This bill would amend Section 14 of the Securities Exchange Act of 1934. It directs the Securities and Exchange Commission (the Commission) to make rules requiring an issuer that has two or more classes of voting securities to disclose certain voting results. For each meeting where shareholders vote as one class, the issuer must disclose: (1) the total number of votes cast for, against, or withheld, broken down by class of voting security; and (2) the total number of abstentions and broker non-votes, broken down by class of voting security. The bill was introduced on July 16, 2026, by Representative Sean Casten and was referred to the House Committee on Financial Services.
If you hold stock in a company with more than one class of voting shares, this bill would mean you could receive vote totals that show how each class voted when all shareholders vote as one class. If your company issues multiple classes of voting stock, the company would be required (under SEC rules to be written) to provide those disaggregated vote counts after such meetings.
No publicly available information on costs or budgetary effects is included in the bill text or provided metadata.
No publicly available information.
No publicly available information.