United States · Bill · S
S. 4241 (117th)
INDEX Act
Introduced
18 May 2022
Last action
—
Status
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
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
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 18 May 2022
Introduced in Senate (PDF)
Introduced in Senate · EN · 18 May 2022
Introduced in Senate
summary · EN · 18 May 2022
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/117th-congress/senate-bill/4241
- Open data entity: https://api.congress.gov/v3/bill/117/s/4241