Direct the Securities and Exchange Commission to require multi-class public companies to disclose shareholder proposal vote totals by share class, including votes for, against, or withheld by Class A and Class B shareholders.

Sean Casten · Illinois · Democratic

policy impact 0.48 specificity 0.90 extraction confidence 88%

Commitment kind: unknown. Promised action: not established. Promised outcome: not established. Deadline: unknown; not assumed expired.

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The Multi-Class Stock Company Voting Transparency Act directs the SEC to conduct a rulemaking to require that multi-class companies also disclose the total number of votes cast for, against, or withheld on by Class A shareholders and Class B shareholders on each proposal, alongside other required disclosure information.

Casten introduced legislation that would require SEC rulemaking for multi-class companies to disclose shareholder proposal voting results broken down by share class.

Casten Introduces Bill to Increase Transparency for Proxy Voting, Support Shareholder Rights | U.S. Congressman Sean Casten
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