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United States · Bill · S

S. 3703 (118th)

RESPITE for Businesses Act

referredUnited States· United States Congress· EN

Introduced

31 January 2024

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

27 May 2025

Summary

Rejecting Extremist Shareholder Proposals that Inhibit and Thwart Enterprise for Businesses Act or the RESPITE for Businesses Act This bill allows an issuer of securities to exclude a shareholder proposal from proxy statements despite whether the proposal relates to a significant social policy issue. Currently, an issuer may exclude a proposal if it deals with a matter relating to its ordinary business operations unless the proposal raises a significant social policy issue. 

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Documents

3 official files

Introduced in Senate (text)

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