United States · Bill · S
S. 1912 (115th)
Corporate Management Accountability Act of 2017
Introduced
3 October 2017
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6290)
Sponsors
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Subjects
Discovery layer
Source updated
11 August 2025
Summary
Corporate Management Accountability Act of 2017 This bill directs the Securities and Exchange Commission to issue final rules to require each reporting company (i.e., an issuer with registered securities and reporting requirements under the Securities Exchange Act of 1934) to disclose whether such company has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the reporting company has not established such procedures, it must explain why not having such procedures is necessary for the benefit of its shareholders.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 3 October 2017
Introduced in Senate (PDF)
Introduced in Senate · EN · 3 October 2017
Introduced in Senate
summary · EN · 3 October 2017
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Sources
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- Official source: https://www.congress.gov/bill/115th-congress/senate-bill/1912
- Open data entity: https://api.congress.gov/v3/bill/115/s/1912