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HR2795: Enhancing Multi-Class Share Disclosures Act
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HR2795
Enhancing Multi-Class Share Disclosures Act

1
Roll Calls
295
Yea (latest vote)
22
Nay (latest vote)
House
2023-05-30 – 2023-05-30

About HR2795

Enhancing Multi-Class Share Disclosures Act

Policy Area: Finance and Financial Sector

Sponsor: Rep. Meeks, Gregory W. [D-NY-5] (D-NY)

Latest Action (2023-05-31): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

Enhancing Multi-Class Share Disclosures Act This bill requires issuers of securities with multi-class share structures to disclose certain information in any proxy solicitation or consent solicitation material. A multi-class share structure occurs when a company issues two or more classes of shares that have different voting rights. For example, a company may issue one class of shares with no or few voting rights for the public, and another class with more voting rights for company founders and executives. Under the bill, the issuer must disclose certain information about each director, director nominee, named executive officer, and each beneficial owner of securities with 5% or more of the total combined voting power of all classes of securities entitled to vote in the election of directors. Specifically, the issuer must disclose (1) the number of shares of all classes of securities entitled to vote in the election of directors beneficially owned by such person, and (2) the amount of voting power held by such person.

Subjects: Consumer affairs, Corporate finance and management, Financial services and investments, Securities

Who Voted How on HR2795

Filter by Yea, Nay, or Absent

Vote Breakdown — HR2795

How members voted on HR2795. 363 total positions across all roll calls for this bill.

Member Date Question Vote Result
Robert B. Aderholt (R-Alabama) 2023-05-30 2/3 Yea-And-Nay Not Voting Passed
Jake Auchincloss (D-Massachusetts) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Mark E. Amodei (R-Nevada) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Alma S. Adams (D-North Carolina) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Pete Aguilar (D-California) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Rick W. Allen (R-Georgia) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Jodey C. Arrington (R-Texas) 2023-05-30 2/3 Yea-And-Nay Not Voting Passed
Mark Alford (R-Missouri) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Sanford D. Bishop (D-Georgia) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Cliff Bentz (R-Oregon) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Stephanie I. Bice (R-Oklahoma) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Lauren Boebert (R-Colorado) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Gus M. Bilirakis (R-Florida) 2023-05-30 2/3 Yea-And-Nay Not Voting Passed
Vern Buchanan (R-Florida) 2023-05-30 2/3 Yea-And-Nay Not Voting Passed
Suzanne Bonamici (D-Oregon) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Joyce Beatty (D-Ohio) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Andy Barr (R-Kentucky) 2023-05-30 2/3 Yea-And-Nay Not Voting Passed
Julia Brownley (D-California) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Ami Bera (D-California) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Brian Babin (R-Texas) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Donald S. Beyer (D-Virginia) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Mike Bost (R-Illinois) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Brendan F. Boyle (D-Pennsylvania) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Don Bacon (R-Nebraska) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Jim Banks (R-Indiana) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Nanette Diaz Barragán (D-California) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Jack Bergman (R-Michigan) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Andy Biggs (R-Arizona) 2023-05-30 2/3 Yea-And-Nay Nay Passed
Lisa Blunt Rochester (D-Delaware) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Troy Balderson (R-Ohio) 2023-05-30 2/3 Yea-And-Nay Yea Passed
James R. Baird (R-Indiana) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Tim Burchett (R-Tennessee) 2023-05-30 2/3 Yea-And-Nay Nay Passed
Shontel M. Brown (D-Ohio) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Aaron Bean (R-Florida) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Nikki Budzinski (D-Illinois) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Eric Burlison (R-Missouri) 2023-05-30 2/3 Yea-And-Nay Nay Passed
Josh Brecheen (R-Oklahoma) 2023-05-30 2/3 Yea-And-Nay Nay Passed
Becca Balint (D-Vermont) 2023-05-30 2/3 Yea-And-Nay Not Voting Passed
Ken Calvert (R-California) 2023-05-30 2/3 Yea-And-Nay Yea Passed
James E. Clyburn (D-South Carolina) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Kat Cammack (R-Florida) 2023-05-30 2/3 Yea-And-Nay Yea Passed
John R. Carter (R-Texas) 2023-05-30 2/3 Yea-And-Nay Not Voting Passed
Tom Cole (R-Oklahoma) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Ed Case (D-Hawaii) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Jim Costa (D-California) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Emanuel Cleaver (D-Missouri) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Henry Cuellar (D-Texas) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Kathy Castor (D-Florida) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Yvette D. Clarke (D-New York) 2023-05-30 2/3 Yea-And-Nay Yea Passed
Steve Cohen (D-Tennessee) 2023-05-30 2/3 Yea-And-Nay Yea Passed

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Frequently Asked

What is HR2795?

HR2795 is the Enhancing Multi-Class Share Disclosures Act, introduced in the House of the 119th U.S. Congress by Rep. Meeks, Gregory W. [D-NY-5] (D-NY). Enhancing Multi-Class Share Disclosures Act This bill requires issuers of securities with multi-class share structures to disclose certain information in any proxy solicitation or consent solicitation material. A multi-class share structure occurs when a company issues two or more classes of shares that have different voting rights.

Who sponsored HR2795?

HR2795 was sponsored by Rep. Meeks, Gregory W. [D-NY-5] (D-NY). Cosponsors and roll-call positions are listed on this page.

What is the current status of HR2795?

As of 2023-05-31, HR2795 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs..

How did Congress vote on HR2795?

HR2795 has had 1 roll-call vote on record. The most recent: 2023-05-30 — 2/3 Yea-And-Nay (Passed).

What policy area does HR2795 cover?

HR2795 is categorized under "Finance and Financial Sector." Browse other bills in this area at /topic-finance-and-financial-sector/.

Where can I see all member positions on HR2795?

Each member’s vote is shown on this page, with party affiliation, state, and the official vote question. Click any member to see their full voting record.