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H.R.887 / 106th Congress

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.

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.

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Who introduced it

Rep. Gillmor, Paul E. [R-OH-5] · R–OH

Committees

  • Energy and Commerce Committee
4 cosponsorship records, including any withdrawals

Actions

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  1. Committee Consideration and Mark-up Session Held.

  2. Forwarded by Subcommittee to Full Committee by Voice Vote.

  3. Subcommittee Consideration and Mark-up Session Held.

  4. Subcommittee Hearings Held.

  5. Referred to the Subcommittee on Finance and Hazardous Materials.

  6. Referred to the House Committee on Commerce.

  7. Introduced in House

  8. Introduced in House

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

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.

Explore the bill from different angles

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Neutral evidence review

Objective

Analyze H.R.887 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

Examine H.R.887 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Institutions and government scope

Conservative lens

Examine H.R.887 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Individual rights and government power

Liberty lens

Examine H.R.887 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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