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Limiting Shareholder Influence on Corporate Environmental and Social Decisions.

This bill allows companies to reject shareholder proposals on environmental, social, or political matters. This means citizens who own shares might have less say in how companies address issues like environmental protection or social responsibility, potentially altering corporate behavior in these areas.
Key points
Companies can exclude shareholder proposals related to environmental, social, and political issues.
Shareholders may have reduced influence over corporate decisions on social and environmental responsibility.
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Additional Information
Print number: 118_HR_4640
Sponsor: Rep. Donalds, Byron [R-FL-19]
Process start date: 2023-07-14