Shareholder Political Transparency Act of 2020
This bill requires an issuer of securities to disclose information related to expenditures for political activities. Specifically, issuers must disclose quarterly any such expenditure, including by identifying any candidate the expenditure was made in relation to and any trade association or other tax exempt organization that received dues or other payments that may be used for political activities. Annually, issuers must report on expenditures for political activities made in the previous year over $10,000 and information related to anticipated expenditures for the next year.
The Government Accountability Office must report on the effectiveness of the Securities and Exchange Commission's oversight of these reporting and disclosure requirements.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2020-12-08 | Calendars | Placed on the Union Calendar, Calendar No. 517. | House floor actions |
| 2020-12-08 | Committee | Reported (Amended) by the Committee on Financial Services. H. Rept. 116-632. | House floor actions |
| 2020-02-28 | Committee | Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25. | House committee actions |
| 2020-02-28 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2020-02-27 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2020-02-21 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2020-02-21 | IntroReferral | Introduced in House | Library of Congress |