# 119-hr-52: Stop Woke Investing Act

119-hr-52, Stop Woke Investing Act, is a 119th Congress bill sponsored by Rep. Biggs, Andy [R-AZ-5] (R-AZ); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-hr-52
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-52
- Congress: 119
- Title: Stop Woke Investing Act
- Status: introduced
- Introduced: 2025-01-03
- Sponsor: Rep. Biggs, Andy [R-AZ-5] (R-AZ)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Limits which shareholder proposals must appear in a company's proxy materials.** This bill would require proposals to have a material effect on financial performance, set caps on how many proposals must be included based on company size, and bar director-submitted proposals. - Public companies would only have to include proposals that materially affect financial performance. Caps on required proposals would scale by company size from 2 to 7 proposals, and firms would have to disclose to the Securities and Exchange Commission how they choose which proposals to include. - Shareholder proponents would need to show financial materiality for a proposal to be included. The bill excludes nonpecuniary goals like environmental, social, political, or ideological aims from the definition of material. - Members of a company's board of directors could not submit proposals that qualify as shareholder proposals for inclusion in proxy materials.

## Cosponsors (2)

- Rep. Ogles, Andrew [R-TN-5] (R-TN), 2025-01-03T00:00:00.000Z
- Rep. Crane, Elijah [R-AZ-2] (R-AZ), 2025-01-03T00:00:00.000Z

## Provisions PRIA read

- New limits on shareholder proxy proposals: cost, high. This bill would cap how many shareholder proposals a company must include per meeting: 2 for non-accelerated filers, 4 for accelerated filers, and 7 for large accelerated filers. A proposal would be included only if it has a material effect on the company’s financial performance; “material” would m…

## Related bills

- 119-hr-6225: PAUSE Act of 2025
- 119-hr-2395: SHORT Act
- 119-hr-740: Veterans’ ACCESS Act of 2025
- 119-hres-303: Recognizing that members and affiliates of Tren de Aragua are alien enemies perpetrating an invasion of the United States and affirming that the President is e…
- 119-hr-318: Border Safety and Security Act of 2025
- 119-hr-22: SAVE Act

## Sources
- [119-hr-52 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/52)

## Related
- [119-hr-6225: PAUSE Act of 2025](https://policyrisk.com/legislation/119-hr-6225)
- [119-hr-2395: SHORT Act](https://policyrisk.com/legislation/119-hr-2395)
- [119-hr-740: Veterans’ ACCESS Act of 2025](https://policyrisk.com/legislation/119-hr-740)
- [119-hres-303: Recognizing that members and affiliates of Tren de Aragua are alien enemies per…](https://policyrisk.com/legislation/119-hres-303)
- [119-hr-318: Border Safety and Security Act of 2025](https://policyrisk.com/legislation/119-hr-318)
- [119-hr-22: SAVE Act](https://policyrisk.com/legislation/119-hr-22)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-52 (as of 2025-12-21).