H.R. 4015 - Corporate Governance Reform and Transparency Act of 2017
- Sponsor:
- Sean P. Duffy
- Summary:
- To improve the quality of proxy advisory firms for the protection of investors and the U.S. economy, and in the public interest, by fostering accountability, transparency, responsiveness, and competition in the proxy advisory firm industry. (by CRS)
- Status:
- The bill was voted on in the House on December 20, 2017
PASSED on December 20, 2017.
1/2 required to pass
voted YES: 238
voted NO: 182
12 voted present/not voting
Corporate Governance Reform and Transparency Act of 2017
H.R. 4015 — 115th Congress (2017–2018)
- Summary
- To improve the quality of proxy advisory firms for the protection of investors and the U.S. economy, and in the public interest, by fostering accountability, transparency, responsiveness, and competition in the proxy advisory firm industry. (by CRS)
- Learn More
- At OpenCongress
- Title
- To improve the quality of proxy advisory firms for the protection of investors and the U.S. economy, and in the public interest, by fostering accountability, transparency, responsiveness, and competition in the proxy advisory firm industry.
- Other Titles
- Corporate Governance Reform and Transparency Act of 2017
- Corporate Governance Reform and Transparency Act of 2017
- Corporate Governance Reform and Transparency Act of 2017
- Corporate Governance Reform and Transparency Act of 2017
- Corporate Governance Reform and Transparency Act of 2017
- Corporate Governance Reform and Transparency Act of 2017
- Sponsor
- Sean P. Duffy
- Co-Sponsors
- Subjects
- Finance and financial sector
- Administrative remedies
- Business ethics
- Competition and antitrust
- Corporate finance and management
- Government information and archives
- Licensing and registrations
- Securities
- Securities and Exchange Commission (SEC)
- Related Bills
- H.R. 10 (115th) : Financial CHOICE Act of 2017
- H.Res. 657 (115th) : Providing for Consideration of the Bill (H.R. 2396) to Amend the Gramm-Leach-Bliley Act to Update the Exception for Certain Annual Notices Provided by Financial Institutions, and Providing for Consideration of the Bill (H.R. 4015) to Improve the Quality of Proxy Advisory Firms for the Protection of Investors and the U.S. Economy, and in the Public Interest, by Fostering Accountability, Transparency, Responsiveness, and Competition in the Proxy Advisory Firm Industry.
- Major Actions
Introduced 10/11/2017 Passed House 12/20/2017 - Bill History
-
Chamber/Committee Motion Date Result select this vote House On Motion to Recommit with Instructions: H R 4015 Corporate Governance Reform and Transparency Act 12/20/2017 This motion DID NOT PASS the House 189 voted YES 231 voted NO 12 voted present/not votingcurrently selected House On Passage: H R 4015 Corporate Governance Reform and Transparency Act 12/20/2017 This bill PASSED the House 238 voted YES 182 voted NO 12 voted present/not votingAction Date Description Introduced 10/11/2017 10/11/2017 Introduced in House 10/11/2017 Referred to the House Committee on Financial Services. 11/15/2017 Committee Consideration and Mark-up Session Held. Put on a legislative calendar 11/15/2017 Ordered to be Reported by the Yeas and Nays: 40 - 20. 12/07/2017 Reported by the Committee on Financial Services. H. Rept. 115-451. Put on a legislative calendar 12/07/2017 Placed on the Union Calendar, Calendar No. 333. 12/12/2017 Rules Committee Resolution H. Res. 657 Reported to House. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate for each bill. The amendment in the nature of a substitute printed in H.R. 2396 shall be considered as adopted. The rule also makes in order the amendment printed in the report. An amendment in the nature of a substitute to H.R. 4015 consisting of Rules Committee Print 115-46, shall be considered as adopted. 12/13/2017 Rule H. Res. 657 passed House. 12/20/2017 12/20/2017 House amendment offered 12/20/2017 Considered under the provisions of rule H. Res. 657. 12/20/2017 Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate for each bill. The amendment in the nature of a substitute printed in H.R. 2396 shall be considered as adopted. The rule also makes in order the amendment printed in the report. An amendment in the nature of a substitute to H.R. 4015 consisting of Rules Committee Print 115-46, shall be considered as adopted. 12/20/2017 DEBATE - The House proceeded with one hour of debate on H.R. 4015. 12/20/2017 The previous question was ordered pursuant to the rule. 12/20/2017 Mr. Sarbanes moved to recommit with instructions to the Committee on Financial Services. 12/20/2017 DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to exempt proxy voting recommendations on shareholder proposals related to political campaign contributions of a company. 12/20/2017 The previous question on the motion to recommit with instructions was ordered without objection. 12/20/2017 POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit with instructions, the Chair put the question on the motion and by voice vote, announced that the noes had prevailed. Mr. Sarbanes demanded the yeas and nays and the Chair postponed further proceedings on the motion to recommit with instructions until a time to be announced. 12/20/2017 Motion to reconsider laid on the table Agreed to without objection. select this vote Vote 12/20/2017 On Motion to Recommit with Instructions: H R 4015 Corporate Governance Reform and Transparency Act currently selected House Vote on Passage 12/20/2017 On Passage: H R 4015 Corporate Governance Reform and Transparency Act 12/21/2017 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 6/28/2018 Committee on Banking, Housing, and Urban Affairs. Hearings held. 12/06/2018 Committee on Banking, Housing, and Urban Affairs. Hearings held. Number Sponsor Date Offered Status
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Contributions data source: OpenSecrets.org