H.R. 1087: Shareholder Political Transparency Act of 2021
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H.R. 1087: Shareholder Political Transparency Act of 2021
117th Congress · introduced 2021-02-18 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 36.
federal
Follow this bill, step by step
- Where it came from: introduced 2021-02-18 · official record
- Who proposed it: Rep. Foster, Bill [D-IL-11] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Placed on the Union Calendar, Calendar No. 36. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Shareholder Political Transparency Act of 2021
Plain summary
Shareholder Political Transparency Act of 2021 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.
Congressional Research Service summary (Reported to House), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
Shareholder Political Transparency Act of 2021
Source: Congressional Research Service summary (Reported to House)
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The strongest published arguments
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Foster, Bill [D-IL-11] · 11 cosponsors
Cost estimate: CBO cost estimate: H.R. 1087, Shareholder Political Transparency Act of 2021 (2021-05-19)
Cosponsors on this site
Janice D. Schakowsky (D-IL), Eleanor Holmes Norton (D-DC), Nydia M. Velázquez (D-NY), Jamie Raskin (D-MD), Jason Crow (D-CO), Peter Welch (D-VT), Salud O. Carbajal (D-CA), Grace Meng (D-NY), Jesús G. "Chuy" García (D-IL)
Sponsor's campaign money: Rep. Foster, Bill [D-IL-11] reported raising $2.6 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (2)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
- Securities
- Financial investments that can be bought and sold, such as stocks and bonds.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Reported to House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr1087.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>
Record fed-us-cong117-hr1087 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117