
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.
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
Filter by Yea, Nay, or Absent
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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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.
HR2795 was sponsored by Rep. Meeks, Gregory W. [D-NY-5] (D-NY). Cosponsors and roll-call positions are listed on this page.
As of 2023-05-31, HR2795 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs..
HR2795 has had 1 roll-call vote on record. The most recent: 2023-05-30 — 2/3 Yea-And-Nay (Passed).
HR2795 is categorized under "Finance and Financial Sector." Browse other bills in this area at /topic-finance-and-financial-sector/.
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.