# 118-hr-4657: To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a-8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue.

118-hr-4657, To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a-8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue., is a 118th Congress bill sponsored by Rep. Rose, John W. [R-TN-6] (R-TN); status Referred to the House Committee on Financial Services. (as of 2026-10-15).

- Canonical: https://policyrisk.com/legislation/118-hr-4657
- As of: 2026-10-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 118-hr-4657
- Congress: 118
- Title: To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a-8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2023-07-14
- Sponsor: Rep. Rose, John W. [R-TN-6] (R-TN)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2026-10-15

## Summary

To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a-8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue.

## Related bills

- 118-hr-1096: 250th Anniversary of the United States Marine Corps Commemorative Coin Act
- 118-hr-4581: Maternal and Child Health Stillbirth Prevention Act of 2024
- 118-hr-7438: FIFA World Cup 2026 Commemorative Coin Act
- 118-hr-10514: Conservation Reinvestment Act
- 118-hres-1594: Supporting the goals and ideals of "National Rural Health Day".
- 118-hres-1574: Calling for the removal of Federal Deposit Insurance Corporation Chairman Martin J. Gruenberg from his position, effective immediately.

## Sources
- [118-hr-4657 on Congress.gov](https://www.congress.gov/bill/118th-congress/house-bill/4657)

## Related
- [118-hr-1096: 250th Anniversary of the United States Marine Corps Commemorative Coin Act](https://policyrisk.com/legislation/118-hr-1096)
- [118-hr-4581: Maternal and Child Health Stillbirth Prevention Act of 2024](https://policyrisk.com/legislation/118-hr-4581)
- [118-hr-7438: FIFA World Cup 2026 Commemorative Coin Act](https://policyrisk.com/legislation/118-hr-7438)
- [118-hr-10514: Conservation Reinvestment Act](https://policyrisk.com/legislation/118-hr-10514)
- [118-hres-1594: Supporting the goals and ideals of "National Rural Health Day".](https://policyrisk.com/legislation/118-hres-1594)
- [118-hres-1574: Calling for the removal of Federal Deposit Insurance Corporation Chairman Marti…](https://policyrisk.com/legislation/118-hres-1574)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/118-hr-4657 (as of 2026-10-15).