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Bill116th CongressFiled Sep 12, 2019Commerce
H.R. 4320

Corporate Management Accountability Act of 2019

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house (Dec 11, 2019)

Corporate Management Accountability Act of 2019

This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why such procedures are not necessary for the benefit of its shareholders.

What just happenedDec 11, 2019

Placed on the Union Calendar, Calendar No. 268.

Who’s behind it

Rep. Porter, Katie [D-CA-45](D-CA)Sponsor
Read on Congress.gov
1committees10actions1related bills7subjects
  1. Dec 11, 2019CalendarsH12410

    Placed on the Union Calendar, Calendar No. 268.

  2. Dec 11, 2019CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-337.

    Financial Services Committee
  3. Dec 11, 2019Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-337.

    Financial Services Committee
  4. Sep 20, 2019Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 22.

    Financial Services Committee
  5. Sep 20, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Sep 19, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  7. Sep 18, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  8. Sep 12, 2019IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  9. Sep 12, 2019IntroReferralIntro-H

    Introduced in House

  10. Sep 12, 2019IntroReferral1000

    Introduced in House

Reported to HouseDec 11, 20197

Corporate Management Accountability Act of 2019

This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why such procedures are not necessary for the benefit of its shareholders.

Introduced in HouseSep 12, 2019

Corporate Management Accountability Act of 2019

This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why such procedures are not necessary for the benefit of its shareholders.

Corporate Management Accountability Act of 2019 — Informed