Mr. Chairman, I rise in opposition to this particular amendment, which would block a rule that promotes meaningful shareholder engagement by requiring a higher level of shareholder support for resubmitted proposals. This rule helps streamline the shareholder proposal process by discouraging the repetitive submission of proposals that have failed to gain substantial support in the past. By requiring shareholders to demonstrate substantial support for their proposals, the rule encourages responsible activism and discourages the use of the shareholder proposal process for purely symbolic or nuisance proposals. Mr. Chairman, I urge my colleagues to vote ``no'' on this amendment, and I reserve the balance of my time.
On the recordNovember 8, 2023
Share & report
More from Matt Cartwright
Nov 8, 2023
Mr. Chair, I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from Tennessee will be postponed. The Acting CHAIR. The Chair understands amendment…
Dec 5, 2023
Hemp was once a staple of Pennsylvania's economy, and is once again presenting opportunities for new businesses.
Nov 8, 2023
Mr. Chairman, I acknowledge that there is probably no Member of this House happier than I am not to have to wear a mask this afternoon. Mr. Chairman, I rise in opposition to this amendment. It is a useless amendment. The COVID public…
Dec 5, 2023
The upcoming farm bill reauthorization is an opportunity to build on the work Congress has done since the last farm bill.





