HR 3357 · in committee · significant
Enhancing Multi-Class Share Disclosures Act
- economy
What this bill does
- Companies with multi-class shares must disclose voting rights details in shareholder materials.
- Directors, executives, and major shareholders must report their share ownership and voting power.
- Issuers must provide this information whenever they solicit proxies or shareholder consent.
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Community Threads
Started by Cosponsor
- 01
How might requiring detailed voting power disclosures affect the ability of founders to maintain control of their companies through multi-class share structures?
- 02
What specific harms to shareholders is this bill designed to prevent, and what evidence shows current disclosure practices allow those harms to occur?
- 03
How would the costs of implementing these new disclosure requirements differ between large corporations and smaller public companies with multi-class shares?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · D-NY-5
Gregory W. Meeks
Citizen cosponsors
0
In Congress
0/ 435
House Reps cosponsoring
Introduced 2025-07-24
Legislative timeline
2025-07-24 · senate · IntroReferral
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-07-23 · house · Floor
Motion to reconsider laid on the table Agreed to without objection.
2025-07-23 · house · Floor
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 381 - 31 (Roll no. 217). (text: 07/21/2025 CR H3508)
2025-07-23 · Floor
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 381 - 31 (Roll no. 217). (text: 07/21/2025 CR H3508)
2025-07-23 · house · Floor
Considered as unfinished business. (consideration: CR H3621-3622)
2025-07-21 · house · Floor
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
2025-07-21 · house · Floor
DEBATE - The House proceeded with forty minutes of debate on H.R. 3357.
2025-07-21 · house · Floor
Considered under suspension of the rules. (consideration: CR H3508)
2025-07-21 · house · Floor
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
2025-06-03 · house · Calendars
Placed on the Union Calendar, Calendar No. 90.
2025-06-03 · house · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-120.
2025-06-03 · Committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-120.
2025-05-20 · house · Committee
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
2025-05-20 · house · Committee
Committee Consideration and Mark-up Session Held
2025-05-13 · house · IntroReferral
Referred to the House Committee on Financial Services.
2025-05-13 · IntroReferral
Introduced in House
2025-05-13 · IntroReferral
Introduced in House
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