 May 2025

Last action

8 May 2025 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sen. Sullivan, Dan [R-AK], Sen. Daines, Steve [R-MT], Sen. Cornyn, John [R-TX], Sen. Cassidy, Bill [R-LA], Sen. Tillis, Thomas [R-NC], Sen. Scott, Rick [R-FL], Sen. Kennedy, John [R-LA], Sen. Hagerty, Bill [R-TN], Sen. Grassley, Chuck [R-IA], Sen. Cramer, Kevin [R-ND]

Subjects

Discovery layer

Source updated

30 April 2026

Official sourceDownload fileView documentsShare

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.  

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

Timeline

  1. 8 May 2025

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 8 May 2025

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

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Versions

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Documents

2 official files

Introduced in Senate

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  • Introduced in Senate

    Introduced in Senate · EN · 8 May 2025

    ViewDownloadOpen at official source

  • Introduced in Senate

    summary · EN · 8 May 2025

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

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Sources

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