Multi-Class Stock Company Voting Transparency Act.

This bill would change the Securities Exchange Act of 1934 to cover public companies that have two or more classes of voting stock. When shareholders of such a company vote together as one class at a meeting, the Securities and Exchange Commission would have to write a rule requiring the company to report the vote results to shareholders. The report would show the votes cast for, against, or withheld, broken down by class of stock. It would also show the number of abstentions and broker non-votes, broken down by class of stock.

Full text and official record on Congress.gov

Sponsors

• Sean Casten Democrat sponsor
• 1 cosponsors