HR9732
Referred to committee
Multi-Class Stock Company Voting Transparency Act.
- Federal
- House
- Introduced Jul 16, 2026
- Session 119
Bill Text
Version IHThis Act may be cited as the Multi-Class Stock Company Voting Transparency Act.
Section 14 of the Securities Exchange Act of 1934 (15 U.S.C. 78n) is amended by adding at the end the following:
The Commission shall, by rule, require that an issuer with 2 or more classes of voting securities, with respect to each meeting during which the shareholders of the issuer vote as one class, disclose to such shareholders the following with respect to such vote:
The total number of votes cast for, against, or withheld, disaggregated by class of voting security held.
The total number of abstentions and broker non-votes, disaggregated by class of voting security held.
Section 14 of the Securities Exchange Act of 1934 (15 U.S.C. 78n) is amended by adding at the end the following:
The Commission shall, by rule, require that an issuer with 2 or more classes of voting securities, with respect to each meeting during which the shareholders of the issuer vote as one class, disclose to such shareholders the following with respect to such vote:
The total number of votes cast for, against, or withheld, disaggregated by class of voting security held.
The total number of abstentions and broker non-votes, disaggregated by class of voting security held.
Legislative Timeline
3 actions-
Introduced in House
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Introduced in House
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Referred to the House Committee on Financial Services.