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H.R. 4790 · 111th Congress · 2009–2010

Shareholder Protection Act of 2010

H.R. 4790 in the 111th Congress (2009–2010) was introduced on Mar 9, 2010, sponsored by Michael E. Capuano with 49 co-sponsors.

During the 111th Congress (2009–2010), Barack Obama was president, and Democrats held majorities in both the House and Senate.

Status
Introduced
Introduced
Mar 9, 2010
Co-sponsors
49
Policy area
Finance and Financial Sector

What it does

Shareholder Protection Act of 2010 - (Sec. 3) Amends the Securities Exchange Act of 1934 to require that any solicitation of a proxy, consent, or authorization with respect to any security of an issuer: (1) describe the specific nature and total amount of expenditures proposed for political activities for the forthcoming fiscal year; and (2) provide for a separate shareholder vote to authorize such proposed expenditures.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Michael E. Capuano (D-MA). Co-sponsors: 49 Democrats.

Where it stands

  • IntroducedMar 9, 2010
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Placed on the Union Calendar, Calendar No. 362. (Sep 22, 2010)

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 4790 (111th Congress): Shareholder Protection Act of 2010,” https://www.capitolreceipts.com/bill/111-hr-4790/shareholder-protection-act-of-2010 (accessed 2026-10-17).

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