To amend the Securities and Exchange Act of 1934 to require improved disclosure of corporate charitable contributions, and for other purposes.
Committee Consideration and Mark-up Session Held.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Mar 1, 1999
Amends the Securities Exchange Act of 1934 to mandate that: (1) the proxy statement or other documents accompanying any proxy, consent, or authorization solicited by an issuer of registered securities prior to any annual shareholder meeting include a disclosure of the issuer's contributions during the preceding fiscal year to any non-profit organization of which a director, officer, or controlling person of the issuer (or spouse thereof) was a director or trustee, including the identity of each recipient and the value of the contribution; (2) such issuer annually make available the total value of contributions made to nonprofit organizations during its previous fiscal year; and (3) such issuer identify the recipient and value of contributions in excess of any amount designated by the Securities Exchange Commission.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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