Sec. 1. Short title; table of contents
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/bill/118/hr/4790/rfs/section-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
This Act may be cited as the . Prioritizing Economic Growth Over Woke Policies Act The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Division A—GUARDRAIL Act of 2023 Sec. 1001. Short title; table of contents. Title I—Mandatory Materiality Requirement Sec. 1101. Limitation on disclosure requirements. Title II—SEC justification of non-material disclosure mandates Sec. 1201. SEC justification of non-material disclosure mandates. Title III—Public Company Advisory Committee Sec. 1301.
Public Company Advisory Committee. Title IV—Protecting U.S. Business Sovereignty Sec. 1401. Study on detrimental impact of the Directive on Corporate Sustainability Due Diligence and Corporate Sustainability Reporting Directive. Division B—Businesses Over Activists Act Sec. 2001. Short title. Sec. 2002. Limitation with respect to compelling the inclusion or discussion of shareholder proposals. Division C—Protecting Americans’ Retirement Savings from Politics Act Sec. 3001. Short title;
Table of contents. Title I—Performance over Politics Sec. 3101. Exclusion of certain substantially similar shareholder proposals. Title II—No Expensive, Stifling Governance Sec. 3201. Exclusion of certain shareholder proposals. Title III—Exclusion of certain ESG shareholder proposals Sec. 3301. Exclusion of certain ESG shareholder proposals. Title IV—Exclusions available regardless of significant social policy issue Sec. 3401. Exclusions available regardless of significant social policy issue.
Title V—Corporate Governance Examination Sec. 3501. Study of certain issues with respect to shareholder proposals, proxy advisory firms, and the proxy process. Title VI—Registration of proxy advisory firms Sec. 3601. Registration of proxy advisory firms. Title VII—Liability for certain failures to disclose material information or making of material misstatements Sec. 3701. Liability for certain failures to disclose material information or making of material misstatements. Title VIII—Duties of investment advisors, asset managers, and pension funds Sec. 3801.
Duties of investment advisors, asset managers, and pension funds. Title IX—Protecting Americans’ Savings Sec. 3901. Requirements related to proxy voting. Title X—Empowering Shareholders Sec. 3911. Proxy voting of passively managed funds. Title XI—Protecting Retail Investors’ Savings Sec. 3921. Best interest based on pecuniary factors. Sec. 3922. Study on climate change and other environmental disclosures in municipal bond market. Sec. 3923. Study on solicitation of municipal securities business.
Division D—American FIRST Act of 2023 Sec. 4001. Short title; Table of contents. Title I—Stop Executive Capture of Banking Regulators Sec. 4101. Report on the implementation of recommendations from the FSOC Chairperson and Executive Orders. Title II—Ensuring U.S. Authority over U.S. Banking Regulations Sec. 4201. Requirements in connection with rulemakings implementing policies of non-governmental international organizations. Sec. 4202. Report on certain climate-related interactions with covered international organizations.
Title III—Banking Regulator International Reporting Sec. 4301. Reporting on interactions with non-governmental international organizations. Title IV—Supervision Reform Sec. 4401. Removal of the Vice Chairman for Supervision designation. Division E—Limitation on SEC Reserve Fund Sec. 5001. Limitation.